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Jabil & Visteon to resolve problems

EMS-provider Jabil and Visteon negotiating solutions to avoid potential supply disruption to Visteon.

July 02 2009, 9:47 AM
Visteon, which filed for bankruptcy protection on May 28th, has withdrawn a request for a temporary restraining order against EMS-provider Jabil Circuit, reports the Charleston Daily Mail. Jabil was accused by Visteon to hold back tooling.

Visteon, currently trying to reorganise under the bankruptcy protection, has an estimated $7 million in debts to electronics manufacturer Jabil Circuit.

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