PARIS – Despite French parts maker Cadence Innovation’s success in winning new business late last year, its income is expected to fall in 2007 and 2008. The company’s story follows an unusually contorted path, but it also helps explain the difficulties today’s suppliers face in trying to right themselves after bankruptcy. Cadence in France started out as Peguform France, a subsidiary of U.S. supplier Venture Holdings, which made cargo management systems, doors, door modules, instrument ...

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