Case Study

Rivera Tool Company

Rivera Tool Company

Rivera Tool Company Division: Phoenix Management Services Client Riviera Tool Company is a tier 1 automotive tool and die manufacturer located in Michigan. Problem Riviera Tool Company had been recently purchased out of bankruptcy. The previous management team had been terminated and the Company had no backlog of projects and it was completing work on its one remaining large project. The plant was operating at less the 15% of capacity and revenue was expected to completely evaporate within 2 months. Solution Phoenix was engaged to serve as the Chief Restructuring Officer to assist the Company with a restructure of its management team and marketing efforts. Phoenix worked with the Company to completely overhaul its accounting and finance functions as well as design a marketing strategy and

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