Parsippany"s GenTek, a diversified manufacturer of telecommunications and other industrial products, Monday emerged from Chapter 11 with a balance-sheet debt of $280 million, representing a reduction of $670 million from the company"s pre-petition funded debt of $950 million. "Today marks the start of an exciting period in GenTek"s history," said Richard R. Russell, the company's president and CEO."We are emerging with substantially less debt, lower interest expense and a more competitive cost structure." GenTek's plan of reorganization was confirmed by the United States Bankruptcy Court for the District of Delaware on October 7. Under the plan, the company's previously existing common stock has been cancelled. The new stock issued under the plan will begin trading under the symbol OTCBB: GETI.