Boonville Daily News
Boonville, MO
SearchSearch
Navigation Navigation

City administrator calls recent Boonville-linked Chapter 11 filings unusual


Advertisement
By Nate Birt
Boonville Daily News

Boonville -

While GlenMartin confirmed Monday that it has filed for Chapter 11 bankruptcy protection, it is not the first company with Boonville ties to be connected with similar filings this year.

Nordyne’s parent company, Nortek, has filed for a prepackaged Chapter 11, said Kari Palutis, communications manager at Nordyne’s O’Fallon headquarters.

“For the most part, Nordyne is unaffected,” Palutis said Monday.

City Administrator Irl Tessendorf said today that while it’s unusual to have two Chapter 11 filings with Boonville connections in a short period of time, he’s hopeful the filings will allow the companies to restructure and continue working in the city.
 

true
Loading commenting interface...
Advertisement
Visit zip2save.com for all your favorite circulars & coupons!
Advertisement

Top Ads

Facebook

CopyrightCopyright
CopyrightCopyright


Get Firefox