Search results in tag Closures
Found 3 records | Page 1 of 1
Wire Machine Dealer and Industrial Au...
by wireworld
on 04/28/2013 - 02:09 am
Tags: Closures, Press Releases
World-wide industrial auctioneers, Maynards Europe GmbH, and one of the biggest global dealers of new and used machines for the wire, cable and rolling industries, Bongard Trading GmbH & Co. KG, are combining their expertise in a joint project to sell the production equipment and mobile assets of Hyosung Wire Luxembourg S.A., formerly GoodYear/Dunlop, online.
“Our competencies and goals complement each other very well in this project,“ states Daniel Kröger, Managing Director of Maynards Europe. “We share the ambition to combine professional know-how and operating experience of many years with innovative ideas,“ adds Thomas Bongard, CEO o ...
Judge Approves Sale of RG Steel Yorks...
by wireworld
on 08/16/2012 - 05:47 pm
Tags: Closures, Press Releases
A federal bankruptcy judge in Delaware has approved the sale of RG Steel's assets at its Yorkville, Ohio, facility to Esmark Steel Group.
Esmark bid $4.75 million for the Yorkville assets last month, agreeing to offer jobs to at least 230 employees at the site. Esmark offered an additional $400,000 for mineral interests related to the Yorkville sale.
The judge approved the sale at a hearing Wednesday, Aug 15th 2012. RG Steel also is seeking court approval of the sale of facilities in Sparrows Point, Md., and Warren, Ohio.
Hilco Industrial, a company that specializes in industrial liquidations, submitted a top bid of $72 million ...
Holland Wire Plant to be Consolidated...
by wireworld
on 08/04/2012 - 05:59 pm
Tags: Closures, Press Releases
Holland Wire Products Inc. will be consolidated into a North Carolina plant, a company spokesman confirmed, affecting jobs for nearly 40 Holland workers.
"
We didn't need two plants running at under-capacity," said Bobby Bush, spokesman for Hickory Springs Manufacturing Co., which owns Holland Wire Products as a wholly-owned subsidiary. "The decision about our Holland wire plant was not a easy one."
The decision means that 39 hourly and salaried employees have a choice between losing their jobs or re-locating to a plant near Hickory Spring's headquarters in North Carolina. The equipment from the Holland plant at 955 Brooks Ave. will be packed up and moved to ...
