JUMBORAX is an engineering components manufacturing company of finished steel castings and welded parts for mining machinery, cement machinery, construction machinery, forging machinery, hydraulic machinery and other segments.
JUMBORAX is an OEM/ODM service & manufacture plan solution provider, all the products we displayed are samples just helping us to show our production capabilities. All the designs belong to our customers that we can not sell the products to others. If you wish to make your products, please Contact Our Customer Service with your ideas or drawings for further cooperation. Thank you very much.
After filing for bankruptcy in March, Sivyer Steel has been purchased by a group of local investors, who plan to increase production and jobs. The investor group acquired Sivyer, based in ...
Jun 01, 2003· According to the Courier Journal, Kentucky, while Golden Casting plans to resume full operations, the firm also will file for Chapter 11 bankruptcy protection. "Golden Casting will need to reorganize its business operations and plans to accomplish this with a Chapter 11 filing," said Douglas G. Bailey, Golden Casting company chairman.
Things are getting complicated in the bankruptcy of St. Clairsville, Ohio-based Murray Energy Corp., the nation's largest private coal producer.. The Wall Street Journal reports that Murray is "negotiating to resolve lenders' allegations that it breached its $450 million chapter 11 financing package.". From the article: Murray has been cut off from its bankruptcy financing after lenders ...
These Two Major Gyms Just Filed for Bankruptcy Similar to the restaurant industry, beloved gyms are being hit hard by the pandemic. Cyc Fitness, Yogaworks, and other fitness chains have filed for ...
Pacific Steel Casting Company LLC View Filing: Berkeley, CA: 01/25/2019: Chapter 7: $1MM+ $1MM+ 100+ Inter-State Foundry Company Inc. (dba Interstate Castings) Indianapolis, IN: 01/01/2019: Ceased Operations--- Parthenon Metal Works, LLC View Filing: La Vergne, TN: 12/10/2018: Chapter 7--- Southern Steel, LLC View Filing: Portland, TN: 12/07 ...
LTV Steel filed for bankruptcy in 1986 and again at the turn of the millennium because it faced a never-ending pile of lawsuits filed by those who claimed they got sick because of exposure to asbestos and other toxic substances while working at one of LTV’s many steel-making facilities. Prior to LTV Steel’s bankruptcy filing, thousands of ...
Oct 10, 2016· The plant had about 800 employees before May layoffs just prior to a bankruptcy filing by its parent company, Constellation Enterprises. The Parsons Avenue plant made rail-car parts.
The bankruptcy, he said, “allows the company temporary relief from its obligations while searching for sources of new capital.” Yet with the U.S. steel industry wracked by foreign competition and recessionary conditions, looking for new capital was futile. By early 1984, operations at McKeesport Steel Castings had all but ceased.
Oct 11, 2016· She pointed to the recent bankruptcy of Columbus Castings, a Columbus-area steel products company that laid off 800 workers. She tried to make the case that Mr. Trump has been hypocritical about ...
Aug 16, 2016· In 2002, they filed for bankruptcy. After this, the next thirteen years were tumultuous with various new names like, Columbus Steel Castings before settling on Columbus Castings in 2008. It only took 127 years, but they finally settled on a name. So that brings us to this year, where Columbus Castings has been through the ringer.
May 17, 2016· Columbus Castings "will temporarily halt production" as its parent company begins a Chapter 11 bankruptcy reorganization. The South Side steel foundry last month told its …
Finance - Corporate restructuring (including bankruptcy) Global M&A Network: Small Mid Market Turnaround of the Year Award (2016) The M&A Advisor: Consumer Staples Deal of the Year Award (2018) U.S. News - Best Lawyers "Best Law Firms" (2016, 2017) Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law National Tier 1
Sep 17, 2018· Reich Brothers bought Columbus Castings out of bankruptcy in fall of 2016 in a deal valued at $30.3 million. ... Demolition permits filed for Columbus Castings complex.
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Tiger Finance Provides Nu-Steel Trade With $10MM in Growth Capital. Bankrupt retailers face a new hurdle: Getting rid of inventory. A Total of 44 Retailers Have Already Filed for Bankruptcy This Year and Many Others are Expected to Follow. ... WSJ: In a Pandemic, Food, Booze and Guns Retain Value Best ...
Ohio’s Columbus Steel Castings Co., which operated as the country’s largest single site steel foundry until halting operations on May 9, has filed for bankruptcy protection.
Beautifully engraved certificate from the Buckeye Steel Castings Company issued no later than 1935. This historic document was printed by the Columbus Banknote Company and has an ornate border around it. This item is hand signed by the Company’s President and …
U.S. Bankruptcy Courts - Business and Nonbusiness Cases Filed, by Chapter of the Bankruptcy Code, District, and County: F-5A : June 30, 2020: Bankruptcy Filings : Download Table F-5A— Bankruptcy Filings (June 30, 2020) (pdf, 2.01 ) U.S. Bankruptcy Courts - Bankruptcy Cases Filed, Terminated, and Pending: F : June 30, 2020
Ohio's Columbus Steel Castings Co., which operated as the country's largest single site steel foundry until halting operations on May 9, has filed for bankruptcy protection.
Two years later, LTV had run up losses totaling nearly $1 billion, forcing it to file for reorganization under Chapter 11 of the Federal Bankruptcy Code. With increased demand for its products, especially flat-rolled steel supplied to the automotive, appliance, and electrical equipment industries, LTV rebounded.
May 14, 2012· The company eventually filed for bankruptcy in 2001, a period in which the U.S. steel industry was roiled by a flood of cheap steel imports. About 750 workers lost their jobs, and were left ...
Apr 02, 2019· The American Recovery and Reinvestment Act (ARRA) of 2009 was enacted to stimulate the American economy by supporting American jobs. A “Buy American” provision in the Act mandates that “none of the funds … made available by this Act may be used for a … public building or public work unless all of the iron, steel, and manufactured goods used in the project are produced in the United ...
For years, Columbus Castings has been cited for environmental and workplace violations.The steel foundry based in Columbus dates back to the 1880's and is embroiled in federal bankruptcy ...
A view from inside Columbus Castings. (WSYX/WTTE) A historic steel foundry on the city’s south side will be transformed into a mixed use facility, according to the new owner.
Mar 16, 2011· Buffeted by problems including an erratic post-war steel supply, reportedly poor distribution systems, higher prices than existing fabricated homes and resistance from traditional builders, Lustron filed for bankruptcy in 1950, long before most of the 20,000 orders for homes it had taken between 1946 and 1948 could be filled, according to ...
Norman Kinel is a partner in the firm’s Restructuring & Insolvency Practice and the national chair of the firm’s Creditors’ Committee Group. With more than 30 years of experience as a bankruptcy practitioner, Norman has successfully represented and litigated on behalf of clients in some of the nation’s largest and most intricate bankruptcy cases, involving numerous industries.
May 17, 2016· The fate of Columbus Castings, including a potential sale to a new owner, is in the hands of a bankruptcy court, with no timetable for resolution. The South Side foundry's parent company ...
Apr 24, 2020· Steel mills are closing and layoffs mount in the United States steel industry as manufacturers are in their worst crisis in history following the coronavirus pandemic.
Columbus Steel Castings, in south Columbus, Ohio, was formerly known as Buckeye Steel Castings. This steel foundry, which manufactures parts for trains, filed for bankruptcy in 2002, but has been turned around and is rumored to be booming now. Inside the abandoned Chase Foundry in south Columbus.
Buckeye Steel filed for bankruptcy reorganization Dec. 20,2002 along with its parent company, Buckeye Holdings Inc. It has been out of operation since Oct. 15, 2002 after its lenders refused to extend its credit facility. ... was the President of the Buckeye Steel Castings Co. in Columbus, Ohio, makers of railcar parts from 1907 - 1927. His ...