Plummet In Sales Forces Milacron Into Ch. 11
Ohio-based Milacron said an increasing lack of liquidity pushed it to file a Chapter 11 petition in the U.S. Bankruptcy Court for the Southern District of Ohio on Tuesday, as well as a similar proceeding in Canada.
The moves will allow the company to continue operations as normal while restructuring, Milacron said.
The bankruptcy filings include only...
To view the full article, register now.