Myers Forest Products Files for Bankruptcy
Posted on May 13, 2011 3:15pm PDT
Myers Forest Products has reportedly decided to file for bankruptcy. The company filed Chapter 11 bankruptcy which will allow them to reorganize or liquidate. At this time, it is unknown what the company plans to do. In the bankruptcy filing, the company reportedly listed assets at less than $50,000 and debts at more than $500,000. The company will reportedly keep operating and paying employees at this time.
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