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Trainor files motion to sell Southern assets to Harmon

Post Time:May 21,2012Classify:Industry NewsView:121

Trainor Glass filed a motion in the U.S. Bankruptcy Court for the Northern District of Illinois Eastern Division, May 15, requesting approval and authorization of a sale of substantially all of its assets in Florida, North Carolina, Virginia and Texas to Harmon Inc., according to court documents. The sale hearing is set for May 29, and the objection deadline is May 24.

Court documents state that Trainor Glass and Harmon have entered into an Asset Purchase Agreement for the sale and purchase of substantially all of Trainor's machinery, equipment, tools and supplies located and used in connection with its former operations in Farmers Branch, Texas; Chester, Va.; Riviera Beach, Fla.; and Pineville, N.C.

Judge Carol A. Doyle, who is presiding over Trainor's Chapter 11 bankruptcy case, approved the sale of certain Trainor assets in Round Rock, Texas, to Harmon, in April.

For more Trainor news coverage, click here.

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Source: http://www.glassmagazine.com/news-item/commercial/trainor-files-motion-sell-southern-assets-harmon-129668Author:

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