Home > News > Industry News > Arch Aluminum exits bankruptcy

Arch Aluminum exits bankruptcy

Post Time:Nov 12,2013Classify:Industry NewsView:54

Officials at Arch Aluminum & Glass, Tamarac, Fla., announced in a Feb. 1 release that the company has emerged from Chapter 11 bankruptcy protection following the asset purchase by Arch Glass Acquisition Corp., an affiliate of Sun Capital Partners Inc., Boca Raton, Fla.“We are excited to be exiting from the bankruptcy process and we look forward to the next chapter in the history of Arch,” said Leon Silverstein, president and CEO, in the release. “We are extremely grateful to our customers who stood by us and our vendors who supported us throughout the process. There’s no question this is a challenging economic environment, but Arch is now stronger to be able to provide the best products, quality and service to the glass and glazing industry. We feel it is important that we treat our customers as one of our most important assets. We know in today’s climate our own customers might need that same help and understanding that we received. Loyalty and relationship still exist in business today and we are an example of that.”Read a Dec. 1 interview with Silverstein about the bankruptcy filing.

Share this article:

Source: http://www.glassmagazine.com/news-item/commercial/arch-aluminum-exits-bankruptcyAuthor:

Hot News