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Coastal Glass Industries to Cease Operations

Post Time:Aug 27,2009Classify:Company NewsView:519

In a letter sent yesterday to customers, Jack Hoey, president of Coastal Glass Distributors in Charleston, S.C., announced that the company is ceasing operations "after efforts to obtain ongoing financing proved unavailing."

According to the letter, Coastal stopped accepting orders at the close of business yesterday and for the next few days will be completing and delivering those orders that have already been received. Final deliveries will be made on Monday, August 31.

"All of us at Coastal Glass are grateful for the confidence and support you have given us over the years," writes Hoey. "It has been our privilege to serve you. We wish you all the success in the future."

At press time Hoey told USGNN.com™ that he had no further comment on the announcement.

Source: usgnnAuthor: shangyi

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