W&K Steel Files for Bankruptcy
Posted on Jun 16, 2011 9:20pm PDT
W&K Steel has reportedly filed for bankruptcy. According to reports, the company has listed debts between $1 million and $10 million while assets are at less than $1 million. The company did reportedly shut down, but some of the workers will be returning to work soon. A bank has reportedly been seeking foreclosure in order to have the company sold.
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