Bankruptcy Court Approves Republic Plant Sale
Bankruptcy Court Approves Republic Plant Sale
John Wolz
The U.S. Bankruptcy Court approved the sale of the idled
Republic Technologies cold finish plant in Beaver Falls, PA, to
an investor group led by Mark Breedlove.
A relaunch team has been formed to reopen the plant this summer with 40
employees after the sale to BVV Acquisition LLC is completed by
June 30.
“The plant will concentrate on engineered specialty products, such as
cold drawn alloy and aircraft alloy rectangles and square bars; standard
shapes in carbon adn alloy grades that require special applications such
as surface finish, tolerances, or special edges; and cold drawn special
shapes,” Breedlove said.
Breedlove credited state and local government and the United
Steelworkers of America as major contributors to putting the idled plant
back to work.
For information about the new plant contact Frank Cremeens at 800
777-1533 or fax prints to 724 774-4069. �2003 FastenerNews.com
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