Zinc producer to continue business in NC after exiting Chapter 11
Posted on Tuesday, October 4th, 2016 at 10:56 pm
A zinc producer who filed for Chapter 11 Bankruptcy in Delaware earlier this year proudly said that they will continue their operations in their North Carolina facilities after they have completed the process, an article from the Pittsburgh Business Times reported on October 3.
Reports said that on September 9, Horsehead Holding Corp. was allowed to emerge from bankruptcy under the instruction of a court. The zinc production company reportedly filed for bankruptcy in February amidst plans to operate their more advanced facilities in North Carolina and Mooresboro. As a part of the bankruptcy, the company’s business form changed from a corporation to Limited Liability Company (LLC) as it has a new owner. Horsehead CEO Jim Hensler stated that they could now focus their plans on improving their operation as they have been supported by bankruptcy.
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