Posts Tagged ‘ Sturtz machinery ’

Stürtz Maschinenbau GmbH files Declaration of Insolvency; Business as Usual at Sturtz Machinery in U.S.

Jan 9th, 2013

Stürtz Maschinenbau filed a Declaration of Insolvency with the German courts in December, due to “sharp drop-offs in worldwide business, order cancellations and the generally poor climate in the fenestration machinery industry.” Officials state, however, that day-to-day operations continue as usual, adding that “this move was made to provide temporary protection of the company’s cash […]