Posts Tagged ‘ Stürtz Maschinenbau GmbH ’

Stürtz Maschinenbau Emerges from Insolvency

Mar 7th, 2013

Effective March 1, 2013, Willi Stürtz Maschinenbau GmbH was acquired by a private investment firm and will now operate under the name Stürtz Maschinenbau GmbH (Stürtz.) The company had filed preliminary insolvency proceedings in December of 2012. The purchase of the company by a family-owned investment firm includes all physical and intellectual property at the […]

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 […]