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Case Study: Rolled Form Shapes Manufacturer
Company: $30 Million rolled formed shapes and tube
extruder with four manufacturing facilities in four states.
Situation/ Tasks Performed: TRG was engaged by the
debtor to provide hands on oversight and guidance of the wind-down and sale
of Dynamic Metal Forming, Inc. TRG’s Wind-down and Liquidation Practice
stabilized operations and fulfilled orders to core customers. Breakeven
cash flow was achieved which allowed TRG to market the business.
Results: Targeted marketing resulted in the ultimate
sale of three of the four plants to strategic buyers. These transactions,
which were completed out-of-court, resulted in the preservation of 175 jobs
and yielded value well beyond straight liquidation.
Nature of Assignment:
Primary: Wind-down
and Liquidation
Industry: Manufacturing
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