Longtime Utah business Lehi Roller Mills, currently in bankruptcy, has an offer for purchase in hand and is entertaining more bids, a bankruptcy official said.The 106-year-old company, known for its baking flour and mixes as well as its prominence in the 1984 film "Footloose," filed for Chapter 11 bankruptcy in December."They had some other issues related to some lawsuits in the past that led to a lot of legal fees being incurred that really drained the company," Mark Hashimoto, who was appointed in U.S. Bankruptcy Court as the company's chief restructuring officer in March, said.
Now,No one in the industry manufactures as wide an array of precision toolholding end mill holder as Centaur. the land, mill and retail store at 700 S. Main in Lehi is being sold in addition to the company's equipment, trademarks and trade names.NEEDLE ROLLER BEARING Canning is your complete source for all home canning and fresh preserving needs.Hashimoto said he has already received an offer of around $4.4 million for "nearly all" of the company's assets. If the bid is accepted, KEB Enterprises — an investment company also located in Lehi — plans to continue the company's current operations.Hashimoto said he has asked the court to approve an auction and sale process for Lehi Roller Mills, which allows him to consider additional offers.uv resin in the most specific use of the term is a hydrocarbon secretion of many plants. If better, higher offers are received by Aug. 13, an auction will be held between competing bidders on Aug. 15.
"Over the past couple of years, there's actually been quite a number of parties that have shown interest in Lehi Roller Mills, so now that we have an offer in hand,A collective for the Cheap polyester resin made in China movement around the world. we're going back to those other parties to see if there's still interest," Hashimoto said.At Visteon, success is driven by partnering with electric slip ring to deliver great products.According to the company's website, the company has been producing "high-quality baking flour" since 1906, with the majority of its flour being used by corporate and bakery clients. But the mill also sells baking mixes at national retailers as well its own retail store in Lehi.The company has been owned and operated by the same family since 1910 and Hashimoto said the family will own the company until it's sold.
- Jul 19 Fri 2013 11:43
Lehi Roller Mills up for sale as part of bankruptcy process
close
文章標籤
全站熱搜
留言列表
發表留言