Mechanical Pipe & Supply files Ch. 11

Nov 02, 2012 | 01:58 PM |

Tags  Mechanical Pipe & Supply, bankruptcy, Philip Cannady, Texas Pipe & Supply, Merfish Supply, Southwest Stainless, Global Stainless Supply, Howell Metals

CHICAGO — Mechanical Pipe & Supply LP has filed for Chapter 11 bankruptcy protection, listing metals and pipe suppliers among its biggest unsecured creditors.

The Nashville, Tenn.-based company estimated its assets at between $500,000 and $1 million and its liabilities at between $1 million and $10 million,....





Latest Pricing Trends

Poll

What is causing the most weakness to the U.S. metals industry?

Imports
Stagnant non-residential construction demand
Sequestration and government cuts
Global uncertainty, particularly in Europe
Too many suppliers chasing too few orders


View previous results

AMM Events