Empire Die Casting files for bankruptcy
Oct 17, 2013 | 02:50 PM
| Michael Cowden
CHICAGO Empire Die Casting Co. Inc. has filed for Chapter 11 bankruptcy protection and is seeking court approval to be acquired by a company that would operate it as a going concern.
The Macedonia, Ohio, aluminum and zinc cast parts maker cited production problems as well as high labor and freight costs as reasons for filing the petition, according to documents filed in U.S. Bankruptcy Court in Ohio.
Empire Die Casting, owned 97.7 percent by chairman and chief executive officer Richard Rogel, also blamed its troubles on the "ineffective implementation" of a new enterprise resource planning system, according to court documents.....
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