Industrial Heat Treating files for Chapter 11

Mar 11, 2014 | 04:48 PM | Michael Cowden

Tags  Industrial Heat Treating, Lynne Davis, bankruptcy, Chapter 11, Salem Five Cents Savings Bank, IRS, Massachusetts Dept of Unemployment Assistance, Sprague heat treat

CHICAGO — Industrial Heat Treating Inc. has filed for Chapter 11 bankruptcy protection as it grapples with unpaid loans, tax liens and other costs.

The North Quincy, Mass.-based heat treater listed assets of less than $50,000 and liabilities of between $1 million and $10 million, according to documents filed in U.S. Bankruptcy Court in Massachusetts and signed by company president and director Lynne Davis.....

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