Odom Industries heading for auction

Jul 25, 2014 | 06:55 PM | Michael Cowden

Tags  Odom Industries, Chapter 11, bankruptcy, Tim Odom, Hason USA, fabrication, Tyron Trucking, Metro Industrial Contracting DMC Clad Metal

CHICAGO — Metal fabricator Odom Industries Inc. has filed for Chapter 11 bankruptcy protection as it looks to restructure ahead of an Aug. 21 auction.

Stalking-horse bidder Hason USA Corp. has offered to purchase Odom’s assets for $2 million and to retain Tim Odom, owner of the Milford, Ohio-based company, as chief of operations, according to documents filed in U.S. Bankruptcy Court in Ohio.....

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