CHICAGO Indiana Steel
& Tube Inc. has accused Merchants Moving & Storage Inc.
of failing to pay for more than $300,000 in products.
Brownstown, Ind.-based Indiana
Steel & Tube said it supplied Yoakum, Texas-based Merchants
Moving, which does business as Ranger Gate Co., at least
$301,085 in products going back at least as far as July 2011,
according to a complaint filed in U.S. District Court in
Indiana Steel & Tube alleges
that Merchants Moving had "refused" to pay "despite numerous
demands for payment." The company is seeking the amount it says
it is owed, plus interest, legal costs, court fees and other
Ranger Gate makes ranch gates,
livestock pens, trailer products, water tanks and other
products largely related to agriculture, according to its
David Jahn, the president of
Merchants Moving, told AMM he was not aware of the
case but said that allegations that his company might not have
paid Indiana Steel & Tube were "false in every aspect."
"We dont owe them
anything. We dont owe them a penny," he said. "We are a
reputable company. We have been in business for over 60 years,
and we wouldnt be around if we went around owing people
Indiana Steel & Tubes complaint comes as the
company looks for a potential buyer or outside investor after
filing for Chapter 11 bankruptcy protection in July (
amm.com, Aug. 14). Steel distributors are listed
as the companys biggest unsecured creditors, according to
the bankruptcy filing.