PITTSBURGH Alpha Metal Recycling LLC has filed for Chapter 11 bankruptcy protection, listing three lenders as its largest unsecured creditors.
The Opa Locka, Fla.-based company estimates both assets and liabilities in the range of $100,000 to $500,000, according to documents filed in U.S. Bankruptcy Court in southern Florida and signed by managing member Carlos A. Teran.
Listed among its debts are three lenders owed $299,465.
The company did not respond to a request for comment, but local competitors said Alpha is a busy facility that is competitively priced in the area. Alpha Metal was incorporated in 2005, according to the companys website.