Posts Tagged ‘distribtution’

Firm that owes state millions files for bankruptcy

by Associated Press Published: March 11,2013

Tags: bankrupt, bankruptcy, distribtution, economic development, incentive, interest, loan, warehouse

MERIDIAN — A Texas company that Mississippi officials say owes the state $3.5 million has filed for bankruptcy, complicating collection efforts. Handy Hardware, a hardware wholesale cooperative, announced in November it was closing its two-year-old Meridian warehouse. By then, the Houston company had missed an October interest payment to Capital One Financial Corp. and defaulted […] [...]

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