By Paul Snyder Officials at Mazomanie-based Wick Building Systems Inc. have two options after filing for Chapter 11 bankruptcy protection reorganize or sell the company. “I’m surprised,” said Mazomanie Village President Lowell Holcomb. “I’d heard they were closing down a couple of divisions, but this is the first I’ve heard of this. I don’t .
Communisis parent company OSG has filed for Chapter 11 bankruptcy protection in the US and plans to restructure more than $800m (£661m) of debt via a pre-packaged plan.
The cosmetics maker has fallen victim to global supply chain disruptions that pushed up raw material costs and prompted vendors to demand upfront payments.