Share this article TACOMA, Wash., Jan. 29, 2021 /PRNewswire/ -- On January 29, 2021, Northwest Hardwoods, Inc. and certain of its affiliates (collectively, "NWH" or the "Company") announced that it had completed its financial restructuring process and emerged from Chapter 11. Through restructuring, NWH has substantially reduced its long-term debt obligations by nearly $270m and significantly reduced its debt service obligations. Consequently, the Company holds a strong position to re-invest in long-term growth and continue to provide industry-leading quality and service to its customers. During the restructuring process, the Company's operations continued without interruption. Employees, suppliers, vendors, contract counterparties and other trade creditors were paid in full and in the ordinary course of business or were otherwise unimpaired.