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Cold Metal Products Secures Financing Approval

Cold Metal Products Secures Financing Approval

Friday, September 27, 2002
 
U.S. Bankruptcy Court has approved up to $48 million in debtor-in-possession financing to enable Cold Metal Products, Pittsburgh, PA, to reorganize under Chapter 11 of the U.S. Bankruptcy Code. The firm, an intermediate strip-steel processor, will be able to continue its existing wage and benefit programs for active employees.

 

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