Arch Aluminum & Glass Emerges from Bankruptcy
February 2, 2010
Arch Aluminum & Glass Co Inc. announced that it has emerged
from Chapter 11 bankruptcy protection following the asset purchase
by Arch Glass Acquisition Corp., an affiliate of Sun Capital.
"We are excited to be exiting from the bankruptcy process and
we look forward to the next chapter in the history of Arch,"
says Leon Silverstein, Arch's president and chief executive officer.
"We are extremely grateful to our customers who stood by us
and our vendors who supported us throughout the process. There's
no question this is a challenging economic environment, but Arch
is now stronger to be able to provide the best products, quality
and service to the glass and glazing industry. We feel it is important
that we treat our customers as one of our most important assets.
We know in today's climate our own customers might need that same
help and understanding that we received. Loyalty and relationship
still exist in business today and we are an example of that."
Arch has 1700 employees and 28 locations throughout North America
and its management team has roots in the glass and glazing industry
dating back to 1898.
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