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Sean Norris
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"June 13, Friday the 13th, not a very good day for us," said George Cherry, a cutter who worked for the company for 29 years. He said when management told the employees what was happening, they explained it this way, "The banks and everything took all our money, and we have no way to pay you guys."
One of the owners, Greg Nelson, said the company defaulted on a loan to Enterprise Bank, which was secured by accounts receivables, inventory and the building at 13700 Wyandotte in Kansas City, Mo. While trying to work through the default, Nelson said the bank pulled the plug.
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Sean Norris
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Sean Norris is editor-in-chief for Promo Marketing. Reach him at snorris@napco.com.
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