Posted in | News | Ferrous Alloys and Metals | Iron and Steel

Havens Steel File for Chapter 11 Bankruptcy Protection

Mar 19 2004

Havens Steel, a Kansas-based steel manufacturer with an 80 year history have today filed Chapter 11 Bankruptcy Protection.

Havens Steel are a manufacturer and installer of steel support structures.

The application for bankruptcy protection came after their principal lender, Commerce Bank decided not to advance Havens Steel a line of credit that would allow them to continue working on scheduled jobs. The steel company have a backlog of work which will allow them to be profitable, they claim they are just experiencing a cash flow problem.

For more information on steel, click here.

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