Home > General Business News > Hamburg Industries Shuts Down

Hamburg Industries Shuts Down

The assets of Hamburg Industries Inc., manufacturer of brooms, brushes and mops, have been purchased by Nexstep Commercial Products, Springfield, Ohio, for an undisclosed price, and its 16 workers have been laid off.

Hamburg Industries President and Chief Executive Officer Richard E. Stiller said Thursday that his impending retirement, the inability to sell the company as a whole and foreign competition forced him to sell off the assets.

via Reading Eagle – Hamburg Industries Inc. shuts down

Categories: General Business News
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