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

Advertisements
Categories: General Business News
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: