Bender files Chapter 11 bankruptcy
MOBILE, Ala. - Bender Shipbuilding & Repair Co. is seeking bankruptcy protection under Chapter 11. The move comes after a group of creditors filed an involuntary petition to force the shipyard into bankruptcy. Bender said it intends to continue operating as a full service shipyard, though it will downsize and maintain a workforce of about 300 workers. (Source: Mobile Press-Register, EnergyCurrent, 07/01/09)
Shipbuilding and maritime related news from the Central Gulf Coast region
