Wednesday, April 21, 2010

Bender auction scheduled

MOBILE, Ala. - Millions of pounds of steel, copper and other scrap metal, along with cranes, barges and equipment from Bender Shipbuilding & Repair Co. will be auctioned in mid-May in downtown Mobile. Bender had been a fixture of the Mobile riverfront for more than 90 years before it declared bankruptcy in June. In January Signal International LLC bought Bender's Mobile shipyard for $31.25 million in a special auction for companies in Chapter 11. (Source: Mobile Press Register, 04/21/10)