Publié ici-même au début novembre...

Pas vraiment surprenant ce qu'on peut lire sur Aleris, ce matin... À vrai dire, a-t-il eu vraiment l'intention de relancer l'entreprise ou il a simplement raconté fleurette au syndic?

mardi 3 novembre 2009

Le nouvel acheteur d'Aleris en difficulté
Tiens donc! Vous l'aurez su ici en premier! (L'article du Manitowoc Herald Times date du 22 oct. dernier)

Koenig & Vits out of businessAssets to be sold by court-appointed receiver

MANITOWOC — Tim Martinez no longer has control of Koenig & Vits, and the assets of the business are for sale."I better lay low on this one," Martinez said Tuesday morning, declining to comment on Manitowoc County Circuit Court Judge Darryl Deets appointing a receiver to sell the aluminum rolling mill and 100 acres on Mirro Drive.Documents filed with the court claim Martinez owes millions to various creditors including $6.7 million to Community Bank & Trust in Sheboygan from various loans. Martinez had purchased the former Mirro cookware plant for $4.5 million in December 2003. Citing a sluggish economy, Martinez idled the plant and laid off 86 employees in May.In late August, Martinez said he intended to re-open if he could attract about $10 million in capital investment.At that point, about 10 vendors had filed suits in the past year against Koenig & Vits seeking nearly $900,000 in damages for services rendered but not paid for or metal that had gone missing.In September, Centria Inc. won a $253,691 judgment against Koenig & Vits. Manitowoc Public Utilities shut off the plant's power in May and it has been seeking $283,000 from the company and $90,000 from Martinez, personally. Community Bank & Trust sought the receivership and, in an October filing, stated Koenig and Vits "is not operating as a business … the value of assets may be less than amounts owed to creditors."Manitowoc attorney Pat Dewane, representing Martinez, opposed having Koenig & Vits go into receivership claiming the bank interfered with the mill's "stream of income and its dealings with Tramontina."Based in Texas, Tramontina has been renting 192,000 square feet at the Mirro Drive manufacturing complex for $720,000 per year on a 10-year lease that began in 2006.But the cookware manufacturer is among the companies that have sued Koenig & Vits, alleging it failed to return more than 200,000 pounds of metal Martinez' company had received for processing.In an affidavit filed Oct. 7, Martinez said while the mill was idle, "its real estate operations including seeking future tenants" continued.He said his own 2006 appraisal showed a $22 million value for his manufacturing plant and real estate.However, a Community Bank & Trust filing declared Koenig & Vits "is in imminent danger of insolvency … it is imperative a receiver be appointed to protect Koenig & Vits assets, market and sell assets, pay creditors …" On Oct. 8 Michael Polsky was appointed by Deets to serve as receiver. Last year, the Milwaukee attorney helped arrange the sale of Invincible Office Furniture in Manitowoc and it has continued to stay in operation.A review of property tax records Tuesday indicates Koenig & Vits owes nearly $40,000 on the plant property.

Traduction: Croulant sous les dettes, un tribunal du Wisconsin enlève le contrôle de l'entreprise des mains de Tim Martinez (acheteur d'Aleris) et ordonne la vente des actifs de l'entreprise.