Isaacson Steel bankruptcy sends shivers through Berlin

Sanders, Bob
July 2011
New Hampshire Business Review;7/15/2011, Vol. 33 Issue 14, p1
The article reports on the skepticism of the employees on the move of Isaacson Structural Steel Inc. to file for bankruptcy protection in Berlin, New Hampshire. It states that company owed 12.3 million dollar that cannot be paid without enough write-offs from creditors. It also mentions the other factors that made it hard for the company to cover up its losses, sending fears to its employees and the area with the highest unemployment rate in the state.


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