Houston-based manufacturer files for Chapter 11 bankruptcy

Houston-based manufacturer AFGlobal Corp., formerly known as Ameriforge Group Inc., and several of its subsidiaries filed for Chapter 11 bankruptcy protection on April 30.

The company already has entered into a restructuring support agreement with support from the majority of its senior lenders, and the restructuring process is expected to only take about 45 days, according to a May 1 press release.

The court granted the companies’ motion to jointly administer the cases for all 20 entities. All…

Houston-based manufacturer files for Chapter 11 bankruptcy syndicated post

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