Wednesday, Sep 28, 2016
One of America's Great Newspapers ~ Toledo, Ohio

Local

Triad Construction files for bankruptcy

Triad Construction Services, Inc., of Swanton, yesterday filed for liquidation in U.S. Bankruptcy Court in Toledo. It estimated assets at $510,000 and debts at $1.6 million, but details were not provided.

The company, which worked on the Grand Aire Express construction at Toledo Express Airport several years ago, might be able to repay creditors 30 cents of each $1 it owes, said Donna Weaver, attorney for company president Doyle Drennan.

"When the next big job didn't come in, there wasn't any money to pay suppliers," she said.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…