MadModder

The Breakroom => The Water Cooler => Topic started by: PTsideshow on July 06, 2009, 09:44:54 AM

Title: Clarke Power Products (Clarke welders) is in Chapter 11 USA
Post by: PTsideshow on July 06, 2009, 09:44:54 AM

Clarke Power Products USA (Clarke welders) is in Chapter 11 Just tried calling them for a replacement manual. They have a recording on "That during these trying times they no longer will be selling or servicing, or selling parts to their tools at this time. As they go through chapter 11.
Just thought a heads up.

glen

Title: Re: Clarke Power Products (Clarke welders) is in Chapter 11 USA
Post by: Darren on July 06, 2009, 10:03:58 AM

What's chapter 11?

I fear a lot of companies my become history over the next couple of years....maybe China will have it's revenge...

Title: Re: Clarke Power Products (Clarke welders) is in Chapter 11 USA
Post by: PTsideshow on July 06, 2009, 10:12:06 AM

Bankruptcy version 11 they have a number of different ones, depending on what type of entity it is. A person, company etc.  I don't know if it effects the Clarke products international that's what is on the manuals for the stuff sold by machine mart.
glen

Title: Re: Clarke Power Products (Clarke welders) is in Chapter 11 USA
Post by: Darren on July 06, 2009, 10:19:51 AM

Oh, it's that bad then, thanks for the clarification....

Title: Re: Clarke Power Products (Clarke welders) is in Chapter 11 USA
Post by: PTsideshow on July 06, 2009, 12:59:15 PM

Was just up at the local welding supply, they were told that it affects both the international and US?Canada. As the parent company is the one going to bankruptcy but at the end of the message they did say they hope to be back.
glen

Title: Re: Clarke Power Products (Clarke welders) is in Chapter 11 USA
Post by: PTsideshow on July 06, 2009, 06:34:00 PM

Was informed a little while ago that the auction of the plant equipment and line equipment has been called off. AS it looks like somebody has bought the company and it my come back under another name
glen