hube2
Veteran Member
I know that this is not on the topic of shop vacs but it is on the topic of banks closing companies. I once worked in a factory, it was a huge wire manufacturer that actually invented many of the wire products used today. They got in trouble and it looked like they would close, most of the trouble was due to foreign trade (NAFTA). At any rate, we turned it around and the company was climbing steadily out of the hole and started turning a profit again. However, the banks had a different story. One bank was taking over another bank. The bank that was doing the takeover would not complete the deal if the company I worked for was still open and owed the bank any money. They did not want to take over the risk. End of story, company was shut down and liquidated.