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To: Willie Green
Hedstrom discontinued operations Oct. 6 and laid off more than 800 employees. Workers in Ashland had no warning.

This is standard procedure in a chapter 11 bankruptcy filing. No one can know until the day of the filing. Not your bank, not your creditors, and not the employees. That is just the way it has to work.

If this company is manufacturing toys in the U.S., of course the problem is a very strong toy manufacturing industry in China.

5 posted on 10/12/2004 11:36:02 AM PDT by BJungNan (Stop Spam - Do NOT buy from junk email.)
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To: BJungNan

It's Bush's fault...


6 posted on 10/12/2004 11:36:45 AM PDT by Area51 (Diapers and Politicians need to be changed-For the same reason)
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