For education and discussion only. Not for commercial use. Illinois-based toy maker Hedstrom Corp. has discontinued operations, shutting down six plants — including a rotational molding operation in Ashland, Ohio, and a swing-set factory in Bedford, Pa., that does blow molding. Hedstrom said it could file for Chapter 11 bankruptcy for the second time in four years. Meanwhile, local managers at the Ashland plant are interested in buying the rotomolding operation, said Martin Irvine, Ashland economic development director. “They´ve been in discussions with several different investment groups. Over the last week or so they have made offers to buy the...
