Recognizing the dynamics of the CRT industry, we must be proactive in managing our asset base and capital structure. We have to bring ourselves into a better position to continue to supply our customers with the most competitive products. |
Unfortunately, market conditions and our financial situation have made this very difficult decision unavoidable. |
We deeply regret this outcome and the painful impact these filings will have on our valued employees and the communities that have supported us over the years. |