Irving reorganisation plans get the green light
The immediate threat of three hundred job losses at Irving Tanning Co. in Hartland, Maine, has been lifted following approval of the company’s reorganisation plans by the US bankruptcy court in the District of Maine.
The court's decision paves the way for the company to emerge from Chapter 11 proceedings, initiated last year. (For previous leatherbiz.com stories on Irving Tanning, go to search facility, news page)