Vermont Castings (CFM) files for Bankruptcy protection - lays off 100's

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webbie

Seasoned Moderator
Hearth Supporter
Nov 17, 2005
12,165
Western Mass.
Discussion thread was moved to Ash Can for further dicing and slicing.
This thread is being posted as a news link for those who are shopping for stoves or who own CFM products....

"So the people will know".

(broken link removed)

Example article link above.

"CFM, based in Mississauga, Ontario, filed for bankruptcy Wednesday in both Canada and the United States. According to the U.S. bankruptcy filing under Chapter 11, CFM U.S. Corp. has more than 1,000 creditors, more than $100 million in debt and less than $100 million in assets."

PLEASE ADD ONLY FACTS AND NEWS REPORT LINKS TO THIS THREAD.....other discussion will be in the thread moved to the Ash Can. Please start new threads on other related subjects (if desired), such as "Should I buy a VC stove" etc.
 
Here's another article.

(broken link removed to http://www.wcax.com/Global/story.asp?S=8191658)
 
A couple of more. CFM is way beyond being recoverable. They are headed for a fast liquidation.

http://www.financialpost.com/story.html?id=453027

(broken link removed to http://www.kpcnews.com/articles/2008/04/18/greater_fort_wayne/news/doc48088da22db3f943341290.txt)
 
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