American Architectural Inc. files for Chapter 11

Glass Magazine
June 25, 2012
COMMERCIAL, FABRICATION : BUSINESS

American Architectural Inc. of Bensalem, Pa., filed for voluntary Chapter 11 bankruptcy, June 15, in the United States Bankruptcy Court Eastern District of Pennsylvania. 

The contract glazier employs a staff ranging from 110 to 200+ employees, depending upon project sizes, according to its website. Court documents list its assets at between $10 million and $50 million, with estimated liabilities in the same range. The company estimates that funds will be available for distribution to unsecured creditors, according to the documents.