Faced with nearly $180 million in debt, Amtrol, Warwick, R.I., filed for Chapter 11 protection last December. “For several years, Amtrol has been constrained by its highly leveraged capital structure,” said Larry T. Guillemette, company chairman, president and chief executive officer, in a prepared news release on Dec. 18. “Quite simply, we have too much debt.”
“For several years, Amtrol has been constrained by its highly leveraged capital structure,” said Larry T. Guillemette, company chairman, president and chief executive officer, in a prepared news release on Dec. 18. “Quite simply, we have too much debt.”