Mohr Handles Sumitok Liquidation
December 4, 2000
Sumitok Magnetics Inc., a unit of Sumitomo, is closing its entire hard ferrite manufacturing facility in Bardstown, Ky. No other Sumitomo ferrite manufacturing facilities are involved with this closure and liquidation, which is being handled under contract with Mohr Corp. The closing involves the immediate discontinuation of all manufacturing at this facility and liquidation of all assets on site, including machinery and equipment, furniture and fixtures, and real estate. The facility is approximately 40,000 square feet and was established approximately 12 years ago.
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