Continuously serving Kosciusko County since 1854
NEENAH, Wis. - Neenah Foundry Co., parent company of Warsaw-based Dalton Group, announced Oct. 8 that it has completed its refinancing and satisfied the conditions necessary for its plan of reorgnization to become effective. The company's plan was overwhelmingly supported by the company's existing lenders and noteholders and was confirmed by the bankruptcy court at a hearing Sept. 25.
William Barrett, chief executive officer of Neenah, said, "We appreciate all of the support we have received throughout this process from our lenders, noteholders, customers, suppliers and employees. With everyone's help, we were able to complete a successful debt reduction and refinancing in a timely manner with minimal impact on our business. With this process behind us now, we are very much looking forward to capitalizing on the various market opportunities available to our company."
