White on the rocks
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WHITE Truck Concessionair seem unperturbed at repoi from the United States whe White Motor has entered Chs ter 11 bankruptcy proceedins, A company can continue operate its business while ma agement and creditors disco the problems before the cour but if these talks fail, full-sca liquidation proceedings m then follow.
White Truck Concessionair are currently setting up a factc at Bromborough near Ellesme Port which will be fully opei bonal by the end of the yea
The Chapter 11 proceedin will not affect the operation this country says managii director, Stuart Oates. He se the moves being made America as an insurance poll against possible difficulties the future.
The company is "self-sul dent" according to Mr Oat who is looking forward to seeii the first lorries rolling off t production line at Bromborou! by the end of January. The COI pany has already received first right-hand drive prototy. and, in the light of the curre recession, is thinking of initia adopting a "build to orcie policy.
About 50 staff are anticipati for Bromborough in the ea' stages of production.