Friday , June 18 2021

Avadim, once poised for expansion in Black Mountain, files for Chapter 11 bankruptcy – Citizen Times

CLOSEAvadim Health, based in Asheville, has filed for Chapter 11 bankruptcy. (Photo: Provided)Avadim Health Inc., the Asheville skin care products company that in 2016 announced ambitious plans to build a $20.4 million facility and hire 551 workers in Black Mountain, has filed for Chapter 11 bankruptcy.The company also has agreed to sell "substantially all of its assets," according to a company news release. But Avadim is not going out of business, filing documents state."These developments...

 

Read the full article here


CHASE SAPPHIRE PREFERRED® 60,000 BONUS POINTS After you spend $4,000 on purchases in the first 3 months from account opening*Same page link to Offer Details — that's $750 toward travel when you redeem through Chase Ultimate Rewards®

  Of Interest

-- END RSP MOD -->