L.D. Brinkman Corp. files for Chapter 11 reorganization; new business model streamlines operations
Multi-state distributor L.D. Brinkman Corp., Lewisville, Texas, has filed (April 29) for Chapter 11 reorganization, according to Jeff Sills, L.D. Brinkman Corp. president.
The filing, according to Sills, was because the company was not generating the necessary sales since being purchased from Beaulieu of America by management in July 2002. The situation was also compounded by the recent war in Iraq.