Saturday, September 6, 2003

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Bankruptcy filing shuts off US Flow

The Grand Rapids, Mich.-based owner of a Camp Washington industrial supply firm shut down operations this week following a bankruptcy filing last month.

US Flow Corp.'s headquarters ceased all operations Thursday without explanation, and company officials didn't return calls.

In a recorded message, chief operating officer Rick Waters said the company could reopen as soon as Monday if its plan passes muster with the bankruptcy court, banks and creditors.

The Michigan firm owns Mutual Manufacturing & Supply Co. on Spring Grove Avenue in Camp Washington. Mutual employs 150 in Cincinnati, according to a 2002-03 Greater Cincinnati Chamber of Commerce guide.

It's uncertain how the bankruptcy filing will affect Mutual, founded in 1922 and acquired by US Flow in 1999.

US Flow has negotiated a plan to sell Mutual and another unit, Plotkin Brothers Supply Inc. of Pittsburgh, to their original owners, The Grand Rapids Press reported last week.

However, a competing firm and a group of creditors opposed the sale in bankruptcy court.

Ken Alltucker



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