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Post by Garf on Jan 10, 2018 23:17:15 GMT -7
I just saw an article that said that Hobbico has filed for bankruptcy. If true, this could be the end of aeromodeling as we know it. Not good.
CHAMPAIGN — Hobbico filed for bankruptcy protection Wednesday, which could result in 332 layoffs at its Champaign facility. ... In its filing with the United States Bankruptcy Court in Delaware, Hobbico said it has an estimated 200 to 999 creditors, $10 to $50 million in assets, and $100 to $500 million in liabilities.
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Post by jehold66203 on Jan 13, 2018 9:43:12 GMT -7
I haven't bought much from them. Just hope our CL people keep their head above water.
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