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Wednesday, April 24, 2024 | Back issues
Courthouse News Service Courthouse News Service

Major Promo Firm Files Chapter 11

WILMINGTON, Del. (CN) - Norwood Promotional Products filed for bankruptcy, declaring $295 million in debts. Norwood, which makes promotional products such as coffee cups, key chains and calendars with corporate logos and ads, said the recession and credit crisis kept it from being able to refinance its debts.

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