Model Rockets

Hobbico fka Estes-Cox, maker of model rockets and radio-controlled toys, filed for Chapter 11 bankruptcy, declaring $10 million to $50 million in assets and $100 million to $500 million in debts.

WILMINGTON, Del. — Hobbico fka Estes-Cox, maker of model rockets and radio-controlled toys, filed for Chapter 11 bankruptcy, declaring $10 million to $50 million in assets and $100 million to $500 million in debts.