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Volant Sports Company

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August 29, 2001 | From Associated Press
Volant Sports, one of only two companies still making skis in the United States, shut its manufacturing plant in Wheat Ridge, Colo., and laid off 95 workers after failing to raise enough cash to keep operating. The 12-year-old company said it is talking with two possible buyers, but declined to identify them. A spokesman said the company has no plans to reorganize or file for bankruptcy protection. The company blamed its problems on high manufacturing costs and low cash flow.
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BUSINESS
August 29, 2001 | From Associated Press
Volant Sports, one of only two companies still making skis in the United States, shut its manufacturing plant in Wheat Ridge, Colo., and laid off 95 workers after failing to raise enough cash to keep operating. The 12-year-old company said it is talking with two possible buyers, but declined to identify them. A spokesman said the company has no plans to reorganize or file for bankruptcy protection. The company blamed its problems on high manufacturing costs and low cash flow.
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