Since the downturn of the economy last year it has been a struggle for construction related businesses. General Crane, operating out of Popano Beach Florida, recently filed for Chapeter 11 Bankruptcy Protection under the name Gulfstreem Crane. General Crane has locations in Texas & Georgia and has been in business for over 35 years. The company declared between $50 million and $100 million in debt and a similar range in assets.
Links to more articles about General Crane’s Bankruptct Protection: