PPRuNe Forums - View Single Post - Evergreen Closing Down??
View Single Post
Old 9th Nov 2013, 08:56
  #4 (permalink)  
G&T ice n slice
 
Join Date: Oct 2007
Location: Cumbria
Posts: 170
Likes: 0
Received 0 Likes on 0 Posts
Evergreen Press Release

and to save you going through here's the text:

As has been previously reported in the press, Evergreen's business has been adversely impacted over the past several years by decreased demand in military spending and weakness in global economic markets. Management has moved to aggressively address these challenges, including through the divestiture of businesses and assets and the significant reduction of secured debt. Evergreen is in discussions with its significant constituencies and is exploring available strategic alternatives with those constituencies. While Evergreen generally does not comment on market rumor or conjecture, rumors that a decision has been made to cease operations at this time are false. Evergreen remains committed to continuing to address the current business environment with its customers.
G&T ice n slice is offline