Business, Real Estate

Creditors turn up the heat on Ply-Mart

From the Atlanta Journal Constitution:

Three Ply-Mart creditors have filed a petition in U.S. Bankruptcy Court in Atlanta that could force the 40-year-old Norcross-based wood supply company into bankruptcy. The company is already in receivership and is trying to keep two of its divisions alive by selling them. The company has cited the decline in the housing industry for its problems. The three companies —- PrimeSource Building Products, Dixie Plywood Company of Atlanta and J.B. Hunt Transport Inc., filed the petition for involuntary bankruptcy —- saying they have unpaid invoices totaling $1.19 million. The petition was filed Tuesday.

No business involved in the housing industry is safe.

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