Schwing files for bankruptcy
Nearly two years after the bottom fell out of the construction market, Brian Hazelton still can’t get used to the eerie silence that envelops him each time he walks onto the factory floor of Schwing America Inc. in White Bear Township. The chief executive of the construction-equipment maker remembers when the steady pounding of air wrenches and power tools made it virtually impossible to hear inside Schwing’s giant factory, where welders and mechanics transform beams of steel into 100,000-pound pumps capable of shooting mixed concrete 200 feet into the air. Today, the most conspicuous sound at Schwing — the largest producer of concrete-mixing equipment in North America — is the buzz of…
 |
 |
