NGA Role • NGA was appointed receiver over two golf courses, a closed manufacturing operation and associated real estate including a residential property on the manufacturing premises. Problem • Need to liquidate the manufacturing operation. • Sell off the manufacturing and residential real estate. • Operate the Batavia golf course…
Radiator Manufacturing and Wholesale Distribution Company (Northern KY)
NGA Role • NGA was engaged to lead management in determining the viability of this manufacturer of off-road, military and heavy-duty truck radiators Problem • This manufacturer was experiencing a number of changes in its marketplace that were causing significant financial distress. These included a decline in demand for its…
Screw Machine Products Company (Mason, Ohio)
NGA Role • NGA was retained to lead management in determining the viability of this entity. Problem • This once proud company had seen many of its customers begin to source their requirements in other countries with resulting loss of revenues. The company also suffered from aged equipment that while…
Amco Products, Inc. and NLR Properties, LLC (Dayton, Ohio)
NGA Role • NGA was appointed receiver in Hamilton County Common Pleas Court to operate and recommend to the court the whether the facility would be closed, sold as a going-concern or some alternative outcome. • Maximize recovery of asset value for all creditors. Problem • Amco Products saw many…
Screw Machine Products Company (Amelia, Ohio)
NGA Role • NGA was retained at the recommendation of the secured lender to provide turnaround consulting, management coaching and refinancing guidance. Problem • Third-generation managed company had fallen on hard times due to loss of major customers, lack of cash to purchase raw materials, lack of credit with vendors…
Screw Machine Products Company (Amelia, Ohio)
NGA Role • NGA was retained at the recommendation of the secured lender to provide turnaround consulting, management coaching and refinancing guidance. Problem • Third-generation managed company had fallen on hard times due to loss of major customers, lack of cash to purchase raw materials, lack of credit with vendors…
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