International Aluminum, window producer, files Chapter 11

International Aluminum Corp., the closely held Monterey Park, Calif., producer of windows, doors, frames and related products for residential and commercial applications, said late on Monday [Jan. 4] that it filed to reorganize under Chapter 11 of U.S. bankruptcy law. The "unprecedented downturn in both residential and commercial construction sectors" has caused "a severe decline in the purchase and use of aluminum and vinyl products," the company said, according to a Jan. 5 Market Watch report.

Read full article