e company did business,” Szekelyi concluded.
Earlier this month, Denman employees were sent home from work and told not to return until further notice. A subsequent meeting with USW members revealed that the Denman’s bank had refused to extend any more credit to the tiremaker.
In March 2009, Denman owner Sandy Pensler said Denman would close its doors unless it received $3 million in government bailout money to purchased new equipment. That came on the heels of Denman laying off some 85 workers in early 2009; another round of layoffs came in late 2009.