Company tied to deadly Houston blast files for bankruptcy
February 7, 2020
HOUSTON (AP) — A company filed for bankruptcy Thursday in the wake of a massive explosion at one of its warehouses in Houston that killed two workers, injured 20 more and damaged hundreds of buildings.
Watson Grinding and Manufacturing said it filed for Chapter 11 bankruptcy in Houston federal court because of what it expects to be "a long-term interruption of business operations" due to the Jan. 24 blast.
Chapter 11 allows the metal fabricating and manufacturing company to reorganize as opposed to liquidating its assets and shutting down permanently.
"Our hearts go out to everyone who...
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