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Trilla-Nesco to acquire Nesco assets

Published on 2003-05-16. Author : SpecialChem

 

Nesco Container Corp., of Fenton, Mo. and Trilla-Nesco Corp. (a wholly owned subsidiary of Trilla Steel Drum Corp., of Chicago, and Nesco Container Corp.), have recently announced an agreement in which Nesco will transfer its assets to Trilla-Nesco in lieu of a foreclosure.

Following the transfer, Trilla-Nesco will operate a new business not connected to or affiliated with Nesco. However, the company said it will continue to manufacture 55-gallon steel drums at the Fenton facility formerly operated by Nesco Container.


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