Fanotech facing financial woes

Fanotech facing financial woes

There are 2 comments on the CottageCountryNow.ca story from Nov 2, 2011, titled Fanotech facing financial woes. In it, CottageCountryNow.ca reports that:

Fanotech Enviro Inc. of Bracebridge is seeking to restructure and emerge "stronger than it ever was," according to the company president.

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albert

North York, Canada

#1 Nov 4, 2011
Fanotech has been introuble for months,paycheques have bounced ,suppliers have been left in the learch but management has their money.,Too bad for employees and some suppliers who will loose the most.Bad deals like the one with emterra and other companies have ruined the company.
industry guru

Waterloo, Canada

#2 Nov 19, 2011
albert wrote:
Fanotech has been introuble for months,paycheques have bounced ,suppliers have been left in the learch but management has their money.,Too bad for employees and some suppliers who will loose the most.Bad deals like the one with emterra and other companies have ruined the company.
Months? Years!!!Emtera is only one of the problems. they have always been very late on deliveries. Any decent company cannot sustain late delivery of equipment , especially when starting a new contract...ask Miller Waste!

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