Thomas Equipment said efforts are underway to re-establish manufacturing at its plants in New Brunswick, Canada and South Korea.
“Both operations have skilled personnel who are committed to producing a world-class product under the Thomas Equipment brand name,” said president Charles Matteson. “We have added personnel in both locations and intensive efforts are underway to procure parts and supplies for the production of new equipment. Thomas Equipment is poised to honor and service warranty requests on its equipment in the field. We are replenishing the parts, attachment and other inventories to supply our global dealer network and customers.”
Thomas Equipment’s investors and lenders have continued to provide funds to the company, officials said, and the company anticipates developing a plan for the consideration of creditors in the fourth quarter.