Waterville Window Co. Inc., in Winslow, Maine, filed for chapter 7 bankruptcy after 61 years in business, citing liabilities of $813,870 to about 30 creditors, including a couple of PVC extruders, PlasticsNews.com reported. The window fabricator will cease operations and liquidate assets of $54,500 — a truck, van and office equipment — to pay down debt owed to four creditors, two of which are banks. Secured claims total $389,000. Window profile extruder Veka Inc. of Fombell, Penn., has the largest unsecured claim of $111,000 after essentially repossessing $1,780 of product in February, according to the July 14 court filing.
