PMC Services LLC filed for chapter 7 bankruptcy with $3,063 in assets and a little over $1.53 million in debt, the Houston Business Journal reported yesterday. The company provided oil field housing for workers on site, according to its website. The filing shows the company’s revenue has been in sharp decline through the downturn, starting at $923,784 in 2014, then falling to $515,822 in 2015 before finally plunging to $63,298 in 2016. Read more.
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