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Battery Maker EnerDel Files for Chapter 7

Submitted by jhartgen@abi.org on

Less than a month after laying off all of its workers, Anderson-based battery manufacturer EnerDel Inc. is declaring bankruptcy, the Indianapolis Business Journal reported. The company filed for chapter 7 bankruptcy July 13 in U.S. Bankruptcy Court for the Southern District Court of Indiana, claiming nearly $14 million in assets and $47 million in liabilities, according to the bankruptcy petition. The move was not unexpected. In June, the company fired its workforce without warning, former employees of the company told IBJ. It’s unclear how many workers were affected by the shutdown, but the company reported having 60 employees last year when it was acquired by Paul Herbert, a longtime board member at the company.