Avcorp Widens Working Capital Deficit, Credit Line

Avcorp counts more than 700 skilled employees and 636,000 sq. ft. of facilities.
Credit: Avcorp / Twitter
Avcorp returned to its financial sponsor in early March to significantly increase a credit line, company representatives acknowledged March 31. The Canadian aerostructure provider to OEM and top-tier suppliers faced a widening working-capital deficit, lower annual revenue and an operating loss. In...

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