Avcorp Widens Working Capital Deficit, Credit Line

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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...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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