TT NEW CENTURY

Topic 3959 | Page 1

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Kevin C.'s Comment
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Any one know who they are????? (were)

Anchorman's Comment
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67082d1402405146-new-century-off-to-good

The letter appears to state:

This is to notify you that, due to unforeseeable and dramatic changes in business circumstances beyond its control, New Century Transportation Inc., (“NCT” or the “Company”) expects that it will permanently shut down its operations at all of its facilities, including the facility located at 45 East Park Drive, Westhapmpton, New Jersey and will terminate all its employees.

The unforeseeable need to shut down operations arose when NCT’s leader recently and unexpectedly declined to continue finding regular business (illegible). NCT immediately took steps to seek financing and other alternatives, including a sale of all or part of the company, and in order to continue its pertains, but to date, its efforts have been unsuccessful.

NCT will file for relief under Chapter 7 of the United States Bankruptcy Code. NCT reasonably believes that it could not provide earlier or advanced notice of the shutdown, because such advanced notice would have (illegible) NCT’s ability to secure alternative finances of a sale of the company. The following information is provided to you in accordance with the provision of the Worker Adjustments and Retaining Notification Act (the “WARN Act”) and the New Jersey Millville Dallas Airmotive Plant Job Loss Notification Act.

OWI:

Operating While Intoxicated

Dave D. (Armyman)'s Comment
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I had a friend who was fired from New Century, after her trainer was fired. She said "Karma is a b____!"

Dave

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