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Others have not been fortunate enough to find a buyer and have shut operations.
And in December, Manganese's sole competitor, Metrocab, shut operations as it looked for a buyer.
INDIANAPOLIS (AP) — ATA Airlines shut operations and stranded thousands of travelers Thursday when an unexpected loss of charter flights and soaring fuel costs forced the carrier into bankruptcy.
Shell has shut operations in Nigeria's oil-rich delta region because of kidnappings and attacks by groups seeking a larger share in the profit.
Mark Bradshaw, a conveyer belt supervisor at Biffa Recycling, said he shut operations down as soon as he spotted Mr Singh's body on the line, adding that he called the emergency services immediately.
The executives note that the state of the economy has forced many companies to shut operations of higher-cost mines, which will eventually rebalance the market once economic activity revives and drives prices back up.
Similar(44)
Recently, Bill and Tim and I have been talking about dissolving the company and shutting operations down.
In the fourth quarter, Corning had $1.07 billion in after-tax expenses related to cutting jobs, shutting operations and the declining value of assets, the company said.
Mr. Dodds said that the firm had never considered closing its branches or shutting operations and did not consider the steps it is taking to be drastic.
"They say they're shutting operations down because they've gotten some bad publicity," said Jeremiah W. Nixon, Missouri's attorney general.
Shell had to shut petrochemical operations nearby, including its refinery, and a deepwater operation in the Gulf of Mexico, he says.
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