Creative Extruded Products LLC and BTA Enterprises LLC closed doors on their businesses based in Tipp City and Trotwood, Ohio, in late December. Employees were notified of closure in late October. On January 10, assets were “voluntarily surrendered and assigned” to Oxford Restructuring Advisors LLC in an Assignment for the Benefit of Creditors (ABC).
Creditors may file timely claims for case numbers 2022TRS00002 and 2022TRS00001, a notice to creditors from Oxford Restructuring states.
Creative Extruded manufactured and sold windshield moulding and trim systems for OEM and aftermarket. Declining profits, worsened by the COVID-19 pandemic and supply issues in the auto industry, created a cash shortage in 2021 for the company. Before the ABC, Meteor Creative Inc. LP purchased the company’s assets, but did not assume its liabilities.
A notice by Oxford was sent to creditors encouraging them to file a proof of claim for money owed to them.