LOUISA COUNTY, Va. (WVIR) – Klöckner Pentaplast, a plastic manufacturing company with a location outside of Gordonsville, VA, has filed for Chapter 11 bankruptcy.
The Germany-based packaging company filed a bankruptcy petition in the Southern District of Texas on Nov. 4.
Published reports out of the Culpeper Star-Exponent said the Gordonsville plant employs 400 people, and no layoffs are planned due to the bankruptcy filing…