CENTRAL PLAINS FILES CHAPTER 11
August 8, 2007
By JEANNE RICHARDSON, Reporter
The Winfield Daily Courier
Wheatfield Investments Inc., also known as Central Plains Book Manufacturing, filed for relief under Chapter 11 of the bankruptcy code in United States Bankruptcy Court in Wichita on July 30. They are being represented by Redmond & Nazar, LLP in Wichita.
"I wish we weren't in this position," said Günter Hansen, Central Plains general manager and CEO, this morning. "We hope that someone will step in quickly and take over the business. Our customers are very supportive, but we need to move quickly."
Operations at the Strother Field plant have ceased.
A hearing will be held on Sept. 13.
Central Plains began production in July 1999, continuing the work of the former Gilliland Printing in Arkansas City. Central Plains was fully operational by the end of September 1999. It operated one shift and employed 52 people, 48 of whom came directly from Gilliland. They have been producing books as Central Plains for the last eight years.
Central Plains employed about 70 people.
From The Arkansas City Traveler:
PRINTER FILES FOR BANKRUPTCY
By FOSS FARRAR, Traveler Staff Writer
Central Plains Book Manufacturing filed for Chapter 11 bankruptcy last week and the company's 70 workers have been laid off.
The last day of production at Central Plains' Strother Field plant was last Wednesday, said Gunter Hansen, the company's general manager.
Central Plains filed for Chapter 11 in the U.S. Bankruptcy Court District of Kansas, in Wichita, on July 30, a court clerk there said. A first meeting of creditors was scheduled for Aug. 24 at the district courthouse in Wichita.
Hansen said today there are two buyers interested in purchasing the company, and he hopes the plant will be operating again soon. One of the potential buyers is from Wichita; the other is from St. Louis.
"I would do anything I can to make sure the company and employees stay here," Hansen said.
He said Central Plains now has three-quarters of a million dollars worth of orders to complete for its customers. So far, customers have been patient with the company's situation, he said, and Central Plains has "good rapport" with them.
Hansen said he was "blindsided" by the company's financial troubles as were his employees. He organized the company in 1999 after Gilliland's Printing in downtown Arkansas City closed...
Central Plains Book Manufacturing
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