14 August 2019
Bant Printocut Bankruptcy Numbers
MARKHAM—
 
 Some of Bant Printocut bankruptcy numbers are in. The company owed around $500,000 of that only about $30,000 was secured creditors. Of the total owed about $200,000 to a Die Cutting Equipment manufacture . Also over $80,000 was owed to a steel rule trade shop. Unconfirmed reports were the company was put into bankruptcy by the owner.
Moved into Markham plant two years ago What Wh
Moved into Markham plant two years ago
What the value of the equipment and receivables are uncomfirmed,  but some industry people have estimated at up to $700,000. The receiver is currently looking for offers on the equipment which includes three 40" platen die cutters , 3 glueing machines, a tipping , cutters and some smaller equipment. For almost 60 years old Bant was a trade die cutting and gluing house in the Toronto. The receiver can be reached at richard@jwilliamsassco.com 
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