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Tuesday, August 4. 2009
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Golf Course GPS Firm Files for Bankruptcy
GPS Industries Inc. which manufacturers GPS units for use in golf, is reorganizing under the Chapter 11 bankruptcy code. The Sarasota, Florida firm moved from Canada within the last few months. It's filing listing assets of between $1 million and $10 million and liabilities between $10 million and $50 million. The downturn in the economy did not treat the firm well.
- Tampa Bay Business Journal
Posted by Adena Schutzberg
in GPS, Satellite Navigation, Geospatial Business
at
07:07
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