Brawny Plastics West Inc. filed Feb. 25 for Chapter 7 liquidation under the U.S. Bankruptcy Code. The Santa Ana-based film extruder plans to liquidate its assets.
BPW President Bill Welmon said the Santa Ana facility employed 45 in a 45,000-square-foot plant. It operated five extrusion lines.
Stan Manne, president of Brawny Plastics Inc. in Chicago, had ``several million'' dollars invested in the Santa Ana firm and said the current economic situation in California led to the filing in U.S. Bankruptcy Court in Chicago.
``It's not a business-friendly environment,'' he said, citing among other things the high cost of electricity.
Manne stressed that BPW is an independent investment from the Chicago operation, which he said has ``no attachment'' to BPW.
``Chicago is healthy and doing fine,'' he said.
BPW dates to 1995, when Brawny Plastics Group of Chicago, the parent company of Brawny Plastics Inc., purchased what was then Packaging Products and Design Corp.
BPW manufactured custom bags, sheeting and stretch films, Welmon said.