Minneapolis Contractor Buys Back Company From Encompass
MINNEAPOLIS — Yale Mechanical Inc. recently purchased its company back from the consolidated owners who had acquired it in 1997. Encompass Services Corp., the consolidator that purchased Yale, filed for Chapter 11 bankruptcy in November 2002.
On Nov. 22, 2002, Yale management officials submitted a letter of intent to the U.S. Bankruptcy Court for the Southern District of Texas to buy back or divest itself from Encompass.