ROUND ROCK, Texas - American Plumbing and Mechanical Inc. (AMPAM) has announced its emergence from Chapter 11, and that its plan of reorganization has been effectuated. This announcement represents the final milestone in the restructuring process that AMPAM and various affiliates commenced on Oct. 13, 2003.
Since that time, AMPAM says it has undertaken significant efforts to restructure its operations to focus on its core business. Robert Christianson, AMPAM's chief executive officer, said, "Emerging from Chapter 11 has been an important goal for the company and is the capstone event in the successful restructuring of our business activities. We will emerge with a strong, revitalized balance sheet, the financing required to move forward, and the ability to focus our attention on the needs of our customers."