FormTech Industries LLC has filed for bankruptcy protection under Chapter 11. The company, which employs about 400 people in Ohio and Michigan, is attempting to sell its assets in a court supervised auction.

The company is also trying to secure debtor in possession financing to help continue operations. The filing listed assets in a range between $100 million and $500 million and liabilities in a range between $50 million and $100 million.

If you are considering bankruptcy, contact the Arizona bankruptcy lawyers of the Harmon Law Office, LLC at 480-829-0494.