February 1974 - Levis, Quebec - Auto-Ski, Inc., manufacturer of Auto-Ski snowmobiles, has filed bankruptcy with more than $900,000.00 owed to creditors. According to Paul LaCasse, company president, loss of backing from major a shareholder and reduced snowmobile sales for the past two seasons, were the major contributing factor to the corporations indebtness.
Paul and Maurice LaCasse, brothers founded the company in 1968. Auto-Ski sold 700 1973 snowmobiles and produced 1,800 machines for the 1974 season.
The LaCasse brothers purchased the parts inventory from the bank and indicated that they would seek financial backing to produce 1975 snowmobiles.
SENIOR PERSONALS DATEING SITE
No comments:
Post a Comment