“Transtar will operate as usual, and our team remains committed to continuing to provide responsive service to our customers. It will be business as usual for us,” said Edward H. Orzetti, CEO of Transtar Holding Company. “The actions we are announcing today represent an important and positive step forward in our efforts to strengthen Transtar’s financial position. We will emerge from this restructuring as a stronger company with a more flexible capital structure. This will enable us to pursue our strategic growth plans as we make continued progress in enhancing our operations.”
Further information on Transtar is available by visiting the Company’s website, www.transtar1.com.
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