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Petition filed: April 10, 2006
Committee Appointed: April 24, 2006
Chinese Version
DEBTORS BUSINESSES:
Global Home Products LLC (http://208.55.132.171/index.htm), through its Anchor Hocking businesses (“Anchor Hocking”), Burnes Group businesses (“Burnes Group”) and WearEver businesses (“WearEver”), is a leading designer, marketer and manufacturer of well known, branded consumer and specialty products to retail and hospitality customers and to original equipment manufacturers.
Anchor Hocking produces beverageware, cookware, bakeware, home décor items, and glass components for commercial customers, including Anchor Hocking®, Fire-King®, Jade-ite®, Pheonix Glass® and Toscany® brands.Anchor Hocking’s glassware products cross all price points through retail, specialty, business-to-business, and hospitality channels.
The Burnes Group designs and sells ready-made picture frames, photo albums, scrapbooks and related home accessories.The Burnes Group is the premier marketer and manufacturer of ready made picture frames, photo albums, scrapbooks and related decorative accessories in North America.The Burnes Group’s wide array of brand and product lines, including Burnes of Boston®, Carr®, Connoisseur® and Rare Woods®, is marketed to a variety of retailers including merchants, department stores, independent specialty retailers, photo stores, hardware, drug stores and grocery stores.
WearEver produces metal bakeware, cookware and accessories, including the AirBake®, Mirro®, Regal®, SmartBake® and WearEver® brands, and is recognized as a leading marketer and manufacturer of multi-branded metal cookware and bakeware products and accessories.WearEver sells metal cookware, bakeware and related accessories throughout North America, principally in the opening and mid-tier price points through retail channels. Collectively, and exclusive of those employed by non-debtor subsidiaries outside the United States, the Debtors currently employ approximately 1,950 full and part-time employees as of March 2006.
For the 11-month year to date for fiscal years ending March 31, 2005 and March 31, 2006, the Debtors generated consolidated revenues of $489.2 million and $452.8 million, respectively, with net loss during these years in the amounts of $4.9 million and $60.5 million, respectively.The book value of the Debtors’ assets as of February 2006 was approximately $472.5 million.
Creditors’ Committee Members:
Zhejiang Taizhou Aishida Electrical Equipment Co., Ltd.
Attn: Stella Ye,
Economic Development Zone
Wenling City, Zhejiang, China 317500
Phone: (86) 576-619-9021
Email: stella.ye@asd.com
Zhejiang Supor Cookware Co., Ltd. (Co-Chairperson)
Attn: Marc Cohen
1999 Avenue of the Stars, Suite 1700
Los Angeles, CA 90067
Phone: (310) 788-1000
Email: mcohen@kayescholer.com
Asia Trading Company
Attn: Alex Lee
Unit 401, Tower II, South Seas Centre, 75 Mody Road
Kowloon, Hong Kong
Phone:(852) 2429-2018
-and-
Attn: Joseph E. Myers,
CCE 401 Towne Centre Drive
Hillsborough, NJ 08844
Phone: (908) 431-2133
Email: jmyers@clearthinkinggrp.com
United Steelworkers of America
Attn: David R. Jury
Five Gateway Center
Pittsburgh, PA 15222
Phone (412) 562-2400
Email: djury@usw.org
Lewisburg Container Company
Attn: Brian Thomas
1800 C. Sarasota Business Park
Conyers, GA 30013
Phone (770) 761-4628
Email: bthomas@prattindustries.com
International Paper Company
Attn: Bruce Gilliland
4049 Willow Lake Boulevard
Memphis, TN 38118
Phone: (901) 419-1346
Bruce.Gilliland@ipaper.com
Colorbox LLC (Co-Chairperson)
Attn: Michael Traison
150 West Jefferson Avenue, Suite 2500
Detroit, MI 48226
Phone: (313) 496-7657
Email: traison@millercanfield.com
Committee Counsel:
Lowenstein Sandler PC
65 Livingston Avenue
Roseland, NJ 07068
Email: globalhomeproducts@lowenstein.com
Financial Advisors:
Huron Consulting Group
Attn: Susan L. Storey
1301 Avenue of the Americas, 6th Floor
New York, NY 10019
Phone: (646) 277-2275
Fax: (212) 785-1313
Email: sstorey@huronconsultinggroup.com
Noticing, Claims and Balloting Agent:
Bankruptcy Services, LLC
757 Third Ave. 3rd Floor
New York, NY 10017
Phone: (646) 282-2500
Fax: (646) 282-2501
http://chapter11.epiqsystems.com/WebPortal/ClaimsList.aspx
Upcoming Dates:
Omnibus Hearings:
May 25, 2007 at 10:00 a.m.
June 13, 2007 at 10:30 a.m.
July 24, 2007 at 11:00 a.m.
Before the Honorable Kevin Gross
Location:
United States Bankruptcy Court, District of Delaware
824 Market Street Courtroom No. 2B
Wilmington, Delaware 19801
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