Millennium Transit exits Chapter 11

February 26, 2011 • Local News

A Roswell company that set its sights on bus manufacturing, but went bust in 2008 after borrowing millions from the state and the city of Roswell, largely exited Chapter 11 bankruptcy earlier this the month.

Millennium Transit Services LLC’s plan of reorganization was approved by a judge on Feb. 11, which essentially marks the company’s exit from bankruptcy protections. The order came years after the company borrowed $4,320,000 from the New Mexico State Investment Login to read more

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