A Beatrice company that makes outdoor wood furnaces has filed for Chapter 7 bankruptcy.
HeatSource 1 reports assets of more than $209,000 but owes
The bankruptcy comes about six weeks after the company ceased
HeatSource 1 is owned by Mark and Kathy Setzer of Beatrice. Mark
Setzer told a newspaper that the bankruptcy is "a matter of
closing out a brand name."
He says his HeatSource 1 workers have been hired by his other
company, Setzer's Manufacturing.