JBT Transport buys Heritage Transportation as it accelerates growth

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Denis Medeiros, CEO of JBT Transport in Ayr, Ont., went from contemplating retirement to entering growth mode with the acquisition of nearby Heritage Transportation Group Feb. 2. “My son’s gotten more involved [in the business] and my idea of retiring came to an end when he wanted it to become part of his life,” he […]

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[JoeCabral]

Bought it and drove it to bankruptcy within a couple of years. Same as Kenmore.

 

[Rob]

Bought it and drove it to bankruptcy within a couple of years. Same as Kenmore.

The bank calling in a big loan is what caused this according to the ppwk. Same as they guy out west the bank calls the loans in and put the company in receivership.