PTC Alliance lists largest unsecured creditors

By Caroline Salls

Pittsburgh, May 15 - PTC Alliance Corp.'s largest unsecured creditor is ISG Cleveland Inc. of Cleveland with an $8.35 million trade claim, according to a Friday filing with the U.S. Bankruptcy Court for the Western District of Pennsylvania that lists the company's largest unsecured creditors.

Other unsecured creditors with claims of more than $1 million include WCI Steel Corp., Warren, Ohio, with a $1.88 million trade claim; Chrysler Corp., Auburn Hills, Mich., with a $1.36 million trade claim; and Kenwal Steel-Burns Harbor, Burns Harbor, Ind., with a $1.18 million trade claim.

PTC Alliance, a Wexford, Pa., manufacturer and marketer of welded and cold drawn mechanical steel tubing, fabricated parts and precision components and chrome-plated steel bars, made a prepackaged bankruptcy filing on Wednesday. Its Chapter 11 case number is 06-22110.

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