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CalPlant, Willows, Ca., has opted to initiate an orderly liquidation of its assets under bankruptcy protection. The company manufactures the world’s first no-added-
formaldehyde, rice straw-based medium density fiberboard, Eureka MDF.
Pursuant to the Worker Adjustment and Retraining Notification Act, all employees were issued 60-day WARN notices in mid-May and were notified of the impending closure of the company. During that period, CalPlant is focusing on selling its assets, in whole or in parts.
