Saturday, June 30, 2007

The end of the Journey?

Industry insiders speculated this week that Journey Electrical Technologies Inc. a nonunion electrical contractor may be heading for bankruptcy. I can hardly control my grief (satire). Some say that the company is late in paying wholesale houses for materials and creditors are tired of being taken for a ride. Employee’s at a project in Burbank, California reported hearing the same rumor a few weeks back but were assured everything is fine. Aren’t the employee’s always the last to find out? Is this the end of the road for Journey? If so, what led to their demise? Is this a good thing for the industry? Here's your chance to chime in.

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