Tests Could Mean Capital Infusion for Avacelle Inc.

From: The Journal Record | Date: August 26, 1992| Author: Bill May | Copyright information

By Bill May

Journal Record Staff Reporter

Patience may be its own reward, but officials of Avacelle Inc., 6912 S. Bryant Ave., are rather hoping for more cash.

It appears as if the design for the mufflers, which are intended to make older airplanes quiet enough to meet turn-ofentury noise standards, has been proved, and the cashow logjam which has created credit problems for nearly two years may be broken.

Now, the struggling company, in Chapter 11 bankruptcy s...

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