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Booze bankruptcy: Atlanta-based alcohol distributor lays off hundreds
AJC.com • • business
Key Points:
- Republic National Distributing Co., a 128-year-old alcohol distributor based in metro Atlanta, has filed for Chapter 11 bankruptcy protection as of July.
- The company, headquartered in Cobb County, currently employs about 1,460 people but plans to lay off more than 500 workers in Georgia.
- The layoffs affect operations at its headquarters on Wildwood Parkway in Cobb and a facility near Fulton County Executive Airport.
- Republic National Distributing Co. is exploring strategic alternatives to secure capital and avoid liquidation of its Georgia operations.
