Foreclosure Shuts Stone Construction Equipment

Lender is seeking buyers who will restart the recovering light-equipment-maker's up-state New York operations

Bank foreclosure shut the doors at Stone Construction Equipment Inc. this week, but it is unclear whether the light-equipment manufacturer will remain closed. Reports from the local business-development agency in Honeoye, Stone's home town near Rochester, N.Y., say the company's business was recovering. The lender is actively pursuing buyers who might restart Stone's operation.

(More about Stone Construction's future . . . )