
DeAngelo Brothers, Inc.
Hazleton, PA 18201
Company Overview
100 North Conahan Drive
Hazleton, PA 18201
US
DBi Services today confirmed that due to continued operating and financial challenges, and sudden and unexpected setbacks, particularly the decision of its primary lender to discontinue all funding, the Company determined that a wind down of substantially all of its business is necessary at this time.
Macroeconomic forces as a result of the COVID-19 pandemic, including supply chain disruptions, higher material costs and the labor shortage, coupled with increased financial requirements from sureties and lenders, impeded the Company’s ability to successfully execute and finance its projects.
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