Navistar not paying Construction contractors Lisle
Word is Navistar hasn't paid some of the construction contractors that did work on the new Lisle HQ.
That project was estimated to be over $100M in construction contracts.
No word on the percent unpaid.... Stay tuned.
Hundreds of thousands in liens placed by contractors working on the HQ were recently paid and liens released just prior to the $1Billion secured loan deal. The HQ is included as collateral for the $1Billion loan.