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Cover-All Building Systems placed in receivership

News | May 6, 2010 | By:

Calgary, Canada–based Cover–All Building Systems has been placed in receivership, and the process of selling the company’s assets will move forward in May.

The maker of steel–framed fabric buildings halted production in March and laid off most of its 483 employees after being granted protection from creditors. Cover–All also issued a safety notice in March to owners of its TITAN® buildings, warning that some “may not meet the maximum combined wind and snow load capacity requirements” of applicable building codes. The company had begun a review of its building designs, but announced in April that it is “no longer able to fund the completion of this review.”

Cover–All recommended that owners of its buildings “engage a structural engineer to perform an analysis of your building to determine whether it meets all applicable building code requirements.”

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