Ashmark upped their support for Red Star and dispatched a crew of maintenance workers to operate on the site and keep the foundry running. Additionally, Ashmark supported Red Star financially by making weekly loans.
What is your knowledge of Redstar and Ashmark?
Red Star, Ashmark's supplier, was a Tier 11 company, while Ashmark was a Tier 1 company that sold car engine components. As a result, this provided Red Star hope and support to carry on with its business by paying for payroll and aluminium imports, but in the end, creditors seized the accounts after Ashmark had sent the weekly operational cash.
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