McDonald Distributors of Florida Inc., an independent electrical distributor in Fort Lauderdale, Fla., run by the Pokey family, is going out of business after 47 years. The company has filed an assignment for the benefit of creditors. The liquidation is expected to be completed by the end of November.
According to Phil VonKahle, an advisor to Michael Moecker Associates Inc., Pembroke Pines, Fla., who has the assignment, cash flow was the reason the company chose to no longer operate.
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