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Bryluen Closes
Operation...
It seems that the media headlines announce
daily another company going out of business.
Bryluen has now joined these unfortunate companies and is
forced to cease operations.
A large portion of Bryluen’s business was
directly affected by the mortgage market.
With the collapse of so many investment firms and the
freezing of the mortgage market our largest clients have either
filed for bankruptcy or severely curtailed their operations.
This had a devastating effect on Bryluen.
Bryluen’s revenues began sagging as the general
economy cooled in 2007.
All of our clients had reduced funding levels and cut back on their
projects. Several of
our major clients were bought out or merged with other companies and
cut back on our services.
By the end of 2007, several of our major clients were not
able to pay us for services already rendered.
Throughout 2008, revenues continued to lag
behind expenses and when the economy recently bottomed out, all of
our remaining open projects were cancelled by the clients.
In order to make sure that our clients will
continue to be serviced, we have transferred all of the services we
were providing to other companies.
·
Preventative Maintenance and Repairs
– TEAMWRKX Facilities
·
Construction and Remodeling –
TEAMWRKX Construction
·
Property Management Services –
TEAMWRKX Facilities
·
Project Management – Western
Building, Inc.
·
Inspection Services and Consulting –
Western Building, Inc.
We have enjoyed working with you over the years
and appreciate your support.
Please consider utilizing these companies for your future
needs.
Best Regards,
RG “Barney” McClung
President – Bryluen International, Ltd.
About TEAMWRKX, Inc
TEAMWRKX, Inc., a
collaboration of synergistic service companies, includes TEAMWRKX
Construction, TEAMWRKX Facilities and TEAMWRKX Mechanical. Run by
principals who insist on quality and open communication, TEAMWRKX
brings together experts across industries, providing its clients
with unprecedented access to a cohesive family of services – all
from a single source. Architects, brokers, contractors, real estate
and facilities professionals, and property managers and engineers
have all discovered the many benefits of working with the integrated
TEAMWRKX family, where efficiency and honesty are paramount. More
information about TEAMWRKX can be found at
www.TEAMWRKX.com
or contact
Tim Talaugon
President, Teamwrkx
Facilities 408.889.8509.
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