NEWS
Energy downturn’s latest victim: Gilbow Tank Trucks closes its doors
By BARBARA GREEN
The ongoing downturn in the energy industry has claimed another victim as Gilbow Tank Trucks prepared to close its doors on Friday.
Owner Jim Gilbow said late Friday afternoon he anticipated the doors would be closed by early Saturday morning. He had already let go about 23 employees a few days earlier.
Gilbow has owned the tank truck business since 2002, and has been in the drilling mud business since 1973, so he has seen the ups and down of the industry.
“I think this has been the worst yet because it has lasted so long. The rest of them have not been like this. I don’t see anything on the horizon that will make a change,” explained the owner.
Read the full story in the mid-week News.
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