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Mobile Pulleys Funds Discontinued by Parent

On Wednesday, July 24, the owners of Mobile Pulley and Machine Works, informed employees that after the current pay period, ending that week, there would be no more funds available for payroll. All pay and benefits were stopped for all but a skeleton crew of management and shop workers as of July 25 or 26.

Offshore Tool and Energy of Mobile, Alabama the parent company of Mobile Pulley, recently moved to Houston, Texas, and the chief financial officer, Chip Wann, did not return calls requesting information about the plans for the company.

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