SC lighting giant is the sole survivor after its owner's fortunes flickered
A South Carolina lighting importer anchored to a foundering owner managed to survive a perilous six-month journey through the bankruptcy system. It...
A South Carolina lighting importer anchored to a foundering owner managed to survive a perilous six-month journey through the bankruptcy system. It could have turned out differently for Quiozel LLC, a potential "tragic story" as Rick Seidel sees it. "It was such a weird experience," the longtime company executive said last week. "You know it's a good business, and it's running well. Yet we had all of this chaos around us. ... We really didn't know — could a good business go down with the ship because it was brought into this situation that didn't work out?" He and the other 120 employees at Goose Creek-based Quoizel were relieved to find out the answer was "no.