Tervis files for Chapter 11 bankruptcy

The 78-year-old manufacturer believes the setback, stemming from multiple factors, will allow the business to come back stronger and better.

  • By Mark Gordon
  • | 2:05 p.m. September 5, 2024
  • | 0 Free Articles Remaining!
Tervis maintains over 50 licenses, including one with Guy Harvey.
Tervis maintains over 50 licenses, including one with Guy Harvey.
Photo by Jaysen Ward
  • Manatee-Sarasota
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Venice drinkware manufacturer Tervis, a brand that dates back nearly 80 years and was once one of the largest employers in the Sarasota-Bradenton region, has filed for Chapter 11 bankruptcy. 

The filing states the company has total assets and liabilities from $10 to $50 million. The company filed for bankruptcy Thursday afternoon, and then held a town hall meeting for employees.

 

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