Coyne Textile Services, Syracuse, NY, recently filed Chapter 11 bankruptcy to allow the company to restructure its balance sheet and divest its operations in three parts, according to a news release. Clean Uniforms and More! is expected to purchase customer routes in New Bedford, MA, for $4 million. Prudential Overall Supply is expected to purchase Coyne’s facility in Richmond, VA, and customer routes and equipment at its Greenville, SC, facility for $7 million. Coyne’s senior management team is expected to acquire the remaining plants and service centers, including those in Syracuse and Buffalo. Pending the completion of these sales, which ...