Western New York Industrial Manufacturer in Business Since 1948 Has Filed for Bankruptcy

P. & G. Steel Products Co., Inc., an industrial metal components manufacturer, files for bankruptcy by listing over 100 creditors.

Written By Twinkle Jha
Representative Image, P. & G. Steel Products Co., Inc. enters bankruptcy (Image credit: Photo By Yetkin Ağaç from Pexels)

P & G. Steel Products Co., Inc. a Buffalo, New York-based industrial metal components manufacturer, has been in business since 1948. The company filed for Chapter 11 protection in the U.S. Bankruptcy Court for the Western District of New York on October 14.

Note: Chapter 11 allows businesses to reorganize their debts while continuing operations under court supervision. A Chapter 11 filing does not necessarily mean that a business is closing. For additional information, readers are encouraged to contact the business directly.

Overview of the Filing

P & G. Steel Products Co. voluntarily submitted its petition to the court on October 14.

David E. Ponkow, the company’s chairman & CEO, signed a declaration on October 13, according to PACER records. The declaration confirmed that the information provided through the bankruptcy petition is true and correct under penalty of perjury.

P&G Steel Products Co., Inc. supplies metal parts and assemblies to manufacturers across industries. Automotive, hybrid electric vehicles, heavy-duty commercial trucking, HVAC, solar energy, oil and gas, and motorcycles are some of these industries.

The company’s website shows that it currently serves under its third generation of family management. Offerings include metal stamping, CNC production machining, laser cutting and fabrication, component assembly, tool and die services, and manual and robotic welding.

The company’s products, as given on the website, include automotive stampings and weldments, electric vehicle battery assemblies, compressor components, solar racking, and more. It ships them to manufacturing facilities across North America, South America, Asia, and Europe.

Case Related Details

Court records show that P. & G. Steel Products Co., Inc. has listed between 100 and 199 creditors in its petition. The records add that after administrative expenses are paid, no funds will be available for distribution to the unsecured creditors.

Attorney Janice B. Grubin of Barclay Damon LLP is representing the company in the court.

A summary of the Chapter 11 petition is shared here:

  • Filing Date: October 14, 2026
  • Court and Jurisdiction: U.S. Bankruptcy Court for the Western District of New York
  • Type of Filing: Active, Voluntary Petition
  • Chapter: 11
  • Case Number: 1-26-11388-CLB
  • Estimated Assets: Between $1,000,001 and $10 million
  • Estimated Liabilities: Between $10,000,001 and $50 million
  • Estimated Creditors: Between 100 and 199

P & G. Steel Products Co., Inc.’s court-guided proceedings are expected to be a notable point in determining its financial footing.

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Twinkle Jha is a content writer passionate about crafting engaging and informative pieces for diverse audiences. She holds a degree in Journalism & Mass Communication that helps her create news-based articles related to restaurants, retail, and real estate in the US. With five years of writing experience, Twinkle has a strong base for her research, allowing her to create compelling content. Her keen eye for detail and creative approach make her writing stand out. When not working, she loves to watch movies.
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