In November 2001, Strachan, who had been let go by American Tower Corporation during the company’s massive downsizing efforts, and Matthew Sanford saw the need to build an independent tower development business.

Strachan will be awarded $141,346 for his loss of salary and be provided with a 25% equity interest in Eastern Towers, a former company owned by Horizon Towers’ principals. The court also declared that former Eastern Towers minority shareholder and employee John W. The open market will decide the value of the 32 structures once the company’s book is available to prospective buyers, but one broker informed Wireless Estimator that many of them have been around for a while and presuming each of the structures had tenants, they might be worth well in excess of $500,000 each given their desirable locations. to have 32 of their towers “liquidated and distributed or otherwise used to satisfy the creditors of debtor Eastern Towers, Inc.,” also awarded Timberline Construction of Canton double its owed $264,774 for new site builds due to an unfair or deceptive act. This 179-foot monopole in Wayland, Mass., is one of the 32 towers that the court said must be returned to the bankruptcy trustee.Ī court decision requiring the owners of tower consolidator Horizon Towers of Marblehead, Mass. Design Load Data by County – Wind, Ice, Seismic & Frost (Rev G & F).OSHA – Communication Tower – Request For Information.

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