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True Value Files For Bankruptcy

True Value, who is considered to be the main distributor of Newhall Hardware, has recently filed for bankruptcy. 

On Monday, True Value Company, the main distributor of Newhall Hardware, entered Chapter 11 Bankruptcy with plans to sell their assets to the Do it Best Company. 

“While this marks a significant change for our longtime distributor, we want to assure you that Newhall Hardware remains locally owned and operated and we are as committed as ever to serving our community just as we have for 9 nine years,” said The Orlandini Family, owners of the Newhall Hardware store. 

Newhall Hardware is a locally owned hardware store and a member of True Value with the expert advice, tools, equipment and the products you need to get the job done.  

Newhall Hardware is located on 23735 Lyons Avenue and is open seven days a week, according to officials. 

Newhall Hardware is set to continue offering the same quality products, expert services, and helpful advice, added officials. 

“The Orlandini family and our entire team are here for you today, and we plan to be here for many more years to come,” said officials. 

For more information, click here.


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True Value Files For Bankruptcy

One comment

  1. The Orlandini family owners of Newhall Hardware are a great asset to our community and offer excellent products and service. Service which is greatly lacking at “big box” hardware stores.

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About Carl Goldman

Carl Goldman, along with his wife, Jeri repurchased KHTS AM-1220, Santa Clarita’s hometown station on October 24, 2003. They owned it from 1990-1998, and then sold it to Clear Channel Communication in 1998, buying it back from Clear Channel in 2003. Since then, they have rebuilt KHTS as a critical voice of the Valley. In 2015 the radio station moved to its new headquarters on Main Street in Old Town Newhall, in the original Newhall Hardware building. In 2018 an FM was added, 98.1, with its signal being simulcast with AM-1220. In January 2020, Carl and Jeri cruised on the Diamond Princess. Carl was one of the first Americans to come down with Covid-19. Months earlier he was impacted by Guillain Barre Syndrome as a result of a Shingles vaccine in September 2019. He is still in recovery from the vaccine.