TrueNorth acted as Financial Advisor to the Official Committee of the Unsecured Creditors in the Kingsbury Corporation Chapter 11 case.  The assets were sold in a Section 363 sale. Kingsbury Corporation, now owned by Optimation is a world leader in the design and manufacture of premier special purpose assembly and test systems; custom rotary dial, inline transfer, and SPM machines; flexible machining centers; and web based (roll to roll) machines.