ELKHART CO. — Another RV company is closing its doors leaving more workers without a job.
A company official from Pilgrim International says they're temporarily ceasing operations at all their Elkhart County plants, effective immediately.
He says the company is re-evaluating its status, but its goal is to re-open eventually. He did not know how long those plants would stay closed.
An employee told WSBT News the layoffs affect 178 people at four plants in Elkhart County.
Another company official, John Moore, said eight buildings total will be closed, though not all are plants. He confirmed the company is closing as a result of slow sales and the current marketplace.
So far more than 3,400 RV workers in Indiana have lost their jobs this year.
* This post was
edited 08/11/08 12:07pm by an administrator/moderator *
I am honoring all warranties on the units that I have sold. In the event that Pilgrim does not open back up, I will be offering full warranty on all products in my stock. I have been in touch with some of the people at Pilgrim, and they have informed me that this situation was caused by a bank that is trying to get out of the RV industry because they were backing Travel Supreme when they went under. Presently there is litigation as to whether the bank acted legally or not. Dave Hoeffer should be making an announcement this Thursday. All parties that I have talked to are positive and expect to be open soon, Pilgrim was operating in the black.
Banks are in business of lending money. Is stopping the process consider closing the business?
Indymac did that to lot of people.
I am afraid the process just started.
Pessimist sees dark tunnel, optimist sees a light at the end, realist sees lights of coming train.Engineer sees 3 idiots on the tracks.
WTTCS wrote: Verrrrry seldom do banks make mistakes.
But when they do, watch out!
Of course, after IndyMac's failure, there have been about 5 small bank failures and about 9 credit union failures. I'm sure we will continue to see more of them.
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