And More Bad RV Industry News Pilgrim is Gone

And More Bad RV Industry News Pilgrim is Gone

09-17-2008, 08:30 PM

#1 (permalink)

HBarlow

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Join Date: Jun 2001 Location: South Plains of Texas Posts: 13,046

And More Bad RV Industry News Pilgrim is Gone

"Pilgrim International to file Chapter 11 bankruptcy this week

(Sept. 16, 2008) -- RV Industry News has learned that plans are underway for Pilgrim International to file for Chapter 11 bankruptcy protection later this week. However, one Pilgrim dealer was told if the company can't put together a financial solution within two weeks, the firm will amend the filing to Chapter 7 and liquidate."

++++++++++++++++++++++++++++++++++++++++++++++++++ ++++++++

Pilgrim shut down about two months ago with an announcement that they were not bankrupt and would return to business when sales improved in the industry. Either that was spin, wishful thinking, or events overtook their ability to survive.

Not a high-quality unit but Pilgrim was an attractive alternative in the entry level market. Another choice that won't be available when strength returns to the RV industry.

__________________
Harvey Barlow

2008 Ram 3500 SLT QC & Chassis w/ CM bed
2007 HitchHiker Discover America 32 LKTG
2010 Goldwing XM/Nav

Last edited by HBarlow; 09-17-2008 at 08:38 PM..

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