MVP RV Shuttered, Assets Go to Liquidation Firm
MVP RV, the Riverside, Calif., recreational vehicle maker that credited its revival to Chinese investor Winston Chung who pledged to give the company $310 million to build RVs for China, has gone out of business, according to the firm now managing its assets.
The Press Enterprise, Riverside, reported that the company assigned all of its assets to a private, non-profit, liquidation firm on Dec. 12, according to Michael Joncich, manager of Credit Management Association’s adjustment bureau. MVP RV had sold off all its trailer and RV inventory to dealers and since December had not taken any new orders, Joncich said.
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