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Fleetwood Files for Chapter 11 Bankruptcy

March 10, 2009 by · Leave a Comment 

Fleetwood Enterprises Inc. today (March 10) filed voluntary Chapter 11 petitions for itself and certain operating subsidiaries in the U.S. Bankruptcy Court for the Central District of California in Riverside, Calif. The filings do not include any of the company’s foreign or non-operating entities. Fleetwood’s motorhome and manufactured housing businesses will continue to operate while the company seeks buyers for these business units. While the Riverside, Calif.-based company believes... Read more

Fleetwood Enterprises Exits Travel Trailer Sector

March 9, 2009 by · 1 Comment 

Riverside, Calif.-based Fleetwood Enterprises Inc. will be exiting the travel trailer market to “focus on its motorhome and manufactured housing business.” In a letter to dealers, RV Group President Paul Eskritt explained that the company’s trailer division had incurred significant losses the past several years. “Fleetwood’s travel trailer division sustained losses of $65.3 million in 2007 and $16.8 million in 2008,” he said. “In recent years, this division has lost market share... Read more

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