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March 12, 2009

FLEETWOOD ENTERPRISES: Company closes travel-trailer unit

Filed under: term — Tags: , , — Snowman @ 7:34 am

Fleetwood Enterprises Inc., a maker of recreational vehicles and manufactured housing that has been restructuring for about three years, said Tuesday it has filed for voluntary Chapter 11 bankruptcy protection.

The 59-year-old company, which has been coping with slowing sales, said it has already started closing its travel-trailer division, which employs about 675 people in three manufacturing facilities and two service facilities instant payday loan. The company said it is also laying off an additional 65 corporate employees.

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