Skip to comments.Coleman Powermate Bankruptcy?
Posted on 03/19/2008 12:34:51 PM PDT by doc390
After recent trouble w/ a relativly new standby generator, while awaiting parts, the dealer informed me that Coleman Powermate is shut down, not taking calls, & probably bankrupt. According to this company, their people at another branch stopped at the Powermate headquarters, & found everything locked up. Coleman Powermate is located in Aurora, IL, & manufactures generators, pressure washers, & compressors. The links on their website http://www.powermate.com/ are dead, too.
If a company like that can’t make money in exports with the dollar as low as it is, they deserve to go bust.
Powermate files bankruptcy
Well, its chapter 11 which can mean a recovery.
I’m guessing that with greatly reduced hurricanes they had sales problems.
Another Wal-Mart victim. Just like Rubbermaid.
Well crap, I've been having one for 3 1/2 years and never a lick of trouble. Sooner or later something will go wrong with a proprietary part and we are screwed. So much for brand names.
I was kind of joking. I’ve had my Powermate for well over 10 years and haven’t experienced any problems at all.
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