HOOD Sailmakers Inc. of RI is in bankrupcy - SailNet Community

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  • 1 Post By bljones
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Old 04-27-2013
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HOOD Sailmakers Inc. of RI is in bankrupcy

I was very surprised to see this notice in the Providence Journal this morning.


Operating assets, including trademarks of HOOD Sailmakers, Inc are available for immediate sale per the US bankrupcy court in the district of RI. Bids are due by May 9, 2013. The notice mentions the address of the US headquarters: HOOD SAILMAKERS, INC. 23 Johnnycake Hill, Middletown, RI

There doesn't appear to be any indication of issues on the HOOD website.
Has anyone had or heard of issues with deliveries from HOOD?

According to this website, they filed for chapter 11 on March 5.

This is sad economic news...
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Old 04-27-2013
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Re: HOOD Sailmakers Inc. of RI is in bankrupcy

Quote:
Originally Posted by ChuckA View Post
There doesn't appear to be any indication of issues on the HOOD website.
Has anyone had or heard of issues with deliveries from HOOD?
That site has not been updated since 2010.
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Old 04-27-2013
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Re: HOOD Sailmakers Inc. of RI is in bankrupcy

I don't know if Ted still owns it or not but it's still a sad thing to see happen in the evening of such a notable persons life.
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Old 04-27-2013
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Re: HOOD Sailmakers Inc. of RI is in bankrupcy

The end of a magnificent era. That saddens me. My best sails are Hood.
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Old 04-27-2013
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Re: HOOD Sailmakers Inc. of RI is in bankrupcy

Spoke with Robin Sandero of the left coast Hood shop. He says old news. That shop has been in trouble for ~2yrs. The other Hood shops are fine. Don't worry be happy.

P.S.- I was worried as had Hood build sails for new boat. Glad to say sails were built and to be delieveried as ordered.
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Old 04-28-2013
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Re: HOOD Sailmakers Inc. of RI is in bankrupcy

It's a RI thing...many businesses up here are either struggling or already done.
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