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PATK > SEC Filings for PATK > Form 8-K on 9-Mar-2009All Recent SEC Filings

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Form 8-K for PATRICK INDUSTRIES INC

9-Mar-2009

Regulation FD Disclosure


Item 7.01 Regulation FD Disclosure.

In response to inquiries received by Patrick Industries, Inc. ("Patrick") following the Chapter 11 bankruptcy filing by Monaco Coach Corporation ("Monaco"), Patrick has issued the following information:

Patrick was sorry to hear Monaco found it necessary to file for bankruptcy protection. Monaco has been, and we hope will continue to be, a valued customer of Patrick.

Patrick has taken appropriate planning steps in anticipation of the difficult times facing our industry. Based upon the payment indicators of Monaco in the fourth quarter of 2008, Patrick created appropriate reserves on its receivables. Consequently, Patrick believes it has adequately protected itself from the ramifications of a Monaco bankruptcy.

Patrick will be working diligently with the unsecured creditors committee and Monaco in the bankruptcy process. Patrick hopes to see Monaco continue to be a valuable part of the industry and to continue its relationship with them.

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