Re: Is this real? The contract is for 10 years.- TRUE
Author: HOWARD
Date: 06-25-2020 - 07:51

Yes, it is true that PGR is looking to leave Watsonville. In Nov/2019, PGR needed to refinance due to high interest rate loans. The lending bank required PGR to bring back Lon VanGemert to right the ship. He has slashed cost and identified operations that are not profitable and need to be cancelled. Watsonville was on the list even before the COVID-19.



Subject Written By Date/Time (PST)
  Progressive Rail Abandoning Santa Cruz Buddy 06-25-2020 - 03:51
  Re: Progressive Rail Abandoning Santa Cruz BNSF1995 06-25-2020 - 04:45
  Is this real? The contract is for 10 years. Your "link" is sketch 06-25-2020 - 06:57
  Re: Is this real? The contract is for 10 years.- TRUE HOWARD 06-25-2020 - 07:51
  Re: Is this real? The contract is for 10 years.- TRUE wa resident 06-25-2020 - 10:45
  Re: Is RTC real? Sand Dome 06-25-2020 - 10:04
  Re: Progressive Rail Abandoning Santa Cruz Pete 06-25-2020 - 09:04
  Yellow bad man foam Bonny Doom 06-25-2020 - 10:02
  I blame the handcar mafia Pennies a day 06-26-2020 - 08:30


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