Monaco in trouble now (1 Viewer)

[Forestboy]

Picked this up on the American Forum
Bet there are some good deals to be done if you've got the cash.



ELKHART, Ind. (AP) - Monaco Coach Corp. is closing three recreational vehicle plants in northern Indiana's Elkhart County, costing 1,400 workers their jobs. Monaco said Thursday its Wakarusa, Elkhart and Nappanee plants will close around Sept. 17. Most production of motorized units now made in those factories will move to Oregon. The company has its headquarters in Coburg. Work on two models will move to nearby Warsaw. Monaco also will consolidate its production of trailers in Warsaw. The shutdown will leave Monaco with about 700 Indiana workers in Warsaw, Milford and Goshen. The company said in its announcement that the market for RVs continues to deteriorate and it doesn't expect any major improvements soon. Copyright 2008 by The Associated Press. All Rights Reserved.)

 

[Jim]

Some real bargains to be had.. but...I've never got any money when things are cheap, I always seem to buy at the top of a market

 

[TJ-RV]

Rather than copy posts from other forums (aka rumours), here's a link to Monaco's official announcement. Straight from the horse's mouth so to speak.

This shouldn't be a surprise, given the state of the US economy, high fuel prices, the extent to which the RV industry has been hit, and the announcements from other RV manufacturers.

What's not clear is what will happen to the Elkhart, Indiana service center. Will it be moved to other remaining plants in Indiana, or eliminated altogether, requiring all service be done either at Harrisburg, Oregon or Wildwood, Florida.

I'm waiting for the other Monaco shoe to drop; They make almost all their chassis at their Roadmaster Chassis plant, next door to their Elkhart, IN service center. It makes little sense to me that they would continue shipping chassis across country to Coburg, Oregon, where they're consolidating the major part of their manufacturing.

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[Lindy-C]

That might explain the email I got from them a few days back.........obviously looking for business





Dear RV enthusiast:

Monaco Coach Corporation invites you, through this one-time-only email blast, to visit our new online magazines, where you can access and view regularly-updated features on RV-related travel and pursuits, technical advice, company and industry news, product information, owner profiles, and timely blog posts from the editor. You will also have access to important links throughout the sites to related resources of interest.

We also invite you to receive our new e-newsletter via email each month, containing updated content and links from each online magazine. To subscribe to the free e-newsletter, simply visit one of the online magazine sites below and add your email address to the subscription box on each site's home page.

Lifestyles Online (Monaco Coach): Link Removed

Holidays Online (Holiday Rambler): Link Removed

Beaver Journal Online (Beaver): Link Removed

Safari Adventures Online (Safari): Link Removed



We hope these new online magazines from Monaco Coach Corporation will become a forum for you and your fellow RV enthusiasts to communicate with us, and with one another.

We look forward to hearing from you.


Sent by: Monaco Coach Corporation: 91320 Coburg Industrial Way, Coburg Oregon 97448, (800) 634-0855
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