Saturday, January 03, 2009

Bad Times for Country Coach May be Good News for Some

The Register-Guard - Eugene,OR,USA
JUNCTION CITY — Troubled times for Country Coach could be good news for bargain hunters — both customers looking to get a deal on a new motor home, and investors ready to swoop in and pick up the pieces of a company that still has a strong reputation for building high-quality RVs, a local RV dealer said.

The privately held company notified its 500 employees on Tuesday that it will be forced to permanently shut down by Feb. 28 unless it obtains new financing. Even if it obtains the financing, the company said, it expects to impose “mass layoffs” starting around March 1.

The factory stopped production in November, and was to have resumed work on Monday, but will remain closed until further notice.

Guaranty RV Super Centers in Junction City is a major dealer for Country Coach. General manager Shannon Nill said Friday he’s hopeful the RV maker will be able to get the capital infusion it needs to stay in business.
Full Story...
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