Tuesday, February 10, 2009
MONACO TO POSSIBLY RESUME PRODUCTION MARCH 2ND
RV Business
Tuesday, February 10, 2009
Coburg, Ore.-based Monaco Coach Corp. has extended the furlough of its 2,200 employees for another two weeks, with production now tentatively scheduled to resume March 2.
As reported by the Register-Guard, the RV manufacturer’s Coburg factory and Harrisburg maintenance center originally shut down for a holiday furlough Dec. 15 that was supposed to last four weeks. But the company has now extended the furlough for the third time.
Spokesman Craig Wanichek said challenging market conditions forced the company to keep the plant, and employees, idle. If the plant resumes production March 2, the furlough will have lasted 13 weeks.
Like other RV manufacturers, Monaco has been struggling through the worst market for RVs in decades. With the U.S. economy in recession, the industry has been hurt by poor consumer confidence and tight credit.
Tuesday, February 10, 2009
Coburg, Ore.-based Monaco Coach Corp. has extended the furlough of its 2,200 employees for another two weeks, with production now tentatively scheduled to resume March 2.
As reported by the Register-Guard, the RV manufacturer’s Coburg factory and Harrisburg maintenance center originally shut down for a holiday furlough Dec. 15 that was supposed to last four weeks. But the company has now extended the furlough for the third time.
Spokesman Craig Wanichek said challenging market conditions forced the company to keep the plant, and employees, idle. If the plant resumes production March 2, the furlough will have lasted 13 weeks.
Like other RV manufacturers, Monaco has been struggling through the worst market for RVs in decades. With the U.S. economy in recession, the industry has been hurt by poor consumer confidence and tight credit.
