IBJNews

New owner shutting down 520-worker Indiana plant

Back to TopCommentsE-mailPrintBookmark and Share

The new owner of Monaco RV in plans to shut down a 520-worker northern Indiana factory and shift its production work to another Indiana plant.

Allied Specialty Vehicles announced Thursday it was buying Monaco and several of its brands from Navistar Inc. Production at the existing Monaco plant in Wakarusa will move to a factory in Decatur near Fort Wayne. Allied executive Jim Meyer said an undetermined number of jobs will be added in Decatur, but the jobs lost in Wakarusa won't be replaced on a one-to-one basis.

Meyer said the company, which is owned by a New York-based private equity firm, will work on turning around the RV company's financial troubles.

Meyer told the South Bend Tribune that the Wakarusa factory won't get new production orders and that its work will wind down in August.

Allied will try to sell the Wakarusa facilities, Meyer told The Elkhart Truth.

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
ADVERTISEMENT