Monaco Coach Corp., one of the nation’s largest makers of recreational vehicles, laid off 200 of an estimated 1,200 workers at its plant in the northern Indiana town of Wakarusa late last week.
The layoff was prompted by slowing demand, the Coburg, Ore.-based company said. High fuel prices are playing a roll in the slowdown, the South Bend Tribune reported, quoting a company official.
However, Monaco hopes interest rate cuts will bring buyers back, and result in recalling many of the workers.
The plant is between South Bend and Goshen.