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During the early 1990s, Beaver Coach continued to employ 250 to 300 people despite growing financial problems. By November 1993, the company's debt exceeded $11 million and it was forced to file for Chapter 11 bankruptcy protection. While under the court's protection, Country Coach of Junction City, Oregon offered $6
The company started building diesel- and gas-powered Class A motorhomes. Safari bought Beaver in 1994 for $7.6 million after outbidding Country Coach. In 2002, Monaco Coach purchased Safari and Beaver brand names. In 2006 Beaver moved its assembly plant. Safari was able to keep its plant in Harrisburg open.
Junction City was a center of the RV and motorcoach manufacturing in the 20th Century, with the nickname "The RV Manufacturing Capital of the World." [5] The city was the home of Country Coach, a large luxury motorcoach manufacturer employing over 2,000 people. Country Coach was liquidated in February 2010 after filing for bankruptcy.
Paramus-based Coach USA — one of the largest private bus companies in the country — filed to begin Chapter 11 bankruptcy proceedings this week.
Coach USA's June 11 statement said the company filed voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware to “facilitate sale processes to preserve jobs ...
Navistar International Corp purchased the core assets of Monaco Coach Corporation's factories, inventory, brands and intellectual property in June 2009 for $47 million [11] and the company's new name became Monaco RV LLC. Upon the sale of its remaining assets liquidated under Chapter 7, "the entity ceases to exist," said Andrea Coles-Bjerre, an ...
Motor Coach Industries (MCI) is a North American multinational bus manufacturer, specializing in production of motorcoaches. Best known for coaches produced for intercity transit and commuter buses , MCI produces coaches for a variety of applications, ranging from tour buses to prison buses .
In July 2001, Monaco Coach purchases Safari Motorcoach in the mid-model year. Some believe that SMC had expanded too rapidly coupled with poor strategic decisions and acquisitions such as bankrupt Beaver Coach Corporation that soon led to SMC′s own financial deterioration and distraction from their original success with the Trek line. [7]