Quote Originally Posted by don moore View Post
i like 2 miles from country coach and monaco........they are hurt bad ..they shut down the plant last month ..and have been in bank court trying to pay all the people they layed off...most banks wont cash the last paychecks ....they are hoping nav.. does buy them....me to i have a few friends that use to work there..
I knew about the shutdowns after xmas, that's why their stock crashed and its a good deal. Having a business in luxury items, campers, atvs, boats, and so on is great, but they are the first casualties in a recession. Its a shame about the jobs, my dad's company had to let go several of their guys, they were senior guys, all of their juniors were already let go before xmas. They depend on the RV industry, they make the actuators that do all the Slideouts on campers and RVs. Same actuators that were on the old satellite dishes in the backyard before the minidish. They are picking up new projects for solar panel arrays, gotta be flexible to make it. My dad's company has been through these changes before, and planned ahead to save capitol, hence they are not bankrupt right now, wish they were publicly traded.