(April 25, 2008) — Monaco Coach of Coburn, Ore., announced today that it had cut 600 jobs, about equally divided between its plants in Oregon and Indiana. The maker of high end motorhomes employed about 5,000 people before the layoffs. The company’s sales have declined for four consecutive years.

Two days earlier, the company detailed falling revenues over the previous year. In the first three months of 2007, the company did $332.2 million in revenues. During the same period in 2008, the company did $252.4 million in revenues.

“Plummeting consumer confidence, driving consumers to delay their purchases of new RVs, and a difficult consumer lending environment directly impacted Monaco Coach Corporation’s first quarter results and sales industry-wide,” said Kay Toolson, chairman and chief executive officer, in a press release.

This entry was posted on Friday, April 25th, 2008 at 4:20 pm and is filed under RV Sales, RV manufacturers, economy, motorhomes. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.