Indiana News

RV Company’s New Owner Plans Plant Closing

WAKARUSA, Ind. (AP): The new owner of Monaco RV 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. Allied executive Jim Meyer says the company owned by a New York-based private equity firm will work on turning around the RV company’s financial troubles.

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