Company type | Public |
---|---|
REVG | |
Industry | Recreation vehicle manufacturing |
Founded | 1968 |
Headquarters | Decatur, Indiana- Manufacturing, Parts, & East Coast Service Center & Subsidiary Grounds; Coburg, Oregon - West Coast Factory Service Center United States |
Key people | Mike Snell, President of Monaco and Holiday Rambler; Jim Jacobs, President of Allied Recreation Group |
Products | Recreational vehicles, RV chassis |
Parent | REV Group |
Website | www |
Footnotes /references [1] |
Monaco is a recreational vehicle (RV) brand, manufactured in Decatur, Indiana, and wholly owned by REV Recreation Group. Monaco holds a portfolio of Class A diesel motorhomes. REV Recreation Group is a subsidiary of REV Group. [2]
Allied Recreation Group was established in 2013 following the acquisition of Monaco and Holiday Rambler. Allied Recreation Group is one of the manufacturers of Class A gas, Class A diesel, and Class C gas products for Fleetwood RV, American Coach, Holiday Rambler, Monaco, and Trek. [3] The company maintains manufacturing operations, including a service center in Decatur, Indiana, and Coburg, Oregon; and a parts store. The name was changed to REV Group in 2015.
Monaco Coach continues as a division of REV. [4]
Monaco was incorporated in 1968 as the Caribou Manufacturing Company by Ray Mehaffey. [4] They began building pickup campers. The most popular line was named "Monaco." [5] In 1977 the name was changed to Monaco Coach Corporation. It acquired the Roadmaster Chassis Division of Chrysler Corporation in 1984 and the Holiday Rambler Division of Harley-Davidson in 1996. In 1987 Kay Toolson was appointed company president. [6] Monaco manufactured seven brands of motorhomes and RVs, including Monaco, Beaver Motorcoach Corporation, Safari Motorcoach Corporation, McKenzie, Holiday Rambler, R-Vision, and Roadmaster Chassis. In 1994 Monaco president Kay Toolson announced they would move their Junction City operations to the Coburg Industrial Park in Eugene, Oregon. [7]
On March 4, 1996, the Monaco Coach Corporation acquired from Harley-Davidson, Inc. certain assets of Holiday Rambler (the "Holiday Acquisition") in exchange for $21.5 million in cash, 65,217 shares of redeemable preferred stock (which was subsequently converted into 230,767 shares of common stock), and the assumption of most of the liabilities of Holiday Rambler. Concurrently, the company acquired ten Holiday World dealerships for $13.0 million, including a $12.0 million subordinated. [8]
In 2005, the company had sales of approximately US$1.2 billion, and employed nearly 5,400 people. [1]
On March 5, 2009, the company filed for Chapter 11 bankruptcy. [9] On April 24, 2009, in U.S. Bankruptcy Court in Delaware, an attorney for Monaco said the company had signed an asset purchase agreement with Workhorse International Holding Co., a Navistar International subsidiary. Monaco's CEO was Kay Toolson. [10] On June 23, 2009, Judge Kevin Carey agreed to the company's request to convert its Chapter 11 bankruptcy filing to a Chapter 7 case so it could liquidate its remaining assets which included seven properties in Oregon, Indiana and Florida as well as RV resort properties in California, Nevada, Florida and Michigan were sold to multiple buyers. The order converting the case to Chapter 7 was effective June 30. 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 assistant law professor at the University of Oregon and a former bankruptcy lawyer in New York. [12]
In 2013 as part of Navistar International Corp. restructuring Monaco RV LLC was sold to Allied Specialty Vehicles [11]
Junction City is a city in Lane County, Oregon, United States. As of the 2020 United States Census, it has a population of 6,747.
Forest River Inc. is an American manufacturer of recreational vehicles, cargo trailers, utility trailers, pontoon boats, and buses.
A motorhome is a type of self-propelled recreational vehicle (RV) which is as the name suggests, like a home on wheels.
Navistar International Corporation is an American holding company created in 1986 as the successor to International Harvester. Navistar operates as the owner of International-branded trucks and diesel engines. The company also produces buses under the IC Bus brand. On July 1, 2021, Navistar became a wholly owned subsidiary of Traton, and therefore part of the Volkswagen Group.
IC Bus is an American bus manufacturer. Headquartered in Lisle, Illinois, IC is a wholly owned subsidiary of Navistar International. Established in 2002 by Navistar through the reorganization of subsidiary manufacturer American Transportation Corporation (AmTran), IC currently produces school buses and commercial-use buses for multiple applications.
Prevost, formally known as Prevost Car, is a Canadian manufacturer of touring coaches and bus shells for high-end motorhomes and specialty conversions. The company is a subsidiary of the Volvo Buses division of the Volvo Group.
American Transportation Corporation was an American manufacturer of school bus bodies. Tracing its roots to Ward Body Works, AmTran was formed in 1980 following the 1979 bankruptcy of Ward to continue bus production. In 1991, the company became a subsidiary of Navistar International, leading to a series of acquisitions of school bus body manufacturers by chassis suppliers during the 1990s.
ElDorado is an American manufacturer of cutaway buses, owned by Forest River, with its headquarters and main factory in Salina, Kansas.
Thor Industries, Inc. is an American manufacturer of recreational vehicles (RVs). The company sells towable and motorized RVs through its subsidiaries brands including Airstream, Heartland RV, Jayco, Livin Lite RV, and others. The company's headquarters is in Elkhart, Indiana. It has manufacturing facilities in Michigan, Ohio, Indiana, Idaho and Oregon.
Fleetwood RV is a producer of recreational vehicles (RVs). Founded in 1950, Fleetwood RV is part of REV Group. Rev's recreation division includes Fleetwood RV, American Coach, Monaco, Holiday Rambler, Renegade RV, Midwest Automotive Designs, and Lance Campers.
MTR Western is an American motorcoach operator active in the western United States and Canada.
Jayco Inc., a subsidiary of Thor Industries, is an American manufacturer of recreation vehicles. The company manufactures fold-down, also called "Pop-up" Camping Trailers, Conventional Travel Trailers, Toy Haulers, Fifth-Wheel Travel Trailers, and Motorhomes. Jayco is based in Middlebury, Indiana, and about three-quarters of its 3,200-person workforce is from the Amish and Mennonite communities of Indiana.
Holiday Rambler Corporation is an American corporation which primarily manufactures recreational vehicles. It was founded in 1953. In 1961, Holiday Rambler’s introduction of aluminum body framing ushered in a new era of lighter, stronger and more durable recreational vehicles (RVs). This aluminum frame (Alumaframe) became the standard for lighter and stronger RVs for 40 years. Holiday Rambler was also responsible for many firsts; built-in refrigerators, holding tanks and aerodynamic radiused corners. As Holiday Rambler moved into motorhomes, they were the first with tag axles and the kitchen slide-out revolutionized "interior engineering" in the field. Holiday Rambler was sold to Harley-Davidson in 1986 and later in 1996 to the Monaco Coach Corporation where its future, then under Navistar International Corp., was difficult in 2010 as it was for most motorhome manufacturers.
Wanderlodge is a retired series of recreational vehicles built by American bus manufacturer Blue Bird Body Company. Introduced as the Blue Bird Transit Home in 1963, the Wanderlodge was a derivative of the Blue Bird All American school bus for over year; two further generations were produced, adapting motorcoach body and chassis design.
The Wayne Lifestar is a product line of buses that was manufactured and marketed by Wayne Corporation and its successor company Wayne Wheeled Vehicles from 1986 to 1995. Produced nearly exclusively in a school bus configuration, the Wayne Lifestar used a transit-style body configuration with a front-engine chassis. Marking the return to transit-style production, the Lifestar adopted the single-piece body stampings of the Wayne Lifeguard in its construction.
Ward Body Works was an American bus manufacturer. Headquartered in Conway, Arkansas, Ward specialized in yellow school buses, alongside buses for other uses. Founded in 1933 by D.H. "Dave" Ward, the company was family-owned for nearly its entire existence.
REV Group, Inc. is an American manufacturer of ambulances, buses, commercial vehicle, firefighting vehicles, recreational vehicles and other specialty vehicles, as well as aftermarket parts and services. It provides vehicles and services for public fire departments and emergency services, as well as commercial infrastructure and leisure vehicles for consumers.
Beaver Motorcoach Corporation is a defunct American motor coach manufacturing company that was based in Oregon. The company's manufacturing plant was initially located in Bend and later moved to Coburg. After its initial bankruptcy, the Beaver Coach brand name was purchased by a series of parent companies before it finally disappeared in 2009.
Safari Motorcoach Corporation is a defunct American motor coach manufacturing company that was based in Oregon. The company's manufacturing plant was initially located in Harrisburg. The Safari Coach brand name was purchased by Monaco in 2002, however the Safari Coach name was no longer being used as of 2009.
The Safari Trek was a line of Motorhomes built by the Safari Motorcoach Corporation (SMC) based out of Harrisburg, Oregon. The Trek line was developed in the late 1980s with some early model prototypes. The first official model year began in 1991 and ended in 2001 under the Safari Motorcoach Corporation banner. In 2001 SMC was purchased by Monaco Coach who took over the production of subsequent model years. The early pre-Monaco Trek's now hold a venerated status among Safari RV enthusiasts-"Trekkies". This is in part due to the Trek's patented "Electro-Majic Bed" which provided for spacious floor plans. There was as well an exceptionally high build quality that used a riveted aluminum outer skin in lieu of the more popular tin or fiberglass, real hardwood cabinetry, and a small bus like design that made the Trek easy to drive and maneuver. In 2009 Monaco Coach filed for chapter 11 bankruptcy ending the "Safari Trek" line of motorhomes. The exact production numbers of the early pre-Monaco Treks have never been officially released, but estimated to be approximately 200 per year at peak production during the ten-year run. Much of this is derived from former employees and customers who took the factory tours that Safari Motorcoach Corporation would give to potential buyers. Since there is no official registry, it is difficult to know how many are still on the road today.