Recreational vehicle maker Monaco Coach will layoff 515 workers across three plants in Indiana. The company broke the news in a notice to the state.
The cuts have already started and will continue over the next few months, affecting workers in Milford, Wakarusa and Warsaw. In the notice, Monaco officials say if they can't sell the company or obtain extra financing or capital, they may shut down all operations.
The company is based in Oregon.
For more information about Monaco visit http://www.monaco-online.com/
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