Tuesday, March 03, 2009

Another 2000 added to the unemployed list

Register Guard

After a 41 year run Monaco Coach may be closing it's business.

Monday, Monaco terminated about 2000 employees, leaving about 145 workers remaining while management continues to try to obtain new financing or capital.

The outlook for Monaco is “bleak,” but reflects what’s going on in the RV industry, said analyst Frank Magdlen, research director of the Robins Group in Portland. [No Relation :-)]
“These are not items of necessity,” Magdlen said. “They’re a luxury item.”
While that may be true, that RV's are a luxury item, there is still the cascading downward effect not only from the employees that lost their jobs, but also the business that supply parts and other support items necessary to this business.

Another example of just how Oregon legislators just don't get it, and think that the solution to the problem is to raise taxes.

5 Comments:

Blogger Bobkatt said...

While it's true these are "not items of necessity", the jobs are. This is a real disaster. Probably a lot of these poor workers came to Monaco from some other large plant that recently closed such as Hynix or Sony. It would be nice if the powers that be could use their energies to try to work with the owners of this company to convert the factory to make something more useful such as buses or other mass transit vehicles instead of buying them from Canada.

12:29 PM  
Blogger ninest123 Ninest said...

ninest123 10.14
burberry handbags, ray ban sunglasses, michael kors outlet online, replica watches, michael kors outlet, louis vuitton, uggs outlet, longchamp outlet, longchamp outlet, polo ralph lauren outlet online, michael kors outlet, uggs on sale, michael kors outlet online, oakley sunglasses wholesale, christian louboutin outlet, longchamp outlet, ugg boots, gucci handbags, uggs outlet, christian louboutin shoes, tory burch outlet, michael kors outlet online, prada handbags, tiffany and co, replica watches, louis vuitton outlet, burberry outlet, ray ban sunglasses, chanel handbags, louis vuitton outlet, louis vuitton outlet, nike air max, nike air max, oakley sunglasses, ugg boots, nike outlet, jordan shoes, oakley sunglasses, prada outlet, cheap oakley sunglasses, louis vuitton, christian louboutin, tiffany jewelry, oakley sunglasses, christian louboutin uk, michael kors outlet store, ray ban sunglasses, polo outlet

11:21 PM  
Blogger ninest123 Ninest said...

nike free run, coach outlet, burberry pas cher, new balance, polo lacoste, ray ban uk, louboutin pas cher, timberland pas cher, vans pas cher, coach outlet store online, converse pas cher, north face uk, north face, michael kors, jordan pas cher, hogan outlet, true religion jeans, nike blazer pas cher, nike air force, nike air max uk, sac vanessa bruno, air max, nike roshe, coach purses, oakley pas cher, nike tn, true religion outlet, ray ban pas cher, abercrombie and fitch uk, hollister pas cher, sac longchamp pas cher, ralph lauren uk, michael kors pas cher, longchamp pas cher, nike roshe run uk, lululemon canada, nike free uk, michael kors outlet, coach outlet, true religion outlet, guess pas cher, nike air max uk, mulberry uk, nike air max, polo ralph lauren, kate spade, true religion outlet, sac hermes, hollister uk, michael kors

11:25 PM  
Blogger ninest123 Ninest said...

p90x workout, ralph lauren, vans outlet, mont blanc pens, herve leger, soccer jerseys, hermes belt, north face outlet, babyliss, celine handbags, timberland boots, iphone 6 cases, nike air max, gucci, instyler, mac cosmetics, bottega veneta, mcm handbags, baseball bats, abercrombie and fitch, hollister, chi flat iron, louboutin, asics running shoes, wedding dresses, longchamp uk, vans, ghd hair, nike trainers uk, beats by dre, nfl jerseys, giuseppe zanotti outlet, lululemon, converse outlet, converse, nike air max, oakley, new balance shoes, ray ban, hollister, hollister clothing, nike roshe run, insanity workout, ferragamo shoes, valentino shoes, nike huaraches, north face outlet, reebok outlet, soccer shoes, jimmy choo outlet, nike free, kate spade outlet

11:27 PM  
Blogger ninest123 Ninest said...

canada goose, thomas sabo, canada goose jackets, canada goose, louis vuitton, swarovski crystal, montre pas cher, louis vuitton, toms shoes, ugg,ugg australia,ugg italia, marc jacobs, wedding dresses, lancel, ugg,uggs,uggs canada, hollister, pandora jewelry, michael kors outlet, canada goose, canada goose outlet, louis vuitton, supra shoes, doudoune moncler, pandora charms, moncler outlet, juicy couture outlet, moncler, moncler, canada goose uk, moncler outlet, louis vuitton, replica watches, links of london, doke gabbana, canada goose outlet, ugg pas cher, michael kors handbags, louis vuitton, moncler, michael kors outlet online, swarovski, barbour uk, juicy couture outlet, pandora uk, ugg, karen millen uk, ugg uk, pandora jewelry, coach outlet, moncler, moncler uk, canada goose outlet, barbour
ninest123 10.14

11:30 PM  

Post a Comment

Links to this post:

Create a Link

<< Home