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There's trouble in Junction City.

Publication: The Register-Guard (Eugene, OR)
Publication Date: 30-SEP-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: There's trouble in Junction City.(Business)(But RV maker Country Coach says it will keep taking steps to survive the industrywide slump and return to profitability)

Article Excerpt
Byline: Tim Christie The Register-Guard

JUNCTION CITY - In a sign of troubled economic times, Country Coach took the unusual step Monday of issuing a news release outlining some of the drastic steps it has taken to remain viable in the face of a brutal industry-wide slump.

The privately held company has cut its work force in half. It has obtained a $6 million infusion of capital from investors, on top of $11 million it borrowed in the form of promissory notes. It has reduced its inventory of RVs at the factory to 10.

As a result, workers who have been idled...

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