Production restarts at Oregon RV plant

COBURG, Ore. (AP) - About 400 workers are back on the job at the Monaco RV plant in Coburg eight months after it shut down.

Roy Wiley, spokesman for Illinois-based Navistar International, the new parent company of Monaco RV, says the plant is producing about seven recreational vehicles a day.

Wiley said there are no indications the RV market has begun to recover, but Navistar decided to resume production about two weeks ago to build some inventory.

Monaco halted production last December after it was battered by record-high gas prices, the financial meltdown, tight credit and sagging consumer confidence in 2008.

Monaco filed for Chapter 11 bankruptcy protection in March and laid off about 2,000 workers. Navistar completed its purchase of Monaco's major assets in June, paying $47 million for plants in Coburg and nearby Harrisburg, and in Wakarusa and Milford, Ind.

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