be updated . please update this article to reflect recent events or newly available information . august 2015 monaco coach type private traded as otc pink mcoaq industry recreation vehicle manufacturing fate acquired by navistar international later sold to allied specialty vehicles 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 allied specialty vehicles website www.monacocoach.com footnotes references 1 monaco is a recreational vehicle rv brand manufactured in decatur indiana by allied recreation group . monaco holds an iconic portfolio of popular class a diesel motorhomes including diplomat and dynasty . monaco is led by monaco president mike snell and allied recreation group president jim jacobs . allied recreation group is a subsidiary of allied specialty vehicles . 2 allied recreation group was established in 2013 following the acquisition of monaco and holiday rambler . allied recreation group is one of the leading manufacturers of class a gas class a diesel and class c gas products for fleetwood rv american coach holiday rambler monaco and trek . 3 allied recreation group maintains significant manufacturing operations including a state of the art arg factory service center in decatur indiana and coburg oregon ; and a national oem retail parts store . history edit monaco was incorporated in 1968 as the caribou manufacturing company . they began building pickup campers . the most popular line was named monaco . 4 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 president . 5 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 . 6 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 . 7 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 bankrutpcy . 8 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 . 9 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 10 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 . 11 in 2013 as part of navistar international corp. restructuring monaco rv llc was sold to allied specialty vehicles 10 references edit a b monaco coach corporation company fact sheet pdf . monaco coach corporation . retrieved 2007 11 27 . http alliedrecreationgroup.com about http alliedrecreationgroup.com monaco coach corporation legacy the fundinguniverse monaco coach corporation the register guard monaco moving to coburg site april 26 1994 monaco coach corporation may 19 1999 form 10 k the bankruptcy files door makers rv manufacturers sports museums and telecoms amlaw daily march 17 2009 the register guard monaco signs deal for asset purchase saturday april 25 2009 page a1 a b goldfield robert may 21 2013 . who wants monaco coach now . portland business journal . retrieved 24 may 2013 . the register guard monaco s case in final phase june 24 2009 v t e navistar international subsidiaries ic bus amtran ward body works defunct mwm 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