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Thor announced that its 2nd quarter sales dropped 62 percent. Keystone RV Co. in Goshen, Indiana informed 350 workers Monday that they will be laid off in April. Jayco Inc. in nearby Middlebury, told more than 250 workers that they will be out of work in two weeks. And out West in Oregon, it looks now like Wells Fargo Bank is about to repossess assets from Country Coach to repay it for an unpaid $8 million loan. Wells Fargo and Country Coach both agree that the privately held RV maker is in default. Country Coach is in such dire straits that it is reportedly unable to pay even its electric bill; employees, fearing the worst, have been emptying their lockers.
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