Login | Create Account
RV manufacturer's assets sold

Associated Press
 
February 5, 2010
 
JUNCTION CITY, Ore. -- It took less than an hour to auction $2.58 million worth of Country Coach motor homes that were the highlight of a marathon liquidation sale.
 
The high-end RV manufacturer founded 37 years ago in Junction City has gone out of business and its assets are being sold to satisfy creditors under order of a bankruptcy judge.
 
The crowd was standing room only on Thursday, the first day of a two-day auction. About 1,000 people registered as bidders and 300 more signed up to bid online.
 
Country Coach founder Bob Lee and his brother Ron submitted the high bid of $170,000 for the company's intellectual property. The purchase also gives Lee the rights to the Country Coach brand, but he had no comment when asked if he would consider restarting the company at some point.

Local News

K. Falls Airport runway still damaged, still no plan in place to fix it
The renovated runway began showing pockmarks in March.

Jackson Co. considers construction fee hike
Local contractors say the increase comes at the worst possible time.

Witness in Seda trial: Al-Haramain charity followed harsh form of Islam
Pete Seda is accused of smuggling $150K to Muslim fighters in Chechnya.

Coos Bay siblings get 6 years, used child to rob woman
A third suspect was committed to the Ore. State Hospital.

Same woman suspected in 2 Eugene bank robberies
Both robberies occurred in August.