WAKARUSA – Navistar tells WSBT it is actively looking for buyers for Monaco RV, and here's why: The company wants to improve its return on invested capital.
"We are not in a position that we ‘have to’ sell the business," said Steve Schrier, Navistar spokesperson.
They're not cash strapped, and it's clear operations are still underway in Wakarusa – but rumblings of sale are surfacing.
"There are three people that are looking at it, three companies," said one Navistar employee.
Over the past couple weeks, employees have seen other RV companies and a private investor touring the plant looking to possibly buy out operations.
"Are you nervous for your job?" asked a WSBT reporter.
"No, not from what they've discussed for us," that worker said.
Employees tell us they're confident, sale or no sale, they have job security.
They've been told each worker is a part of the sale package...if Navistar moves forward with a buyer.