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ANOTHER ONE GONE
05-01-2009, 04:26
Post: #5
ANOTHER ONE GONE
I appologize if i have offended you sir, perhaps if you read the entire article
posted below it might help, please note the date on the article that was taken
from an industry news site.
And where better to post this than on the Bluebird site????

April 30, 2009 by Bob Ashley
Coachworks Holdings Inc., Fort Valley, Ga., has shut down production of luxury
Blue Bird Wanderlodge buses and is selling off assets, according to a reliable
source.

Coachworks Holdings declined comment.

School bus manufacturer Blue Bird Corp., which sold its Class A RV and Express
seated bus business to Coachworks Holdings in 2007, issued a statement on Monday
(April 27) refuting rumors that it was going out of business. "We no longer have
a financial connection with this unrelated business entity (Coachworks Holdings)
as it is a completely separate company," the Blue Bird Corp. statement said.
"Blue Bird Corp. is as strong as ever and in excellent financial shape."

Coachworks Holdings built custom-made Wanderlodge Premier XL Class A buses,
which went back into production last fall after a year-long hiatus.

The original Blue Bird Body Co., was founded in 1927 by Albert L. Luce Sr. to
build all-steel school buses, which previously had been assembled with wood. The
Blue Bird Wanderlodge Class A motorhome was introduced in 1963, and Blue Bird
Body began building commercial buses in the 1970s.

A management group bought the Blue Bird company in 1992, and in 1999 Blue Bird
Body was sold to Great Britain-based Henlys Group PLC, which also owned Volvo
and had an ownership interest in Canada's Prevost Car Co., a Blue Bird
Wanderlodge competitor.

After running into financial problems, Blue Bird filed for bankruptcy in 2006,
after which its assets were acquired by investment firm Cerberus Capital
Management LP, the current owner of Chrysler Holdings Inc.

In 2007, Cerberus sold the Blue Bird RV and commercial bus division to
Coachworks Holdings a sister company to Complete Coach Works Inc., a 22-year-old
California company that specializes in refurbishing and selling used transit
buses.




--- In WanderlodgeForum@yahoogroups.com, "birdshill123"
wrote:
>
> I am wondering why this is being posted here ?? This is very old news as they
ceased production moanths ago and the assets were auctioned off last week?? Who
is Blubird Custom Bus??
>
> Bruce
>
> 1988 FC35
>
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Messages In This Thread
ANOTHER ONE GONE - rvwifi - 04-30-2009, 10:31
ANOTHER ONE GONE - Jack & Donna Smith - 04-30-2009, 11:43
ANOTHER ONE GONE - g_man1146 - 05-01-2009, 02:26
ANOTHER ONE GONE - birdshill123 - 05-01-2009, 02:42
ANOTHER ONE GONE - rvwifi - 05-01-2009 04:26
ANOTHER ONE GONE - Al Scudder - 05-01-2009, 05:31
ANOTHER ONE GONE - Don Bradner - 05-01-2009, 08:13
ANOTHER ONE GONE - Fred Bellows - 05-01-2009, 09:49
ANOTHER ONE GONE - Ernie Ekberg - 05-01-2009, 09:56
ANOTHER ONE GONE - Don Bradner - 05-01-2009, 10:17
ANOTHER ONE GONE - Ernie Ekberg - 05-01-2009, 10:22
ANOTHER ONE GONE - Pete Masterson - 05-01-2009, 12:12
ANOTHER ONE GONE - Ernie Ekberg - 05-01-2009, 12:18
ANOTHER ONE GONE - Fred Bellows - 05-01-2009, 14:46
ANOTHER ONE GONE - Kurt Horvath - 05-02-2009, 03:26



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