A Sunshine Coast-based caravan manufacturer with about 250 employees has entered administration.
Restructuring advisory firm Cor Cordis has been appointed as administrator of Zone RV, which is headquartered at Coolum.
The appointment to Zone Manufacturing Pty Ltd and Zone RV Holdings Pty Ltd on December 1 was initiated by the director of the companies.
A media release by Cor Cordis said Zone RV is a recognised leader in the design and manufacture of premium off-road caravans.
“The administrators are conducting an urgent review of Zone RV’s financial and operational position,” it said.
“Their primary objective is to preserve value for all stakeholders, including approximately 250 employees, customers and suppliers, and to…