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Motor Coach Industries Snapshot
Do you know what John Madden and an inmate of the Los Angeles County jail have in common? Traveling in buses manufactured by Motor Coach Industries International (MCI). The company's luxury buses are up to 45-feet long and offer such comforts as full kitchens and steam showers. Inmates who travel on the company's specially secured vehicles enjoy fewer amenities. MCI also makes coaches used by public transit systems. It operates 15 sales and service centers in the US and Canada; it also sells used coaches and offers conversion shells. Citing rising fuel and steel costs, MCI filed Chapter 11 in fall 2008 and emerged in spring 2009. KPS Capital Partners acquired a controlling stake in MCI in the fall of 2010.
