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Fleetwood Donates Motorhome for Patriotic Journey

November 20, 2001 by · Leave a Comment 

Fleetwood Enterprises Inc. donated a model year 2001 Discovery Class A motorhome so a San Francisco police officer could make a patriotic journey to the former World Trade Center site in Manhattan. San Francisco Policeman Tom Price left from the Sonoma County Fairgrounds on Saturday (Nov. 17) and his goal is to arrive in New York City on Thanksgiving Day. The motorhome will be filled with letters and gifts for the families of the victims which will be picked-up at fire stations along the way. Shortly... Read more

Thor Stock Reaches New 52-week High Again

November 20, 2001 by · Leave a Comment 

Thor Industries Inc. continues to bask in the glow of its acquisition of Keystone RV Co., as indicated by the fact Thor shock reached a new 52-week high today (Nov. 20). Thor stock has reached new 52-week highs on several occasions since it completed the acquisition of towable RV manufacturer Keystone on Nov. 13. The Keystone acquisition makes Thor the leading manufacturer of travel trailers and fifth-wheels in terms of retail market share. Thor stock climbed to a new 52-week high of $37.75 a share... Read more

KOA Park Planned for Kissimmee, Fla.

November 19, 2001 by · Leave a Comment 

Kampgrounds of America (KOA) has purchased a 46-site mobile home park in Kissimmee, Fla., an Orlando suburb, and KOA will transform the property into a high-end RV park in about six months, according to the Orlando Sentinel newspaper. KOA tried to help the residents of the Kissimmee Campgrounds find new locations for their manufactured homes, but many of the residents said they still will be in a difficult predicament, according to the newspaper. KOA also provided lists of places where Kissimmee... Read more

Spartan Appoints New Chairman

November 19, 2001 by · Leave a Comment 

Diesel pusher chassis supplier Spartan Motors Inc. has appointed auto and heavy truck industry veteran David R. Wilson, 65, to be its new chairman effective next June. Wilson, an outside director of Spartan since 1996, will replace Spartan founder George Sztykiel, 71, who announced earlier that he planned to retire. Sztykiel also will give up his role as CEO effective next June. Wilson is chairman of the special Spartan Board committee conducting the search for a new CEO. Wilson currently is an independent... Read more

Fleetwood Lays Off Corporate Staff

November 19, 2001 by · Leave a Comment 

Fleetwood Enterprises Inc. laid-off 70 corporate office employees in Riverside, Calif., last Thursday (Nov. 15), the Press-Enterprise newspaper of Riverside reported. Fleetwood, a leading manufactured home and RV builder, had 550 corporate office employees in Riverside prior to the layoff last week, according to the Press-Enterprise. Most of those laid-off had jobs related to Fleetwood’s RV manufacturing operations, according to Kathy Snyder, Fleetwood’s director of investor relations, who was... Read more

Monaco Enters Campground Joint Venture

November 16, 2001 by · Leave a Comment 

Monaco Coach Corp. has entered into a joint venture with Outdoor Resorts of America (ORA) Inc. to develop three luxurious motorhome resorts in California, Nevada and Florida. The resorts will be in Indio, Calif., Las Vegas, Nev., and Naples, Fla. Each will have around 400 large landscaped lots along with golf, tennis, swimming, clubhouses with a health club and private owner’s lounge and gated security. The facilities will be completed over the next three years and the estimated value of the three... Read more

National Media Jumping on the RV Bandwagon

November 16, 2001 by · Leave a Comment 

Since Sept. 11, several RV dealers have said they have sold units to people who had never considered entering the RV lifestyle until the terrorist attacks made them reluctant to fly commercially. The New York Times picked up on that notion with a recent feature in its Fashion & Style section about young New York City or East Coast residents taking extended road trips in RVs or other land-based transportation. The article described a couple in their 30s who took a meandering trip after the woman... Read more

Good Morning America to Feature RV Lifestyle

November 16, 2001 by · Leave a Comment 

A feature about a family’s first-ever trip in an RV to avoid worries associated with air travel will begin Monday (Nov. 19) on ABC’s Good Morning America, according to Gary LaBella, spokesman for the Recreation Vehicle Industry Association (RVIA). The feature will be shown Monday through Thanksgiving morning (Nov. 22), LaBella said. The feature on Good Morning America was the result of the “RVIA’s proactive public relations initiatives,” according to LaBella. The subject of the... Read more

Jayco, Monaco and Winnebago Recall Units

November 16, 2001 by · Leave a Comment 

Jayco Inc., Monaco Coach Corp., and Winnebago Industries Inc., have begun notifying owners about recalls for certain units, according to the National Highway Traffic Safety Administration (NHTSA). Jayco recalled 12,281 model-year 1996 through 2000 Designer fifth-wheels and travel trailers. Dealers will add or replace fasteners used on the underfloor. Monaco recalled 251 model-year 2000 through 2002 Monaco Monarch and LaPalma and Holiday Rambler Admiral motorhomes that were built on Workhorse chassis.... Read more

Price Discounting Leads to Rexhall’s 3Q Loss

November 15, 2001 by · Leave a Comment 

Price discounting in the aftermath of the Sept. 11 terrorist attacks led to Class A motorhome manufacturer Rexhall Industries Inc. reporting a third quarter loss. The Lancaster, Calif.-based firm lost $655,000 during the three months ended Sept. 30, despite a 12% increase in sales revenue to $13.9 million. During the third quarter of 2000, Rexhall earned $498,000 on sales of $12.5 million. The loss for the July-through-September period was Rexhall’s first quarterly loss since 1997. After the first... Read more

Flexsteel to Consolidate Indiana Seating Production

November 15, 2001 by · Leave a Comment 

Flexsteel Industries Inc. will close its Elkhart, Ind., vehicle seat manufacturing plant next month and consolidate its Indiana vehicle seating production in its plant in nearby New Paris, Ind. The Elkhart plant will permanently close around Dec. 20 and 84 employees will be impacted by the consolidation, including 32 people who were laid-off earlier. Flexsteel, based in Dubuque, Iowa, will incur about $640,000 in net restructuring costs and potential asset impairments as a result of the consolidation,... Read more

Demographic Study of RVers Released

November 15, 2001 by · Leave a Comment 

Foremost Insurance Group recently completed a demographic study of RV enthusiasts which, among other things, revealed that 60% of travel trailer owners and 45% of motorhome owners are employed full-time. Foremost Insurance, based in Grand Rapids, Mich., surveyed over 19,000 motorhome and travel trailer owners. It has surveyed RV owners periodically since 1990. Another findings is that the use of personal computers and cellular phones is on the rise among RVers. For example, 35% of travel trailer... Read more

Thor Stock Reaches New 52-week High

November 14, 2001 by · Leave a Comment 

Investors continue to show support for Thor Industries Inc.’s acquisition of Keystone RV Co., as indicated by the fact Thor’s stock reached a new 52-week high in New York Stock Exchange trading today (Nov. 14). The positive turning of events in the war against terrorism in Afghanistan plus a government report showing a record increase in retail sales during October most likely also helped Thor and some other RV companies’ stock prices today. Thor completed the acquisition of towable RV manufacturer... Read more

Retail Show Season Ends on Upbeat Note

November 14, 2001 by · Leave a Comment 

The final RV retail show of 2001 ended Sunday (Nov. 11) in Tampa on an upbeat note, according to the Florida RV Trade Association (FRVTA) and the participating dealers who were interviewed. More than 4,600 people paid to attend the four-day FRVTA-sponsored show at the Florida State Fairgrounds in Tampa, said Dave Kelly, the FRVTA’s marketing director. That means 200 or so more people attended this year’s Tampa Bay RV Show than was the case during 2000, Kelly said. “We (the FRVTA) are very happy... Read more

Coast Distribution 3Q Loss Narrows

November 14, 2001 by · Leave a Comment 

Aftermarket accessories distributor Coast Distribution System Inc. lost $454,000 during the three months ended Sept. 30, but that represents an improvement over the $957,000 it lost during the third quarter of 2000. The company, which serves the RV and pleasure boat industries, reported its third quarter sales declined 3% to $35.9 million. During the first nine months of this year, Coast lost a total of $1.2 million, compared with $233,000 lost during the first nine moths of last year. The Morgan... Read more

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