Mancinelli Joins Holiday Holdings

November 28, 2003 by · Comments Off on Mancinelli Joins Holiday Holdings 

John Mancinelli has left the Camping World aftermarket accessories store chain, where he was vice president of development, to join Holiday Holdings LLC, the alliance of RV dealerships formed earlier this year by Stephen Adams, non-executive chairman of Affinity Group Inc. (AGI). Mancinelli now is Holiday Holdings’ regional president responsible for the states of Kentucky, Missouri, Tennessee, Virginia, West Virginia “and other areas to be assigned,” according to Marcus Lemonis, Holiday Holdings’... Read more

Omer Kropf Buys Dutch Park

November 26, 2003 by · Comments Off on Omer Kropf Buys Dutch Park 

Recreational park trailer manufacturer Dutch Park Homes Inc., Goshen, Ind., has been personally acquired by Syracuse, Ind., businessman Omer Kropf, president of Supreme Corp., a publicly held commercial vehicle manufacturer also based in Goshen. The sale, for an unreported sum, was finalized Oct. 1. Dutch Park Homes, which employs about 45 people, manufactures mid- to high-end park trailers under the Classic and Signature brand names. Kropf purchased the company from an investor group, which had... Read more

Fleetwood Praises Bombardier Capital/Lazydays

November 26, 2003 by · Comments Off on Fleetwood Praises Bombardier Capital/Lazydays 

Fleetwood Enterprises Inc.’s RV Group has recognized Bombardier Capital Inc. as a preferred provider of wholesale financial services for its dealer community and named Lazydays RV SuperCenter of Seffner, Fla., its No. 1 single location dealer in North America for 2003. Fleetwood named Bombardier Capital a preferred dealer inventory finance source because of its continuing commitment to providing asset-based financing for business customers in the RV market. “We are committed to listening to our... Read more

Class A Wholesale Market Robust in October

November 26, 2003 by · Comments Off on Class A Wholesale Market Robust in October 

The wholesale market for Class A motorhomes expanded at a torrid 7.9% rate during October and travel trailer shipments also increased at a robust 5.7% rate during the month, according to the Recreation Vehicle Industry Association (RVIA). A total of 4,100 Class A’s were shipped from factories to dealers during October, compared with 3,800 units delivered a year earlier. Thanks in part to the strong October, Class A shipments were up 3% after the first 10 months of this year to 34,400 units, compared... Read more

Peak’s Buyer Still Plans U.S. Class C Plant

November 26, 2003 by · Comments Off on Peak’s Buyer Still Plans U.S. Class C Plant 

The likely buyer of Peak Manufacturing Inc.’s assets intends to go ahead with Peak’s plan to build the Liberty Touring Coach Class C motorhome in the U.S. “Our intentions are to make that happen,” said Blair Bondar, vice president of Winalta Inc., an Edmonton, Alberta, Canada-based builder of manufactured and modular homes in Canada and the U.S. Bondar is COO of newly formed Vanguard Manufacturing Inc., which was created by Winalta to acquire Peak’s North Battleford, Saskatchewan, plant.... Read more

Holiday Holdings to Acquire Sirpilla RV

November 26, 2003 by · Comments Off on Holiday Holdings to Acquire Sirpilla RV 

Holiday Holdings LLC, the nationwide alliance of RV dealerships formed earlier this year, will acquire Sirpilla RV Supercenter of Akron, Ohio, in January, according to Holiday Holdings President Marcus Lemonis. Sirpilla RV will have around $35 million in sales revenue this year and, in January, it will open a second location on the same property as the Camping World aftermarket accessories store in nearby Brunswick, Ohio, Lemonis added. Holiday Holdings is not a dealership roll-up or a buying group... Read more

Drew to Move to New York Stock Exchange

November 25, 2003 by · Comments Off on Drew to Move to New York Stock Exchange 

Drew Industries Inc., parent of RV industry supplier firms Lippert Components and Kinro, announced Monday (Nov. 24) that it will move its stock to the New York Stock Exchange (NYSE) which, along with a broad-based stock market rally, resulted in Drew’s shares closing at a new 52-week high Monday. Drew’s stock gained $2.23 a share in American Stock Exchange (AMEX) trading Monday to close at $27.15. Earlier in the trading session Monday, Drew’s stock set a new 52-week high of $27.37 a share. “We... Read more

Keeping Key Players Crucial to Holiday Holdings

November 25, 2003 by · Comments Off on Keeping Key Players Crucial to Holiday Holdings 

The decisions by five high-profile dealers to become regional presidents of Holiday Holdings LLC were crucial to Holiday Holdings’ acquisitions of their businesses, according to Marcus Lemonis, president of Holiday Holdings. The dealers who sold their businesses, but not the associated real estate, and who now are Holiday Holdings regional presidents are: Craig Jensen; Al Binford; Kent Lester; Randy Thompson and Mike Stier. The real business of Holiday Holdings will be conducted from the offices... Read more

Buffett’s Clayton to Buy Oakwood Homes

November 25, 2003 by · Comments Off on Buffett’s Clayton to Buy Oakwood Homes 

The assumption that high profile investor Warren Buffett’s Berkshire Hathaway Inc. would make more acquisitions in the manufactured housing industry was well-founded because Oakwood Homes Corp. announced today (Nov. 25) it will sell its operations and non-cash assets to Clayton Homes Inc., which Berkshire purchased earlier this year. Oakwood, which is in Chapter 11 bankruptcy, agreed to sell to Clayton for around $373 million in cash. The deal needs to be approved by the Bankruptcy Court, Oakwood’s... Read more

Freightliner/Chrysler to Launch Cab Chassis

November 25, 2003 by · Comments Off on Freightliner/Chrysler to Launch Cab Chassis 

A Sprinter-based cab chassis, built at DaimlerChrysler AG’s Mercedes Benz commercial vehicles plant in Dusseldorf, Germany, and shipped as a kit to the Freightliner Custom Chassis Corp. (FCCC) factory in Gaffney, S.C., for final assembly, will be available to U.S. manufacturers some time before next March 31, according to Craig Fisher, director of commercial marketing for DaimlerChrysler’s Chrysler Group. The first models will be on display at the National RV Trade Show which begins next... Read more

RV Mall Planned for Indio, Calif.

November 25, 2003 by · Comments Off on RV Mall Planned for Indio, Calif. 

Government officials in Indio, Calif., recently agreed to provide financial incentives for the development of a 25-acre RV mall along I-10, according to a spokesman for the developer, BBD LLC, an entity created by former Teton Homes Inc. owner Robert “Boots” Ingram. The RV mall will include a 23,000-square-foot Camping World accessories store, with service bays, as its anchor, according to Brian Malloy, senior vice president of Colliers Seeley International, the real estate brokerage representing... Read more

Florida Campgrounds Profiled in Canada

November 24, 2003 by · Comments Off on Florida Campgrounds Profiled in Canada 

RV campgrounds in the Orlando and St. Petersburg, Fla., areas were profiled in a recent article appearing in the Toronto Sun. The article recommended that Canadians, particularly those with young children, rent RVs and drive to Florida. That’s certainly not impractical because Toronto, Canada’s largest city, it is about as far from Florida as most parts of Michigan. Disney’s 700-acre Fort Wilderness Resort & Campground was highly recommended by the Sun for its Old West theme, lush campsites... Read more

Hertzke Says RV Age Demographic Has Expanded

November 24, 2003 by · Comments Off on Hertzke Says RV Age Demographic Has Expanded 

Winnebago Industries Inc. Chairman, President and CEO Bruce Hertzke is upbeat about the industry’s future because the popularity of the RV lifestyle now extends to people who are both younger and older than the huge Baby Boom Generation. “We used to sell to people in the 55 to 65 age group,” Hertzke said during an interview last week on, an investor-oriented website. “But people are living a lot longer and are a lot healthier, so now the age group of 65 to 75 using motorhomes is... Read more

Fifth-wheel Market Stayed Hot in September

November 24, 2003 by · Comments Off on Fifth-wheel Market Stayed Hot in September 

The retail market for fifth-wheels and travel trailers stayed red hot during September, according to Statistical Surveys Inc., an independent market research firm. Fifth-wheel retail sales increased 19.4% in September to 6,616 units sold by dealers in the 48 states from which Statistical Surveys was able to gather data, compared with 5,543 units sold by dealers during September 2002. Statistical Surveys was unable to gather New Hampshire’s data in time for its report and it does not collect Hawaii’s... Read more

Workhorse Names New President

November 24, 2003 by · Comments Off on Workhorse Names New President 

Dave Olsen, president of GVW Parts since 2001, has been named president of gas and diesel motorhome chassis supplier Workhorse Custom Chassis, a sister company of GVW Parts, the company announced today (Nov. 24). Both Workhorse and GVW Parts are subsidiaries of GVW Holdings, which is a unit of The Carlyle Group, a private equity firm. One of the reasons why Olsen was promoted was his success at integrating four separate GVW Parts aftermarket entities into one seamless organization. “Dave quickly... Read more

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