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Airstreamers Converge on Lansing for Rally

June 30, 2004 by · Leave a Comment 

More than 1,700 Airstream travel trailers and motorhomes have converged on Lansing, Mich., creating a small suburb of 3,500 people near the Capital City Airport, according to the Lansing State Journal. Lansing is hosting its first Wally Byam Caravan Club International Rally, the 47th annual gathering of “silver bullet” owners from all over the United States and Canada. The paper reported that the contingent began arriving in early June, although the official date for the rally is June... Read more

RV Supplier DW Aluminum Expands Production

June 30, 2004 by · Leave a Comment 

Cassopolis, Mich.-based DW Aluminum, a supplier to the RV industry in nearby Elkhart, Ind., has been given the go-ahead for a $6 million expansion project, according to a report in the South Bend Tribune. The project will add 65,000 square feet to DW Aluminum’s 70,000-square-foot facility. The company is involved in aluminum extrusion and fabrication. According to management, the new production area will duplicate the existing facility’s equipment and manufacturing processes to double production... Read more

Kingsley Coach to Build Mobile Command Center

June 30, 2004 by · Leave a Comment 

Kingsley Coach Inc. announced today (June 30) it would be entering the Homeland Security market because it has been awarded a $1 million contract from the Maryland Department of State Police for the first Kingsley Mobile Command Center. Andover, Minn.-based Kingsley Coach, which manufactures luxury motorhomes, SURVs and specialty vehicles on semi-truck chassis, reported the contract was issued to its new Emergency Response Division. According to the company, Kingsley Coach will be delivering a customized... Read more

No Surprise as Fed Raises Interest Rates

June 30, 2004 by · Leave a Comment 

By a unanimous vote, the Federal Reserve Board today (June 30) instituted a much-anticipated hike in the federal funds rate from 1% to 1.25%, the first increase in four years. According to CBS MarketWatch, the rate increase was expected and likely will be followed immediately by banks and other lenders increasing their interest rates to customers, raising the costs of borrowing while gently braking the pace of economic growth. The benchmark prime rate, which has been at 4% since June 27, 2003, increased... Read more

Harrah’s Casino Opening Upscale RV Park

June 30, 2004 by · Leave a Comment 

Harrah’s Prairie Band Casino, located just north of Topeka, Kan., announced the opening of a “state-of-the-art” RV park on Aug. 1, offering RVers 24-hour shuttle service to and from the casino According to Harrah’s, the new park will be open year round and feature professional landscaping, paved interior roads, and 67 pull-through spaces with power and septic hook-ups. Other amenities will include two shower facilities, laundry capabilities, 24-hour security, along with optional cable... Read more

AAA Forecasts Record Travel For July 4

June 29, 2004 by · Leave a Comment 

Improved consumer confidence and a slight easing of gas prices are expected to keep Americans traveling in projected record-high numbers this July 4 holiday, according to AAA. Research conducted by the Travel Industry Association of America projects that 39.4 million Americans will travel 50 miles or more away from home this holiday, up 3.4% from the 38.2 million who traveled last year. AAA is estimating that about 34.4 million travelers, or 87%, will go by motor vehicle, a 3% increase from the 33.3... Read more

RVs, Boats Auctioned on New Website

June 29, 2004 by · Leave a Comment 

The owners of a New York state finance and insurance agency have created a wholesale Internet site to sell and auction RVs, boats and powersports equipment “It’s a business-to-business site for the recreation industry,” said Mark Taylor, principal and marketing director of Global Resources Network LLC, Schenectady, N.Y. “Dealers join on a subscription basis, and they are able to buy, sell or trade product on a national basis.” Taylor’s other company, Power Sports Outsourcing... Read more

K-Z Launches Highline Escalade Fiver

June 29, 2004 by · Leave a Comment 

K-Z Inc., a manufacturer of travel trailers, fifth-wheels and truck campers in Shipshewana, Ind., recently debuted its new highline Escalade fifth-wheel line to some 250 representatives from about 100 of K-Z’s 160 dealerships nationwide. The aluminum-and-hung-fiberglass 2005 Escalade will retail in the mid-$70,000 range, according to Bob Schroeder, sales manager. “We are hitting the highline market a little harder,” Schroeder said. “We’ve never been in the mid-$70s range before.” The... Read more

Duluth Considering RV-Friendly Ordinance

June 29, 2004 by · Leave a Comment 

An ordinance is expected to pass in Duluth, Minn., that would allow people visiting friends or family to park their RVs in private driveways and live in the vehicles during their stay. A final vote will come in less than two weeks, according to a report in the Duluth News Tribune. Under a law passed in 1943, RVs are only allowed in licensed areas and can’t be parked in front yards or in driveways on private property. Under the new ordinance, RV owners could park on private property and live... Read more

Fed Meets, Expected to Hike Interest Rates

June 29, 2004 by · Leave a Comment 

U.S. stocks strengthened Tuesday as consumer confidence rose to a two-year high and the much-anticipated Federal Reserve meeting kicked off. The open market committee meeting is expected to lead to the first interest rate hike in four years. An announcement is expected at about 2:15 p.m. Eastern time on Wednesday (June 30). Interest rates represent a key economic factor for the RV industry, which has been benefiting from the Fed’s decision to keep prime rates low to stimulate the economy. The prime... Read more

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