Ameri-Camp Hopes to Grow Operations

July 31, 2006 by · Comments Off on Ameri-Camp Hopes to Grow Operations 

Syracuse, Ind., officials hope industrial growth and new jobs will result by extending utility lines to recreational vehicle builder Ameri-Camp LLC, according to a report in the Fort Wayne Journal Gazette. During a special town council meeting Tuesday (Aug. 1), the Syracuse Town Council will hear a proposal from the Elkhart County Redevelopment Commission on creating a tax increment finance, or TIF, district for Ameri-Camp, Syracuse Town Manager Jeff Noffsinger said. Ameri-Camp plans a $7.1 million... Read more

Fleetwood Offers Expansion Plan in Ky.

July 31, 2006 by · Comments Off on Fleetwood Offers Expansion Plan in Ky. 

Fleetwood Enterprises Inc. has proposed to local officials buying 20 acres and expanding its travel trailer plant in Campbellsville, Ky., according to a report in the Louisville Courier Journal. The travel trailer factory was designed to produce 450 trailers per quarter but is currently making about 1,000 units. The newspaper reported that the proposed expansion would add 150 jobs to the 219-employee plant, which has an average wage of $12.35 per hour. If approved, the project will allow the company... Read more

Fairmont Debuts Brookwood Park Trailers

July 31, 2006 by · Comments Off on Fairmont Debuts Brookwood Park Trailers 

Fairmont Park Trailers, a division of Fairmont Homes Inc., debuted the Brookwood line of park trailers in June during a month-long dealer open house. The event coincided with open houses at Fairmont Homes and sister company Gulf Stream Coach Inc. at the company’s complex in Nappanee, Ind. The Brookwood line, priced in the mid to lower end of the market, features several upscale amenities such as Whirlpool appliances, berber carpet, hardwood cabinetry, vinyl thermopane windows and architectural... Read more

Travel Trailers Pump up June Shipments

July 31, 2006 by · Comments Off on Travel Trailers Pump up June Shipments 

A robust towable segment again offset declines in motorhome wholesale shipments in June, as the Recreation Vehicle Industry Association (RVIA) reported that overall deliveries were up 11.3% to 37,400 units from 33,600 a year ago. The towable market, driven by a 23.3% increase in June travel trailer shipments, was 15.8% ahead of last year’s pace with 32,200 units delivered compared with 27,800 in 2005. Strength in the towable wholesale sector, however, is not supported by retail sales. According... Read more

RV Learning Center Receives Donations

July 31, 2006 by · Comments Off on RV Learning Center Receives Donations 

The RV Learning Center recently received several donations, according to the Recreation Vehicle Dealers Association (RVDA). Contributions include: • The Ron and Lisa Fenech Foundation Inc. donated $25,000 to the RVDA Foundation’s RV Learning Center. “At Keystone RV, we are very committed to improving our customers’ RV experience,” said Ron Fenech, president and CEO of Keystone RV Co., Goshen, Ind. “It is great to be able to support my dealer friends as we work together to improve... Read more

Coachmen Reports 2Q, 6-Month Profits

July 31, 2006 by · Comments Off on Coachmen Reports 2Q, 6-Month Profits 

While “challenging market conditions” pulled down second quarter and six-month revenues for Coachmen Industries Inc., the recreational vehicle and manufactured housing builder showed a profit during both periods compared to net losses a year ago. “In the face of difficult markets, we have put together back-to-back profitable quarters with the successful completion of many of the actions under our Intensive Recovery Plan and improvements in our housing group,” commented Claire Skinner,... Read more

Featherlite Merger Boosts Stock Price

July 28, 2006 by · Comments Off on Featherlite Merger Boosts Stock Price 

The merger of Featherlite Inc. with a subsidiary of Universal Trailer Holdings Corp. will form “the nation’s premier trailer company” which will be “more than twice as big as the nearest competitor,” according to executives. Conrad Clement, CEO of Featherlite, and Tom Frey, CEO of Cincinnati, Ohio-based Universal Trailer, speaking during a brief press conference Thursday (July 27), expanded upon their planned merger announced earlier in the day. Featherlite said shareholders will receive... Read more

Michigan Campers Migrating to RVing

July 28, 2006 by · Comments Off on Michigan Campers Migrating to RVing 

At Michigan’s Algonac State Park on the St. Clair River, the leviathans of the land meet the leviathans of the lakes. According to a report in the Detroit Free Press, thousand-foot freighters rumble by on the river, while a few yards away, a parade of massive recreational vehicles cruises the park access road, checking out the coveted front-row campsites. Visitors to Algonac, and most other Michigan State Parks, have likely noticed a lot more trailers and motorhomes in recent years. In 2001, nearly... Read more

Baird Poll: Dealers Coping in Soft Market

July 28, 2006 by · Comments Off on Baird Poll: Dealers Coping in Soft Market 

Robert W. Baird & Co., a Milwaukee, Wisc.-based investment firm that regularly tracks the recreational vehicle industry, recently released findings from a survey of 112 dealers designed to gauge dealer sentiment and trends during the second quarter. Results of the company’s “July RV Dealer Survey” showed dealers remain upbeat about the long-term market outlook despite soft retail demand and a slowing in discretionary spending. Other highlights from the Baird report include: • Retail:... Read more

Tiffin Showcases FRED in Allegro Line

July 28, 2006 by · Comments Off on Tiffin Showcases FRED in Allegro Line 

Freightliner’s front-engine diesel chassis (FRED) will be available for 2007 on most models of Tiffin Motorhomes Inc.’s previously all-gas Allegro Class A motorhome line. Tiffin debuted the new FRED-powered Allegro, retailing from $102,000, and other 2007 models during the Red Bay, Ala.-based company’s dealer meeting July 16-18 at the Marriott Denver (Col.) Tech Center. The FRED Allegro will be powered by a 5.9-liter, 300-hp Cummins engine. “The front-engine diesel has given RVers... Read more

Stocks Rally on Hopes of Rate Pause

July 28, 2006 by · Comments Off on Stocks Rally on Hopes of Rate Pause 

Evidence of a moderating economy helped stocks rally Friday as a sharp slowdown in second-quarter gross domestic product growth fed hopes for an end to rising interest rates. The Associated Press reported that investors bid shares higher after the Commerce Department said GDP growth tailed off by more than half to a 2.5% annual rate. Although the reading was weaker than forecast, the pace was considered healthy and reinforced beliefs that the Federal Reserve may not need to hike interest rates further. Wall... Read more

Featherlite Merges With Universal Trailer

July 27, 2006 by · Comments Off on Featherlite Merges With Universal Trailer 

Featherlite Inc., a manufacturer of specialty aluminum trailers, transporters and luxury motorcoaches, announced today (July 27) that it has signed a definitive agreement to merge with a subsidiary of Universal Trailer Holdings Corp. of Cincinnati, Ohio. According to a statement, Cresco, Iowa-based Featherlite will become a wholly-owned subsidiary of Universal Trailer, which produces several specialty trailer brands, including Haulmark, Exiss, Sooner and Miley. A special committee of Featherlite’s... Read more

R-Vision Boosts Monaco Towable Sales

July 27, 2006 by · Comments Off on R-Vision Boosts Monaco Towable Sales 

Monaco Coach Corp.’s acquisition of R-Vision continues to pay dividends as the Warsaw-Ind.-based manufacturer generated two-thirds of Monaco’s towable revenues in the second quarter. In a conference call following release of Monaco’s financial results on Wednesday (July 26), Kay Toolson, chairman and CEO, said R-Vision is effective in competing at price points lower than traditional Monaco products. R-Vision accounted for nearly $60 million of the $89.2 million in revenues Monaco realized from... Read more

Spartan Records Strong Second Quarter

July 27, 2006 by · Comments Off on Spartan Records Strong Second Quarter 

Spartan Motors Inc. nearly doubled its profits during the company’s second quarter, ended June 30, representing the sixth consecutive quarter of year-over-year improved earnings. The Charlotte, Mich.-based chassis builder reported second-quarter net income increased 95% to $5 million from $2.6 million a year prior on a 22% rise in sales to $109.2 million compared with $89.3 million. Through the first six months, Spartan’s earnings increased 105.8% while revenues grew 19.4%. The company attributed... Read more

Man Fatally Shot in RV Parked at Wal-Mart

July 27, 2006 by · Comments Off on Man Fatally Shot in RV Parked at Wal-Mart 

Police are investigating a deadly shooting inside an RV parked outside a Wal-Mart store in Cedar City, Utah, according to the Deseret Morning News, Salt Lake City. Police said about 9:47 p.m. Tuesday (July 25), a man had knocked on the door of an RV that was parked overnight in the store parking lot. An unidentified family of four from Cane Coral, Fla., was inside. Investigators said the man forced his way into the motorhome. “The tourists inside were in fear for their life,” Sgt. Jerry... Read more

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