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N.Y. Investment Firm Buys National RV Shares

December 26, 2007 by · Leave a Comment 

A New York investment firm called Grandview LLC and managed by Millennium Management LLC has purchased 888,639 shares of National RV Holdings Inc., taking a bargain-basement-priced, 8.6% position in the holding company and its closed Perris, Calif., RV manufacturing firm, National RV Inc. Grandview paid $85,400 for the stock, according to a Securities and Exchange Commission statement filed by Millennium on Dec. 4. The SEC filing mentions no operational plan for National RV, a motorhome manufacturer... Read more

Foretravel Adds Dealer, Adopts Pricing Policy

December 21, 2007 by · Leave a Comment 

Luxury coach manufacturer Foretravel Inc. has added a new California dealership and adopted a “straight-forward” pricing policy for its 2009 models that will limit discounts from coaches’ MSRPs. “Foretravel believes that the manufacturer’s suggested retail price should mean something to the consumer,” said Foretravel President Lyle Reed. “It can be confusing and misleading to inflate an MSRP, only to have the retailer quickly and automatically volunteer a large discount.” The... Read more

DeMartini RV to Open New, Larger Operation

December 21, 2007 by · Leave a Comment 

DeMartini RV Sales’ new operation in Grass Valley, Calif., should open shortly after the first of the year, according to a report in The Union. Workers are expected to finish up air-conditioning installation, ceiling work and cleanup of the DeMartini showroom’s polished concrete in the next two weeks, longtime Grass Valley business owner Tim DeMartini said Thursday (Dec. 20). “This will be one of the finest RV stores in California,” DeMartini said. The new 28,800-square-foot... Read more

La. FEMA Trailer Purveyor Sued for Back Taxes

December 21, 2007 by · Leave a Comment 

The Louisiana Department of Revenue is suing a St. Rose company that sold $120 million worth of travel trailers to the Federal Emergency Management Agency (FEMA) in the months after Hurricane Katrina, saying it owes more than $400,000 in back taxes, interest and penalties. The Times-Picayune, New Orleans, reported that the lawsuit claims Bourget’s of the South owes the state $281,000 in taxes, plus interest and penalties from the sales. Glen Smith, a partner in the company, along with Gary... Read more

Cygnus Names New RVTD Editor, Publisher

December 21, 2007 by · Leave a Comment 

Cygnus Business Media has named Bob Carnahan as publisher and Dana Nelsen as editor for two of the company’s trade publications – RV Trade Digest and Light Truck and SUV magazines. According to a press release, Carnahan joins Cygnus with more than 15 years experience in the light truck and SUV accessory markets with eight years experience in publishing/trade shows. Previously at National Business Media, Broomfield, Colo., he worked in various capacities within the company’s automotive division.... Read more

Breckenridge Showcases ‘Glassic Flat’ Cottage

December 21, 2007 by · Leave a Comment 

Adding windows has long been a designer’s trick to imbue small spaces with light, but few have taken it to the lengths of Breckenridge’s new “Glassic Flat” recreational park trailer. According to Tim Howard, president of the Thor Industries Inc. subsidiary in Nappanee, Ind., the unique custom glass cottage was designed by noted architect Christopher Deam. “Chris had the vision for this, but I didn’t,” Howard noted. “I said ‘thanks, but no thanks.’” Some months later, however,... Read more

RVBUSINESS.com Taking Holiday Hiatus

December 21, 2007 by · Leave a Comment 

The RVBUSINESS.com website will be idle Dec. 24 and Dec. 25 as our staff observes the Christmas holiday. The site returns on Wednesday and will feature limited postings for the remainder of the week – if something breaks, we will keep you informed. Thanks to all our subscribers for a great year, and have a safe, relaxing and enjoyable holiday.  Read More →

Winnebago Posts Improved 1Q Earnings, Sales

December 20, 2007 by · Leave a Comment 

Winnebago Industries Inc. reported improved earnings and revenue for its fiscal 2008 first quarter, ended Dec. 1, while cautioning that the motorhome market would remain challenging going forward. Chairman and CEO Bruce Hertzke cited several factors that boosted performance, including an additional week in the quarter. “We were pleased with our performance during the quarter, despite difficult market conditions,” he said. “In addition to the extra week in the first quarter, our... Read more

RVIA Requires Formaldehyde Standard Labels

December 20, 2007 by · Leave a Comment 

The Recreation Vehicle Industry Association (RVIA) has established inspection standards requiring member manufacturers and suppliers to clearly mark that the raw material they use complies with the association’s new formaldehyde policy. The formaldehyde standards, adopted during an RVIA board meeting in September, apply to plywood at .2 parts per million and particle board at .3 ppm. Those limits are the same as those set by the U.S. Department of Housing and Urban Development (HUD) for manufactured... Read more

Aussie Builder Swagman Forms Dealer Network

December 20, 2007 by · Leave a Comment 

Australian RV builder Swagman Motorhomes, which is gearing up to produce its first vehicles in China next year, is poised to step up its domestic business with the rollout of its first Australian dealer network. The Gold Coast Bulletin, Queensland, reported that Swagman has teamed up with Brad Sugars, whose new company, Motorhome World, will establish dealerships in all mainland Australian capital cities and in New Zealand. Swagman chief executive Neil Ingram said the dealership rollout marked “the... Read more

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