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Crane Co. Posts Improved 2Q, RV Interests Fall

July 29, 2008 by · Leave a Comment 

Stamford, Conn.-based Crane Co. reported higher net income and slightly improved sales for its second quarter, ended June 30. The highly diversified manufacturer reported that net income for the quarter grew to $59 million from $45.7 million a year ago while sales were up 5% to $693.5 million. For the six-month period, the company’s net income improved to $107.4 million from $89.4 million the previous year. Sales for the first half rose to $1.4 billion compared with $1.3 billion. Reuters reported... Read more

Coast to Coast Spurs Membership Camping

July 28, 2008 by · Leave a Comment 

Coast to Coast is launching three initiatives this summer to help attract new members and make the sales process smoother for its staff and customers. New offerings include: Coast to Coast Gold, a premium membership allowing the flexibility to make an exchange for vacation time at another participating resort around the globe. FreeView, providing non-members an opportunity to try out membership camping before signing up. A newly published Coast Resort Sales Resource Guide will provide sales process... Read more

New Products Target Formaldehyde in Trailers

July 28, 2008 by · Leave a Comment 

In response to a national controversy over formaldehyde gas and its potential effects, two Midwest companies have introduced products that they say will remove much of the controversial formaldehyde gas that may exist in new recreational vehicles and manufactured homes. Engineered Bonded Structures and Composites Inc. (EBSC), Elkhart, Ind., claims to have successfully tested T102, a product with Japanese origins that oxidizes formaldehyde so that it becomes harmless and can be applied either on the... Read more

June Shipments Fall 32%, All Segments Retreat

July 28, 2008 by · Leave a Comment 

All segments showed sharp wholesale shipment declines in June, down 31.9% in year-over-year comparisons as reported by the Recreation Vehicle Industry Association (RVIA). Overall June shipments totaled 23,500 units compared with 34,500 in 2007. For the six months, deliveries fell 17.1% to 162,500 units from 196,000 a year ago. Analysts see the downturn remaining in play into next year, as economic variables continue to stifle discretionary spending. “Lower shipments reflect reduced industry capacity... Read more

National Average Gas Price Below $4 a Gallon

July 28, 2008 by · Leave a Comment 

Gas prices declined for the 11th straight day on Monday (July 28), falling to a level not seen since May, according to a nationwide survey of filling station credit card swipes. CNNMoney. Com reported that other fuel prices also continued to fall. The price of regular unleaded gasoline at the pump slipped 1.2 cents to $3.958 a gallon on average, a daily survey from motorist advocacy group AAA revealed. A second report from Lundberg Survey Inc. showed that gasoline prices had slipped 12 cents over... Read more

Go RVing, RVIA Fight Tough Economic Forces

July 28, 2008 by · Leave a Comment 

In response to high gas prices and media hype about an emerging “staycations” trend keeping Americans home this summer, the Go RVing Coalition and Recreation Vehicle Industry Association’s (RVIA) public relations department are combining efforts to promote the “affordability and long-term value of RV travel and ownership.” Through several press releases, RVIA’s public relations team has communicated to the nation’s media that RVs are the most cost-effective way for a family to vacation,... Read more

Official Concerned Over Recycled RV Materials

July 28, 2008 by · Leave a Comment 

An Indiana lawmaker wants environmental officials to test air around a wood recycling plant to determine whether it could be emitting potentially dangerous fumes blamed for making some Gulf Coast hurricane victims sick. The Associated Press reported that Rep. Craig Fry, D-Mishawaka, has asked the Indiana Department of Environmental Management (IDEM) to hold a public hearing before renewing an air discharge permit sought by VIM Recycling Inc. in western Elkhart County. Fry said he is concerned the... Read more

Truck Cap Supplier CoverMaster Closes Down

July 28, 2008 by · Leave a Comment 

CoverMaster Inc., a truck cap supplier that once employed 100 people in Elkhart, Ind., is closing its doors. Company President James Fletcher confirmed last week to the South Bend Tribune that the company has ceased operations. Fletcher blamed gas prices as the reason. “With gas so high, people cannot afford to buy anything but gas (for their trucks),” he said. “It’s a good viable product and there are just no pickup sales. “We were one of the smaller (companies that... Read more

Exhibit Space Assigned for California RV Show

July 25, 2008 by · Leave a Comment 

Around 800,000 square feet of exhibit space has already been assigned to RV manufacturers and suppliers for RVIA’s 56th Annual California RV Show. The “Fairplex,” Los Angeles County’s Fair and Exposition building in Pomona, Calif., will once again host manufacturers and suppliers displaying the latest in RVs, products and accessories during the 10-day event set to run Oct. 10-19. RVIA reported that its board has approved a $500,000 retail advertising budget to draw attendees to this year’s... Read more

Mark Warmoth: ‘I’m Circling the Drain Here’

July 25, 2008 by · Leave a Comment 

Weekend Warrior Trailers Inc., the Perris, Calif., manufacturer that led the explosion of West Coast towable sport utility RVs, is still in business, but is on the verge of closing its doors, according to company founder and President Mark Warmoth. “I’m circling the drain here,” Warmoth said. “So far, the banks and dealers are cooperating. But everybody knows that we are probably done. Officially, we’re still here, but unofficially, we’re not going to make it.” Contrary to reports... Read more

Report: July Consumer Confidence Up Slightly

July 25, 2008 by · Leave a Comment 

U.S. consumer sentiment picked up in July, though it remains at a relatively low level, according to data released Friday (July 25). The consumer-sentiment index from the University of Michigan and Reuters hit 61.2 in July reported CBS Marketwatch. That’s up from a reading earlier in the month of 56.6 and compares with 56.4 in June. Economists surveyed by MarketWatch had expected a July result of 56.0. “Even after the small July gain, the overall level of consumer confidence is dismal... Read more

Attorney Seizes Evidence in Alleged RV Fraud

July 25, 2008 by · Leave a Comment 

An Alberta, Canada, judge granted a rare civil order Thursday (July 24) that allowed an Edmonton-area lawyer to search the home of man accused of ripping off people who bought recreational vehicles from him over the past three years. Barry King represents nine couples who have filed a $4.5-million lawsuit against Arnold Donszelmann, the owner of Leisure RV, who sold RVs to them and then agreed to lease out the vehicles on their behalf. The only problem, King said, is that Donszelmann did not have... Read more

PleasureLand Donates Coach to Make-A-Wish

July 25, 2008 by · Leave a Comment 

PleasureLand RV Center Inc., St. Cloud, Minn., donated use of a 29-foot Winnebago Outlook Class C motorhome to the Minnesota Make-A-Wish Foundation for the summer. The foundation, which grants the wishes of children with life-threatening medical conditions, is using the unit in promotional purposes for parades, baseball games and summer festivals throughout the state, said Dan Pearson, president and CEO of PleasureLand. His dealership has been an active supporter of Make-A-Wish over the years by... Read more

Coachmen Narrows 2Q Loss, RV Sales Tumble

July 24, 2008 by · Leave a Comment 

Coachmen Industries Inc. reported a narrower net loss for its second quarter, ended June 30, as “the unexpectedly rapid and deep fall in the RV markets” offset profits in the company’s housing group. Richard Lavers, president and CEO of the Middlebury, Ind.-based builder, noted that “tremendous strides in cost reductions” on the RV side helped mitigate significantly lower sales due to adverse economic conditions. “Our loss of $3 million for the quarter is obviously not what we strove... Read more

Elkhart Officials Look at Diversifying Economy

July 24, 2008 by · Leave a Comment 

Officials in Indiana’s Elkhart County are looking for ways to attract more business to the area, while trying to ease their dependence on the recreational vehicle and manufactured housing industries. The South Bend Tribune reported that in wake of the 1,400 jobs lost last How To Get Your Man Back After Broke Up week at RV maker Monaco Coach Corp., county commissioners are asking for government assistance in researching ways the county can assist the RV industry while taking on new strategies... Read more

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