Elkhart Goes National to Attract New Business

February 27, 2009 by · Leave a Comment 

The Economic Development Corporation (EDC) of Indiana’s Elkhart County recently took the message that it is “open for business” to a national level, according to a report in the Goshen News. The EDC is hoping to spread the message that businesses can and are thriving in the area, despite the overall bleak outlook President Barack Obama gave during his recent visit. An advertisement stating “Elkhart County, Indiana is Open for Business” was featured on the Times Square marquee in New... Read more

Micro-Lite Debuts All-Aluminum Vymeron Line

February 27, 2009 by · 1 Comment 

Micro-Lite Trailer Manufacturing LLC, Elkhart, Ind., has introduced the all-aluminum 17-foot Vymeron light-weight travel trailer series. “It’s meant to be a cabin on wheels,” said President Chuck Ornduff Jr. “It’s easy to maintain, easy to tow and easy to afford.” The 6 1/2-foot wide Vymeron, with a 1,250-pound dry weight, is available in three traditional and two SURV floorplans. The Vymeron Semi sports a small living area with bunk bed, a kitchen and an open 5-foot 8-inch front... Read more

Virginia Pursues Tax Revenue from Stored RVs

February 27, 2009 by · Leave a Comment 

A bill aimed at taxing recreational vehicles and boats parked inside self-storage businesses has passed the Virginia General Assembly. Del. Ben Cline, R-Rockbridge County, said he sponsored the measure because many of the stored vehicles were not being taxed because the owners live in other states, according to The News & Advance, Lynchburg. One Amherst County resident who followed the progress of HB 2289 said she was worried that the soon-to-be law could discourage many of her friends who normally... Read more

Winnebago Cuts Pay and Hours to Save Jobs

February 27, 2009 by · Leave a Comment 

Forest City, Iowa-based Winnebago Industries will cut salaries and force employees to take a week off without pay as part of a bid to reduce expenses and save jobs, the company announced Thursday (Feb. 26). The Des Moines Register reported that most salaried employees will see their pay reduced by 3% beginning March 1, according to documents filed with the U.S. Securities Exchange Commission. Vice presidents will lose 10% of their paychecks. Chairman and Chief Executive Bob Olson, who received a... Read more

Molino Outlines Activities in Washington, D.C.

February 27, 2009 by · Leave a Comment 

Editor’s Note: The following is a note to members from Recreation Vehicle Dealers Association (RVDA) President Mike Molino outlining ongoing activities in Washington, D.C., to improve conditions in the RV industry. Indiana Rep. Joe Donnelly, D-Granger, was the leader in getting the motorhome sales tax deduction included in the stimulus package. This week, the American Recreation Coalition’s (ARC) Executive Committee – Recreation Vehicle Industry Association (RVIA) President Richard Coon,... Read more

Curtin Downgrades ’09 Forecast, Sees 45% Drop

February 27, 2009 by · Leave a Comment 

The ongoing recession coupled with a “credit freeze” will continue to handcuff the recreational vehicle industry this year as economist Richard Curtin, director of Consumer Surveys at the University of Michigan, revised downward his estimates to reflect a 45% decline from 2008. In the Spring 2009 Issue of Roadsigns, Curtin estimated total shipments would retreat to 130,100 units from 237,000 last year. In November, he forecast 2009 shipments of 186,600 units. A breakdown by segment for projected... Read more

RVIA to Host Series of Seminars on Key Issues

February 27, 2009 by · Leave a Comment 

The Recreation Vehicle industry Association (RVIA) is hosting a series of seminars for members focused on significant issues facing the industry, including economic and financial topics, the new California Air Resource Board CARB regulations and plans for the association’s upcoming 2009 trade shows. The event is scheduled for March 11 at the Century Center in South Bend, Ind. There will be four seminars presented at the event, which is open to personnel of RVIA member companies. The presentations... Read more

Country Coach to Address Future Next Week

February 26, 2009 by · Leave a Comment 

Management of Junction City, Ore.-based Country Coach LLC hopes to have an answer for employees, customers and investors about the company’s future next week. “The company, Wells Fargo Bank and our investors all continue to meet and have discussions on a regular basis looking for a mutually acceptable solution for all parties involved both secured and unsecured,” Matt Howard with Country Coach told KVAL News. “Country Coach management continues to work diligently towards a... Read more

RV Sales Tax Exemption Passes Indiana House

February 26, 2009 by · Leave a Comment 

The struggling Elkhart County recreational vehicle manufacturing industry is one step closer to receiving relief, as Indiana House Bill 1490 passed third and final reading by a vote of 99-0. According to Inside Indiana Business, the bill would exempt sales tax on recreational vehicles and cargo trailers for out-of-state consumers. Reps. Wes Culver (R-Goshen), Tim Neese (R-Elkhart) and Jackie Walorski (R-Jimtown), who represent Elkhart County in the Indiana House, have been strong proponents of the... Read more

Damon Receives ‘Above and Beyond’ Award

February 26, 2009 by · Leave a Comment 

Damon Motor Coach, a Thor Industries Inc. subsidiary, has been awarded the “Above and Beyond Award” by the U.S. Department of Defense. According to a press release, the award is presented to those employers that “demonstrate exceptional support for national defense by adopting policies that make it easier for employees to participate in the National Guard and Reserve.” Damon was chosen from 1,000-1,500 employers to receive this award and was nominated by Staff Sgt. David Bernard. Bernard... Read more

Thor Credit Targeting Spring for Official Launch

February 26, 2009 by · Leave a Comment 

Thor CC Inc., dba Thor Credit Corp., Irvine, Calif., the new retail lender formed by RV manufacturer Thor Industries Inc., intends to make credit available to “prime” and “super-prime” consumers at some 1,600 Thor and MVP RV Inc. dealers beginning this spring. “We have opened an office and formed a corporation, and we are running a couple of parallel paths,” said Thor CC President Ed Arienti. Arienti reported that the company is going through the procedures needed to extend credit in... Read more

January Wholesale Shipments Show 71% Slide

February 26, 2009 by · Leave a Comment 

January RV wholesale shipments reflected a continuation of last year’s contraction with deliveries falling 70.7% and every sector posting sharp declines in year-over-year comparisons. According to the Recreation Vehicle Industry Association (RVIA), overall January shipments totaled 7,300 units compared with 24,900 in the prior year. Industry experts have pointed to the lack of floorplan financing as a key contributor to the dropoff in wholesale shipments as dealers are unable to replace the product... Read more

Towable Dealers Feel Left Out of Stimulus Plan

February 26, 2009 by · Leave a Comment 

Recreational vehicle dealers in the Kansas City, Mo., area are worried the government’s $787 billion stimulus bill may not stimulate many sales in their troubled industry. The Kansas City Star reported that a key provision of the bill grants a federal tax deduction applicable on the first $49,500 paid for a new car, truck or motorhome. But language was stripped from the bill that would have extended that tax break to non-motorized trailers, fifth-wheels and other towed camper units. Those units... Read more

Learning Center Seeks Scholarship Applications

February 26, 2009 by · Leave a Comment 

The RV Learning Center is now accepting applications for its 2009-2010 scholarship program. According to a press release, the program awards $2,500 scholarships to deserving college sophomore, junior, and senior undergraduate students majoring in business, finance, economics, accounting, or other RV related subjects. The scholarship program is possible through donations from the Newt and Joanne Kindlund Family, which fully funded the $270,000 scholarship endowment. The Kindlunds are the founders... Read more

Monaco, Country Coach Workers Still in Limbo

February 25, 2009 by · Leave a Comment 

Dan Peterson has worked at Monaco Coach Corp. in Coburg, Ore., the past 9½ years. But he’s spent the last 2½ months at home, in limbo, waiting for the RV factory to resume production. The Register-Guard reported that he and his wife, who lost her job last month, have been scraping by, cutting their household budget and surviving on unemployment checks while waiting out a furlough that began in early December. “It’s kind of harsh,” Peterson said. “It’s hard, worrying about losing the... Read more

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