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TriMas Corp. Announces Early Tender Results

December 29, 2009 by · Leave a Comment 

TriMas  Corp. today (Dec. 29) announced, as of 5 p.m., EST, on Dec.28, it had received tenders and certain-related consents discussed below from holders of $245,626,000 in aggregate principal amount of its 9-7/8% Senior Subordinated Notes due 2012, representing approximately 95.75% of the outstanding notes. As a result of the receipt of the requisite consents, the issuer has entered into a supplemental indenture with the trustee effecting the proposed amendments to the indenture governing... Read more

November RV Shipments Continue Upward Trend

December 29, 2009 by · Leave a Comment 

Year-over-year wholesale shipments of towable and motorized RVs increased for the fourth consecutive month in November, although year-to-date they still lag 2008 orders from dealers by nearly a third, according to the Recreation Vehicle Industry Association (RVIA). Led by a 161.5% increase in fifth-wheel shipments — 3,400 units this year compared to 1,300 units last year — overall, dealers ordered 13,700 units in November, representing a 140% increase over the November 2008. Total year-to-date... Read more

SBA Lending Programs Gets 2-Month Extension

December 29, 2009 by · Leave a Comment 

Several federal initiatives to make Small Business Administration (SBA) loans more affordable, more flexible and more appealing to banks and businesses have been extended for two months after the program ran out of money because of its success. New legislation signed last week by President Obama includes $125 million to maintain the enhancements for SBA lending under this February’s $780 billion American Recovery and Reinvestment Act, or ARRA, according to the Buffalo (N.Y.) News. Those enhancements... Read more

‘RV Buddies’ Going to Florida RV Super Show

December 29, 2009 by · Leave a Comment 

“RV Buddies” will be in Tampa, Fla., Jan. 12-16  filming segments at the 25th anniversary of the FRVTA RV Super Show. “With 45 coach manufacturers showing over 1100 RVs, it’s clear why it’s called the ‘super show,'” said Mark Summers, producer and host of the show, in a news release. “There is so much to see, we are trying to keep our focus on motorized and towable products in an affordable price range. Admittedly, the mega-bus conversions are on... Read more

Museum Gives Glimpse at History of RV Industry

December 29, 2009 by · Leave a Comment 

The recreation vehicle industry celebrates its centennial in 2010, but curiosity seekers can take in the sweep of RV history any time they choose with a visit to the RV/MH Hall of Fame Museum & Library at Exit 96 on the Indiana Toll Road in Elkhart, Ind. The Recreation Vehicle/Mobile Home Heritage Foundation moved into this 56,000-square-foot facility east of Elkhart in 2007, according to The Detroit News. Inside are a theater, library, and a display of several of newest and largest motorhomes... Read more

The Economy Topped the News in 2009 in Iowa

December 28, 2009 by · Leave a Comment 

The economy was a factor in nearly everything that happened in 2009. When it wasn’t center stage, as it was in five of the Top 10 Iowa Business Stories of 2009, it was the backdrop against which all else played out, according to the Des Moines Register. Here’s the newspaper’s roundup of the most significant business news of the year. Hardly a business or industry was untouched by layoffs in 2009. Nearly all of Iowa’s major employers cut jobs, including Principal Financial... Read more

Texas Trio Opens Fast Wrap Branch in Dallas Area

December 28, 2009 by · Leave a Comment 

Fifth-wheel trailer wrapped with Fast Wrap While all hands in the area were busy wrapping the final load of presents before Christmas hit last week, a Texas trio was taking the operation to a higher level. Paul Schurr, of Frisco, and the father-son duo of Steve and Bryan Worth — of McKinney and Plano, respectively — have made wrapping their business, opening a branch of Fast Wrap in the Metroplex, according to the McKinney Courier-Gazette. Fast Wrap, the only national franchisor of shrink wrapping... Read more

RV Decline Major Oregon Newsmaker in 2009

December 28, 2009 by · Leave a Comment 

It’s the economy, stupid. That may have been the message from the 441 readers who participated in this year’s online poll for the top 10 local stories of 2009, according to The Register-Guard, Eugene, Ore. Sure, the Rose Bowl-bound University of Oregon football team has provided a delicious diversion from the fiscal anxiety that has bedeviled Lane County residents these past 12 months. Yes, controversy over when Eugene police should and should not use Taser stun guns has spurred a worthy community... Read more

Watch Today’s Featured Video on the RV Industry

December 28, 2009 by · Leave a Comment 

From YouTube comes this video from California. Six Class C motorhomes battle to the death at a demolition derby. Watch the RVs bump and bash each other until only one is still able to move. This is not pretty, but it’s entertaining. Please, do not try this with your own RV.  Read More →

PBS: Signs of Recovery in Hard-Hit Elkhart, Ind.

December 28, 2009 by · Leave a Comment 

Editor’s Note: Paul Solman, a staffer on PBS’s Newshour program, filed this update story on Dec. 23 on the status of the RV industry. Today’s Wall Street Journal reports that in the heart of unemployment country, Elkhart, Ind., things are looking up — or, more accurately perhaps, “less down.” Unemployment there now stands at 14.5%, reasonably well below its peak of 18% when we were there in March. The reason: a pick-up in the recreational vehicle industry. (Viewers... Read more

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