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Keystone RV to Add New Factory and 150 Jobs

The Laredo, one of the vehicles that will be built in Keystone RV's new factory in Goshen, Ind.

The Laredo travel trailer, one of the vehicles that will be built in Keystone RV's new factory in Goshen, Ind.

Keystone RV Co. will build a new 64,000-square-foot factory on 10 acres of empty land adjacent to its Goshen, Ind., campus to assemble the Laredo travel trailer and fifth-wheel lines along with the Outback Sydney-edition fifth-wheel.

The new facility, for which the northern Indiana company will break ground later this month, is expected to be completed in January and will employ 100 to 150 workers.

The Thor Industries Inc. subsidiary currently manufactures the Laredo and Outback Sydney-edition lines in some of the other 16 plants that the company operates in Goshen and Pendleton, Ore.

Keystone President Bob Martin provided details of the expansion during an employee luncheon today (June 3) in Goshen.

During the last year, Keystone has hired about 1,000 workers and now employs just over 3,000 people, Martin told RVBUSINESS.com. That’s close to the work force the all-towable manufacturer employed before the recession.

Hiring for the new plant will begin in January, he said.

Although retail sales through March have been relatively flat throughout the industry compared to 2009, Martin said an internal sales barometer showed Keystone retail sales up 20% in May compared to the May 2009.

”Dealers are restocking their shelves,” Martin said. ”Many had very strong spring retail shows.”

Martin noted that it was June 2009 when the RV industry started to recover from the recessionary woes that plagued manufacturers, dealers and suppliers.

”It wasn’t until late June and July that there were signs that the RV industry was coming back,” Martin said.

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