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Winnebago’s Strong 3Q Translates to More Jobs

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June 15, 2012 by   Leave a Comment

A sign that Winnebago Industries Inc. had a good third quarter in fiscal year 2012 is in the numbers. And for the Northern Iowa region, that translates to employment numbers.

The Mason City Globe Gazette reported that the manufacturer needs to hire about 200 employees to add to its work force of about 2,000, Randy Potts, Winnebago’s CEO, president and chairman, said Thursday (June 14) after the third quarter fiscal year 2012 report was released.

“Most of our people are working 40 hours a week and a majority are on overtime now,” Potts said.

The overtime and the need to hire more employees is tied to the company’s performance in the third quarter, he said. The quarter ended May 26.

Winnebago, the manufacturer based in Forest City, saw its revenue increase by 14.9% to $155.7 million compared to $135.6 million in the third quarter of fiscal year 2011.

“I believe we are seeing some positive signs,” Potts said of an industry that has struggled during the recession of the past five years.

Decisions were made to make the company more efficient to allow it to handle the recession, Potts said. But now, he said, he’s focused on “looking past that. It’s time to turn the page,” Potts said.

Winnebago Industries needs to continue to improve its models with the goal to grow and gain market share in motorhomes and towables, Potts said.

 

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