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Thor’s K-Z Purchase Fuels Consolidation Trend

April 19, 2014 by · Leave a Comment 

The continued consolidation of the North American RV industry was underscored by Thursday’s (April 17) announcement that Thor Industries Inc. had reached an agreement to acquire Shipshewana, Ind.-based towable RV builder K-Z Inc. in a $53.4 million transaction set to close May 1. News that K-Z, led by founder and CEO Daryl Zook, was being purchased by the nation’s largest RV builder came only weeks after No. 3 Jayco Inc. bought Shipshewana’s Open Range RV Co., and a few months after Thor... Read more

Modular Home Builder Expands into RV Market

April 19, 2014 by · Leave a Comment 

You could say Midway Homes is all in the family, and this year, they will be expanding into fresh territory. The company, which originally focused on trailers and eventually moved into the business of modular homes, has been a fixture in Grand Rapids, Mich. since the 1950s, incorporating in 1969. This year, Midway Homes’ annual open house over the last weekend of April has a special twist—it’s also the grand opening of a new division selling RVs. The open house will take place on Friday,... Read more

General RV’s HQ Receives ‘Autographed’ Beam

April 19, 2014 by · Leave a Comment 

Red markers got a workout Friday (April 18) in Wixom, Mich., as 50 employees and family signed their names to the final steel beam to be placed in the new General RV headquarters now under construction. Afterwards construction workers hoisted the 30-foot beam above the crowd and attached it to the building frame, according to a report by The Daily Tribune. “We’ve come a long way since 1962,” said Loren Baidas, 39-year-old president and grandson of original owner, Abe Baidas. “We were out... Read more

Campgrounds Discover Savings in Solar Power

April 18, 2014 by · Leave a Comment 

Solar panels at Caliente Springs Resort With the solar panels installed next to Caliente Springs Resort in Desert Hot Springs, Calif., “We’re going to be generating a lot of electricity,” co-owner Timonthy Manthie told Woodall’s Campground Management. Indeed, about one megawatt of power each year. Conveniently located on top of subterranean hot springs, Caliente Springs never has to use natural gas or electricity to heat its five swimming pools and 13 hot spas. But the resort does have... Read more

Priority One is Among Tampa ‘Top Workplaces’

April 18, 2014 by · Leave a Comment 

Florida-based Priority One Financial Services Inc., a division of Forest River Inc., has been selected again as one of The Tampa Bay Times ”Top Workplaces.” According to a press release, the “Top Workplaces” are determined based solely on employee feedback. The employee survey is conducted by WorkplaceDynamics LLP, a leading research firm on organizational health and employee engagement. WorkplaceDynamics conducts regional “Top Workplaces programs” with 40 major... Read more

Baird: Winnebago Enthused by Product Debuts

April 18, 2014 by · Leave a Comment 

Editor’s Note: R.W. Baird & Co. met with Winnebago Industries Inc.’s management during this week’s dealer days in Las Vegas. The following is a synopsis of those discussions. Dealer meetings. Winnebago Management is optimistic about new product introductions and related opportunities to gain share through improved distribution infrastructure – but expects growth to be driven by retail sell-through given that the industry is in the latter stages of the restocking effect. We... Read more

RVDA Seeks Workshop Entries for Convention

April 18, 2014 by · Leave a Comment 

The Recreation Vehicle Dealers Association’s (RVDA) Convention/Expo Committee is soliciting proposals for education workshops for the 2014 RV Dealers International Convention/Expo, offering more than 50 opportunities for presentations between Tuesday and Friday before the top RV retailers in North America. The Convention/Expo, Nov. 10-14 at Bally’s on the Las Vegas Strip, is the premier education and training event for RV dealers from the U.S. and Canada. This year’s theme is “Passport... Read more

SSI: Canada Coach Sales Fall 3.4% in February

April 18, 2014 by · Leave a Comment 

A decline in Class A sales offset gains in the Class C segment as year-over-year Canadian motorhome sales edged down 3.4% in February while registrations for the two months were up 12.2%. According to the latest report from Statistical Surveys Inc., Forest River Inc. was the Canadian motorhome sales leader year-to-date, capturing a 29% market share, followed by Winnebago Industries Inc. (19.6%) and Thor Industries Inc. (17.4%). February Class A registrations dropped 29.3% while year-to-date totals... Read more

Dexter Introducing ‘Removable Spindle Option’

April 18, 2014 by · Leave a Comment 

Elkhart, Ind.-based Dexter Axle, a leading manufacturer of trailer axles and trailer brakes for over 50 years, announced the release of a removable spindle option on select Torflex axles. The removable spindle option, available on new axles, will allow trailer owners to simply remove and replace damaged spindles in the field without purchasing a new axle beam, the company stated in a press release. This new option features Dexter’s E-Z Lube grease system. “Our customers were looking for an easy... Read more

Drew Industries Will Release 1Q Results May 1

April 18, 2014 by · Leave a Comment 

Drew Industries Inc., a manufacturer of components for the recreational vehicle and manufactured housing industries, will release its first-quarter 2014 financial results before the market opens on May 1. Drew will also host a conference call on May 1 at 11 a.m. EDT to discuss the results and other business matters. Participation in the question-and-answer session of the call will be limited to institutional investors and analysts. Individual investors, retail brokers and the media are invited to... Read more

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