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Jayco’s Current Garners RVIA’s Standards Award

June 16, 2018 by · Leave a Comment 

Jayco’s Terry Current (C) with RVIA Chairman Bob Parish (L) and RVIA President Frank Hugelmeyer (R) The Distinguished Achievement in RV Standards Award honors those who have contributed to the enhancement of the industry’s standards. Terry Current, Jayco Inc.’s director of codes and standards, was the recipient of this award, which was presented at last week’s RV Industry Association’s (RVIA) Standards Steering Committee meeting in Washington, D.C. RVIA Today Express reported that... Read more

High Gas Prices Will Shorten Not Cancel Travel

June 16, 2018 by · Leave a Comment 

Even though gas prices are eating up close to 10 percent of U.S. incomes, motor club AAA said Wednesday travel plans may be scaled back, but not canceled. “Motorists can expect to spend at least $250 more on gas this season, but that won’t stop them from traveling,” AAA spokeswoman Jeanette Casselano said in a statement. The retail price for a gallon of gasoline is 58 cents higher than it was on this date last year, but has been moving slightly lower as the price of oil moves... Read more

Martin: Thor Working to Minimize Tariffs’ Impact

June 15, 2018 by · Leave a Comment 

Thor Industries Inc.’s warning about rising tariff-related costs in its third-quarter earnings report sent shares plunging to 2018 lows, but CEO Bob Martin told CNBC on Thursday that the company is finding ways to blunt the impact. (To view a video click here or scroll to the right side of the RVBUSINESS.com home page). “We thought it’d be minimal,” the CEO admitted in a “Mad Money” interview with Jim Cramer. “Today, they’re still kind of... Read more

RVIA to Host July 24-25 RVX Exhibitor Academy

June 15, 2018 by · Leave a Comment 

In preparation for the launch of the RVX: The RV Experience, slated for March 12-14, 2019, in Salt Lake City, Utah, the RV Industry Association (RVIA) is hosting the July 24-25 RVX Exhibitor Academy.   Also slated for Salt Lake City, RVIA noted in an announcement to members that the event “will be a great opportunity to familiarize attendees with the city, hotels, and all the outdoor recreation Salt Lake City has to offer.” For those unable to attend, RVIA we will be presenting a... Read more

Lippert Goshen Expansion Gains ‘TIF’ Financing

June 15, 2018 by · Leave a Comment 

Goshen Redevelopment Commission members voted 3-2 in favor of a resolution establishing the boundaries and economic development plan for a new tax increment financing district on the city’s southeast side. As reported by the Goshen News, tax increment financing, or TIF, is a tool that allows municipalities to promote economic development by capturing the increases in tax revenue generated by private development within a designated district. That captured tax revenue is then used to pay back the... Read more

Alpin Haus Officially Opens Expanded N.Y. Store

June 15, 2018 by · Leave a Comment 

Alpin Haus, one of the Northeast’s largest outdoor recreation retailers, Thursday (June 14) celebrated the grand opening of its newly expanded Saratoga County RV sales facility. According to a press release, the grand opening is the culmination of a multiyear project which transformed the Gansevort dealership and created a brand new sales office and customer lounge. The expansion adds 3,600 square feet of space to the facility and features new service bays, a new parts and accessories store,... Read more

Horizon Terminates Acquisition of ‘Brink Group’

June 15, 2018 by · Leave a Comment 

Horizon Global Corp. announced that the company and H2 Equity Partners have mutually agreed to terminate the Brink Group acquisition agreement.   According to a press release, the acquisition will be withdrawn from regulatory review in Germany and the U.K. The Brink Group manufactures tow bars, wiring kits and towing accessories.   “Both Horizon Global and the Brink Group are two strong organizations that are leaders in the towing and trailering industry in Europe,” commented Carl Bizon,... Read more

Report: Trump Approves $50B in Chinese Tariffs

June 15, 2018 by · Leave a Comment 

President Donald Trump has approved tariffs on Chinese goods worth about $50 billion, said a person familiar with the decision, ratcheting up a confrontation on trade with Beijing and triggering losses in the domestic stock market. Fortune reported that the Trump administration is preparing to release a refined list of the first batch of Chinese products to be hit with tariffs today (June 15) that hones in on technologies where China wants to establish itself as a leader, according to people... Read more

Brown & Brown is Bronze Partner at RVDA Show

June 15, 2018 by · Leave a Comment 

The Recreation Vehicle Dealers Association (RVDA) announced that Brown & Brown Insurance is returning as a Bronze Partner for the 2018 RV Dealers Convention/Expo. For eight consecutive years Brown & Brown Insurance maintains their financial backing for the premier dealer education event of the year. According to a press release, the convention/expo will take place Nov. 5-9 at Paris Las Vegas, sponsored by RVDA, RVDA of Canada, and the Mike Molino RV Learning Center. “Brown &... Read more

NTP-STAG Adds Sterling Products, Pure Essence

June 15, 2018 by · Leave a Comment 

NTP-STAG announced the addition of Sterling Global Products and Pure Essence to its sanitation category of RV products. According to a press release, Sterling Global Products offers a line of flushable wipes comprised of 100% biodegradable and dissipating material, which are infused with an all-natural, hypoallergenic, gentle formula. Sterling wipes are safe for all skin types and ages and come in dispensers made from recycled materials. They are effective on sewers, septic systems, and RV holding... Read more

Funding OKed To Gauge Rec’s Economic Impact

June 15, 2018 by · Leave a Comment 

The Outdoor Recreation Roundtable (ORR) applauded the Senate Appropriations Committee for including funding for the Department of Commerce’s Bureau of Economic Analysis (BEA) Outdoor Recreation Satellite Account (ORSA) in its FY2019 Commerce, Justice and Science markup. According to a press release, the markup set funding for ORSA at $1.5 million, meeting the funding levels necessary to survey the economic impact of the outdoor recreation industry in the coming fiscal year. The BEA, which is the... Read more

RV Care Network Supporting Cycling Challenge

June 15, 2018 by · Leave a Comment 

Canadian-based RV Care Network will be a supporter of the 1001 Kilometer Cycling Challenge from Lake Louise, Alberta, to Whistler, B.C., organized by Gold Medal Plates supporting Canada’s “Next Generation of Olympic” athletes. The 1001 km Cycle Challenge through the Canadian Rockies will run June 17-24 as 27 riders will join Olympic cyclist Curt Harnett, Canadian musician Barney Bentall, and various guests along the way. Funds raised to date have exceeded $184,000. “RV Care is... Read more

Elkhart Region Leads U.S. Job Growth Since ’09

June 14, 2018 by · Leave a Comment 

U.S. Department of Labor data shows three Indiana cities have made some of the largest employment gains in the country since the end of the Great Recession.  Bloomberg reported employment in the Elkhart-Goshen region increased by more than 41,300 jobs since 2009, the highest in the U.S. Kokomo was third overall and Columbus came in 13th. The numbers suggest unemployment in Elkhart-Goshen fell by nearly 14,000 over the last nine years. The publication came up with the figures by determining... Read more

CWRV Staff Moved by Camp Watcha Wanna Do

June 14, 2018 by · 2 Comments 

Participants at Camp Watcha Wanna Do In what participants described as an “amazing camp experience,” CWRV Transport staff spent time Wednesday (June 13) at Camp Watcha Wanna Do, a not-for-profit organization providing camping opportunities for young cancer survivors in Wolcottville, Ind. (To view a slide show of the experience, scroll to the right side of the page.) Rob Jackson, president of CWRV Transport which delivers RVs primarily for Camping World dealerships, told RVBUSINESS.com... Read more

Forbe’s: RV Stocks Attractive Following Decline

June 14, 2018 by · Leave a Comment 

Investors in the growing recreational vehicle sector had reason to feel optimistic prior to a recent decline. Forbe’s reported that shares of the two best-known U.S. RV stocks, Thor Industries Inc. and Winnebago Industries Inc., were up 170% and 180%, respectively. Shares of leading retailer Camping World Holdings had doubled in price since its 2016 IPO. But then, at the end of 2017, all three of these stocks fell out of bed. Shares of both Thor and Winnebago have lost more than a third of... Read more

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