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Liegl Looking For Another Growth Year in 2015

January 9, 2015 by · 1 Comment 

Pete Liegl When Pete Liegl talks, people listen – not only the 10,000 employees of Forest River Inc. for which he serves as president and CEO, but also the rest of the industry and those outside it in northern Indiana and elsewhere whose livelihoods are often affected by the ebbs and flows of the nation’s RV arena. And when Liegl was interviewed earlier this week, the staff of RVBUSINESS.com was also listening as he addressed the results of 2014 and a few big picture topics regarding the year... Read more

Grand Design To Build Ultra-Lightweight Trailer

January 7, 2015 by · Leave a Comment 

Middlebury, Ind.-based Grand Design RV Co., makers of the Momentum and Solitude fifth-wheels and Reflection fifth-wheel and travel trailers, will be introducing an ultra-lightweight, mid-priced travel trailer later this year that will take the company into a whole new towable category. President and CEO Don Clark, who co-owns the two-year-old company with partners Ron and Bill Fenech, told RVBUSINESS.com the builder is adding a fourth production line to one of its existing manufacturing plants... Read more

Camping World Inc. to Acquire Tom Raper RV

January 6, 2015 by · Leave a Comment 

Camping World Inc. and Good Sam Enterprises LLC announced that an agreement has been signed to acquire the existing dealership locations of Tom Raper RV’s in Richmond, Ind., and Fairfield and London, Ohio. Over the next several months, plans are for the locations to undergo renovation to feature additional service bays, a Camping World retail store and state-of-the-art collision centers preparing the dealerships to join over 100 other Camping World SuperCenter locations across the U.S. “Under... Read more

Thor Subsidiary Heartland Buying Cruiser, DRV

January 5, 2015 by · Leave a Comment 

Thor Industries Inc. today (Jan. 5) announced the acquisition of towable manufacturer Cruiser RV (CRV) and luxury fifth-wheel recreational vehicle manufacturer DRV by its Heartland Recreational Vehicles LLC subsidiary. According to a news release, the acquisition includes the purchase of equity interests as well as certain real estate used in the ongoing operations of the business. The total purchase price, paid in cash, is approximately $47.4 million, subject to post-closing adjustments. With the... Read more

‘Top 10′ RVBUSINESS.com Headlines from 2014

January 2, 2015 by · Leave a Comment 

RVIA President Richard Coon offers prognostications for 2015 at the Outlook Breakfast Every year about this time, the national media start looking for something relevant to say over the holidays and they often revert to a handy “Top 10” listing of news stories from the previous year as a cogent means of filling their pages and looking in the rearview mirror. So, we’re joining the crowd by listing the “Top 10 RV Industry Headlines from 2014,” leading off with what clearly was — hands... Read more

RVIA: Nov. Shipments up 20.9%; Best Since 2005

December 26, 2014 by · Leave a Comment 

Wholesale shipments of all RVs continued to roll in November with manufacturers reporting totals of 26,301 units, an increase a 20.9% gain over November one year ago. This was the strongest November total since 2005 and was the 35th consecutive monthly improvement dating back to January of 2012. Seasonally adjusted, November’s totals soared to an annualized rate of nearly 390,000 units, the highest monthly total all year. Year-to-date, total shipments have grown by 10.2% to 329,999 units through... Read more

Winnebago Brave/Tribute: RVB’s ‘RV of the Year’

December 22, 2014 by · 1 Comment 

Winnebago’s Brave/Tribute motorhome The main attraction at Winnebago Industries Inc.’s exhibit during the Recreation Vehicle Industry Association’s (RVIA) 52nd Annual National RV Trade Show in early December was the Forest City, Iowa-based RV builder’s new retro-style, Brave/Tribute Class A motorhome, one of the more innovative — yet nostalgic — new RVs in the North American marketplace. Like a few automotive, motorcycle and RV brands lately, Winnebago has taken its essential... Read more

Campers Inn Acquires Ga.-Based Peco Campers

December 20, 2014 by · Leave a Comment 

Kingston, N.H.-based Campers Inn announced the acquisition of Peco Campers of Tucker, Ga. The dealership, representing Campers Inn’s 10th location, will remain open and continue to operate as Peco Campers. “Our success has enabled us to grow the Campers Inn family and we are delighted to welcome the newest member, Peco Campers,” said Jeff Hirsch, CEO of Campers Inn, in a press release. “We are excited about the opportunity that comes with entering the Atlanta-metro area and proud to add... Read more

Camping World Buying Tom Johnson, Dandy RV

December 19, 2014 by · 5 Comments 

Marcus Lemonis Camping World Inc.’s 100-store-plus network of rolling stock RV dealerships has taken an appreciable step forward with the acquisitions of two high profile U.S. dealerships, Tom Johnson Camping Centers (TJCC) in Marion and Concord, N.C., and Dandy RV Superstore in Oxford, Ala., confirms Camping World Chairman and CEO Marcus Lemonis. This, of course, is big news for the industry at large, coming as it does amid an era of continuing consolidation. Tom Johnson’s, a regional powerhouse... Read more

‘Operational Challenges’ Impact Winnebago 1Q

December 18, 2014 by · Leave a Comment 

Winnebago Industries Inc. today reported a drop in net income on flat sales for the company’s fiscal 2015 first quarter, impacted by “operational challenges.” Revenues for the first quarter, ended Nov. 29, were $224.4 million, an increase of 0.8% versus $222.7 million for the fiscal 2014 first quarter. Net income was $9.9 million, or 37 cents per diluted share, versus $11.1 million, or 40 cents per diluted share, last year while operating income was $14.4 million compared to $16 million. The... Read more

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