Nelson Appointed President, ‘Dometic Americas’

October 31, 2016 by · Leave a Comment 

Scott Nelson Dometic Group announced the appointment of Scott Nelson as regional president of Americas, effective Dec. 1. Scott succeeds Frank Marciano, who will retire after more than 25 years of service with Dometic. According to a release, Marciano will for a period of time work together with Nelson to ensure a good transition. Nelson joins Dometic Group from Sullair Corp., part of Accudyne Industries, where he most recently served as global president. “Scott Nelson is a highly suitable... Read more

Furrion Innovation Center Has Silicon Valley Vibe

October 28, 2016 by · Leave a Comment 

Artist’s rendering of Furrion’s new HQ in Elkhart Charged with oversight of Furrion LLC’s ambitious plans for its $5 million North American headquarters, Mark Lucas is able to look beyond the exposed rebar and dangling cables as construction crews continue to transform the grounds adjacent to the RV/MH Hall of Fame in Elkhart, Ind. He remains firmly focused on “the vision,” as perceived by CEO Aaron Fidler, for the aptly named Furrion Innovation Center & Institute for Technology... Read more

Camping World Acquires Minn.-Based Quality RV

October 28, 2016 by · Leave a Comment 

Camping World Holdings Inc. announced today (Oct. 27) the acquisition of Quality RV in Monticello, Minn., according to a news release. In connection with the acquisition of Quality RV, Camping World has also acquired additional land and is in the process of expanding and renovating the dealership to include a full-service Camping World retail store situated on approximately 14 acres. Camping World expects to complete renovations and open the store in December 2016. “We are eagerly awaiting... Read more

Patrick 3Q Income Up 34% on Strong RV Revenue

October 27, 2016 by · Leave a Comment 

Patrick Industries Inc. today (Oct. 26) reported that net income increased 34% for its third quarter, ended Sept. 25, boosted by strong performance in its RV segment. Net income in the third quarter totaled $12 million compared with $9 million in the third quarter of 2015, while net income per diluted share increased 36% to 79 cents from 58 cents. Patrick reported operating income of $20.1 million, an increase of 32% from $15.2 million reported in the third quarter of 2015. Net sales for the... Read more

RVIA: Sept. Shipments Best in Nearly 4 Decades

October 25, 2016 by · Leave a Comment 

Deliveries to retailers of all RVs were reported at 33,704 units in the September survey of manufacturers, 20.5% greater than this same month last year. This was the best September total in nearly four decades with significant gains recorded in all towable RVs and Class B motorhomes. Seasonally adjusted, shipments in the month of September were at an annualized rate of more than 420,000 units, considerably above industry forecasts. Year-to-date, total RV shipments to retailers have now reached 324,286... Read more

Polks’ RV Education 101 Program Gains Traction

October 22, 2016 by · Leave a Comment 

Dawn and Mark Polk North Carolina residents Mark and Dawn Polk have developed a viable niche within the RV industry’s consumer realm over the past 17 years by focusing on training RVers about the intricacies of their RVs — in consumer videos, books and product videos for RV suppliers. Although their company is called ”RV Education 101,” they’ve taken education of the RV consumer well beyond a freshman college class. Whether it’s a simple walk-through or a more complicated... Read more

FMCA Names Chris Smith as Executive Director

October 19, 2016 by · Leave a Comment 

Chris Smith The Family Motor Coach Association (FMCA) announced the promotion of Chris Smith to the position of executive director/chief financial officer effective immediately. Smith replaces Jerry Yeats who stepped down as executive director in February. According to a news release, Smith joined the association in August 2013 as director of administrative services/controller. He graduated from the University of Cincinnati with a bachelor’s in accounting. Prior to coming on board at FMCA, he served... Read more

Lazydays’ Sheehan Resigns as President & CEO

October 17, 2016 by · 1 Comment 

Tim Sheehan Lazydays RV today (Oct. 17) announced the resignation of President & CEO Tim Sheehan “for family reasons” and has named current board chairman William P. “Bill” Murnane as the new CEO, effective Dec. 1. Murname remains chairman. Sheehan, who joined 40-year-old Lazydays as CEO in April of 2013 after 28 years as an executive with Best Buy, has led an impressive era of growth for Lazydays, one of the nation’s largest RV retailers with 722 employees and stores stocking... Read more

REV Ribbon Cutting Dedicates new Visitor Center

October 14, 2016 by · Leave a Comment 

REV Recreation Group’s new visitor REV Group company officials and local leaders in Decatur, Ind., cut the ribbon this morning on the brand-new REV Visitor Center, the capstone to a $6 million expansion and renovation project. “This is a big day for us. This is the only company in this industry that is making this kind of investment,” said Jim Jacobs, REV RV Group president. “It’s showing something that none of our competitors are willing to do. This is the part of the business that’s... Read more

Towables Boost Winnebago 4Q; Income up 13.1%

October 13, 2016 by · Leave a Comment 

Winnebago Industries Inc. posted a 13.1% increase in net income for its fiscal fourth quarter, boosted by strong performance in its towable division. The report came  less than two weeks after the Forest City, Iowa-based builder announced it had signed a purchase agreement to acquire Grand Design RV Co., a leading towable manufacturer in Middlebury, Ind. Revenues for the fourth quarter, ended Aug. 27, were $263.3 million, an increase of 4.9%, compared to $251 million for the fiscal 2015 period.... Read more

Grand Design RV Produces 25,000th Towable RV

October 12, 2016 by · 1 Comment 

Grand Design RV Co. announced production of its 25,000 towable recreational vehicle. “Our first unit came off the production line in January of 2013, and in less than four years we are celebrating our 25,000th unit produced. We are excited to hit this milestone in such a short time, however, an even bigger milestone is of the 25,000 units that have been produced, more than 21,000 of these have been retail sold,” stated Don Clark, president of Grand Design RV, in a press release. “The... Read more

SSI: Towable Sales Rise 2.9% in Aug., 11.4% YTD

October 10, 2016 by · Leave a Comment 

Year-over-year towable retail registrations edged up 2.9% in August while posting an 11.4% gain for the first eight months. For the second straight month, travel trailers were the only segment to post an increase in sales. According to the latest report from Statistical Surveys Inc. (SSI), results by category showed: Sales for the travel trailer segment increased 6.2% for the month and 14.5% year-to-date. Fifth-wheel registrations declined 6.4% in August, while seeing a 3.8% gain for the... Read more

Reuters: Camping World Opens Trading on NYSE

October 7, 2016 by · Leave a Comment 

The largest U.S. recreational vehicle dealer, Camping World Holdings Inc., said it raised $251 million in an initial public offering of 11,363,636 shares of its Class A common stock on Thursday (Oct. 6). Reuters reported that Camping World will debut on the New York Stock Exchange today under the ticker symbol CWH. Camping World said in a statement that it priced 11.4 million shares at $22 apiece, the midpoint of its indicated range of $21 and $23. According to the statement, Camping World has granted... Read more

Industry Converges on RVIA’s California RV Show

October 6, 2016 by · Leave a Comment 

RVs pack the Pomona Fairplex at last year’s California RV Show The laborious “move-in” has reached the final stages as the gates at the Pomona Fairplex will open promptly at 10 a.m. on Friday (Oct. 7), ushering in the 64th running of the California RV Show. The event, which extends through Oct. 16, continues to swallow up space at the Fairplex’s expansive grounds as this year’s edition will encompass over 1 million square feet packed with 1,325 RVs on display from 47 California retailers.... Read more

Winnebago Industries to Purchase Grand Design

October 3, 2016 by · Leave a Comment 

Winnebago Industries Inc. today (Oct. 3) announced that it has entered into a definitive agreement to acquire towable manufacturer Grand Design Recreational Vehicle Co. for approximately $500 million in cash and newly issued Winnebago shares. Founded in 2012 by Don Clark, Ron Fenech and Bill Fenech, a management team with over 80 years of combined leadership experience in the RV industry, Grand Design is a fast-growing manufacturer in the towables segment with rapidly expanding market share. The... Read more

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