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Universal Trailer Unveils $25M High-Tech Facility

March 24, 2017 by · Leave a Comment 

Universal Trailer’s new office and production facility Universal Trailer Corp. today (March 24) unveiled a state-of-the-art manufacturing plant in Bristol, Ind., for the production of Wells Cargo and Haulmark cargo trailers. According to a press release, the $25 million-plus facility represents over two years of innovation adapted from the automotive industry to produce lighter and more durable Wells Cargo and Haulmark performance-grade cargo trailers. The new facility will employ over... Read more

Grand Design RV Helps Lift Winnebago 2Q Gains

March 22, 2017 by · Leave a Comment 

Winnebago Industries Inc. today reported strong gains in revenue and net income for its fiscal second quarter, ended Feb. 25, boosted by the company’s acquisition of towable builder Grand Design RV Co. completed in November. Towable sales rose 4% percent during the period while motorhome revenue slipped 3%. Revenues for the quarter were $370.5 million, an increase of 64.2%, compared to $225.7 million for the fiscal 2016 period. Second-quarter net income was $15.3 million, or 48 cents... Read more

RVIA Addresses Proposed Interior Dept. Cutbacks

March 21, 2017 by · Leave a Comment 

In response to the Trump administration’s release last week of a blueprint for its FY2018 budget — entitled “America First, a Budget Blueprint to Make America Great Again” — the Recreation Vehicle Industry Association (RVIA) has issued a press release cautioning against undue budget cuts, especially with regard to the Department of Interior. Offsetting a $52 billion hike in defense spending in the current federal budget proposal, RVIA points out, is a 21% decrease... Read more

Patrick Acquiring Component Supplier ‘Medallion’

March 20, 2017 by · Leave a Comment 

Patrick Industries Inc. announced today (March 20) that it has completed the acquisition of the business and certain assets of Medallion Plastics Inc. and has expanded the size and extended the maturity date of its existing credit facility.  According to a press release, Elkhart, Inc.-based Medallion is a designer, engineer and manufacturer of custom thermoformed products and components which include dash and trim panels and fender skirts for the RV market, and complete interior packages, bumper... Read more

FCCC Touting S2RV Chassis at ‘Work Truck Show’

March 16, 2017 by · Leave a Comment 

Freightliner Custom Chassis Corp.’s Bryan Henke (R) at the 2017 Work Truck Show which wraps up Friday in downtown Indianapolis Amid the busy aisles of the annual Work Truck Show, which drew an estimated crowd of about 12,000 and some 500 exhibitors to the Indiana Convention Center in downtown Indianapolis, RVBUSINESS.com caught up with a spokesman for one of a host of exhibitors who play a role in both the commercial truck and RV markets — Bryan Henke, manager of product marketing for... Read more

Slideshow: 2017 Work Truck Show Rolling in Indy

March 16, 2017 by · Leave a Comment 

(L-R) NTEA President Adam Keane with former NFL stars Terry Bradshaw and Howie Long A crowd nearing 1,500 gathered Thursday (March 16) to see new NTEA President Adam Keane lead a discussion with NFL Hall of Famers and Fox NFL analysts Terry Bradshaw and Howie Long during the 53rd President’s Breakfast as part of this week’s 2017 Work Truck Show in downtown Indianapolis. (To view a slideshow scroll to the right side of the RVBUSINESS.com home page. Photos by Shawn Spence). More than... Read more

KOA Study Sees 3.4M New Camping Households

March 15, 2017 by · Leave a Comment 

The 2017 North American Camping Report became public this morning (March 15), and it’s got a lot of good news for the camping and RVing sector, both in the short-term and over the long haul. Today’s report is the third edition of the North American Camping Report, and while each has been commissioned by Kampgrounds of America Inc. (KOA), the report goes far beyond KOA guests to survey Americans and Canadians about their thoughts on camping and to quiz campers about their desires and habits. “There’s... Read more

RVB/Wells Fargo Dealer Poll: 84% See ’17 Gains

March 13, 2017 by · Leave a Comment 

Considering the ongoing drumbeat of positive industry news — with record-breaking shipments and gate-busting retail show crowds from coast to coast — the annual RVB/Wells Fargo Dealer Survey seemed to confirm the premise that these are the best of times for the North American RV industry. Looking back at last year, 94.7% of the 77 responding dealers indicated that they were profitable in 2016, with 13.5% posting growth in excess of 20%, 18.9% gaining 15% to 20%, 21.6% picking up 10% to... Read more

FMCA to Consider Adding Towable RV Members

March 10, 2017 by · Leave a Comment 

FMCA members gathered at the Rawhide Western Town and Event Center for the 95th International Convention In an address to members Thursday (March 9) during the Family Motor Coach Association’s (FMCA) 95th International Convention, President Charlie Adcock announced that the organization is considering a proposal that would open membership of the group to towable RV owners. For all of its nearly 54 years in existence, FMCA membership has been limited to motorhome owners. The FMCA convention,... Read more

SSI: January Towable Sales Increase 5.2% YOY

March 10, 2017 by · Leave a Comment 

Year-over-year towable retail registrations grew 5.2% in January, according to the latest report from Statistical Surveys Inc. (SSI). Results by category showed: Sales for the travel trailer segment climbed 10.3% for the month. Fifth-wheel registrations edged down 3.2% in January. Folding camping trailer sales fell 15.1% for the month. Park model RV sales dropped 53.8% in January. Thor Industries Inc. was the towable sales leader in January with 46.2% share of the market, ahead of Forest River Inc.... Read more

Hugelmeyer: ‘RV Industry is Stronger Together’

March 9, 2017 by · Leave a Comment 

RVIA President Frank Hugelmeyer at RVIA Annual Meeting Speaking at the Recreation Vehicle Industry Association (RVIA) Annual Membership Meeting as part of the group’s RV Leadership Conference on March 2 at the Boca Raton Resort and Club in Boca Raton, FL, RVIA President Frank Hugelmeyer told attendees that the RV business is in a strong position. As reported by RVIA Today Express, Hugelmeyer said that the robust shipment increases of the RV market seen in 2016 are the result of a deep affinity... Read more

Camping World Acquires Safford RV in Virginia

March 8, 2017 by · Leave a Comment 

Camping World Holdings Inc. announced plans for further expansion in the state of Virginia with the acquisition of the Safford RV dealership in the Fredericksburg market. “Our two organizations have such strong synergies in terms of customer service, product offerings and geographic presence and we look forward to continuing Safford RV’s high standards of quality and service, while solidifying our leading position in the state,” said Marcus Lemonis, chairman and CEO of Camping World and... Read more

Thor Reports Record Revenue, Income For 2Q

March 7, 2017 by · Leave a Comment 

Elkhart, Ind.-based Thor Industries Inc. Monday (March 6) announced record net income and revenue for its fiscal second quarter, ended Jan. 31. Earnings during the period rose 45% to $64.8 million, or $1.23 per diluted share, while sales increased 62.9% to $1.59 billion. Gross profit increased 42.3% to $211.7 million, though gross profit margins decreased to 13.3% in the second quarter compared to 15.3% in the prior-year period, due primarily to acquisition-related dilution.  The strong growth... Read more

REV Showcases Its New Elkhart Class C Plant

March 6, 2017 by · Leave a Comment 

REV workers at company’s new Class C production facility Decatur, Ind.-based motorhome builder REV Recreation Group hosted an open house Saturday (March 4) for its newest facility, a 160,000-square-foot manufacturing complex on the northeast side of Elkhart, Ind., dedicated exclusively to Class C coach production. The all-motorized RV manufacturer, following a brief pause in Class C production last year, had unveiled a redesigned upscale C-body lineup at last September’s Elkhart RV Open House. “We... Read more

Show Topic Resurfaces at RVIA Annual Meeting

March 2, 2017 by · Leave a Comment 

Former MARVAC Executive Director Tim DeWitt receives the David J. Humphries Award at RVIA Leadership Conference Today’s (Mar. 2) morning session of the Recreation Vehicle Industry Association’s (RVIA) 2017 Leadership Conference – formerly known as the RVIA Annual Meeting – in Boca Raton, Fla., featured a flurry of good reports on the overall performance and outlook of the U.S. recreational vehicle arena. But one of the more interesting turn of events to emerge from the annual event at the... Read more

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