Winnebago Income up 21.8% in 4Q, 41% for Year

October 16, 2014 by · Leave a Comment 

Winnebago Industries Inc. today (Oct. 16) reported double-digit gains in fourth-quarter revenue and earnings, boosted by continued strength in its motorhome division coupled with improved profitability from the company’s towable unit. Revenue for the fiscal 2014 fourth quarter, ended Aug. 30, increased 14.8% to $245.9 million versus $214.2 million for the fiscal 2013 fourth quarter. During the period, net income grew 21.8% to $12.9 million and diluted earnings per share increased 26.3% to 48... Read more

Pomona Show’s Traffic Up 8% on First Weekend

October 13, 2014 by · Leave a Comment 

Attendees check out product and events at the Pomona Show Amid a recovering Golden State economy, the Recreation Vehicle Industry Association’s (RVIA) 62nd Annual California RV Show at the Fairplex in Pomona saw an 8% increase in attendance during its first weekend. ”The economy in California is starting to see the improvement that other states already have seen,” said Tom Gaither, RVIA’s western show director. ”We got hit pretty hard out here during the Great Recession.... Read more

SSI: Motorhome Sales Increase 11.5% In August

October 11, 2014 by · 1 Comment 

August motorhome retail registrations grew 11.5% compared to the same period a year ago while sales increased 13.8% year-to-date, according to the latest report by Statistical Surveys Inc. (SSI). Forest River Inc. was the sales leader for the first eight months with a 25.5% market share, edging out No. 2 Thor Industries Inc. which captured a 24.4% share. Winnebago Industries Inc. was third with a 21.1% share. The Class A motorhome market posted a 7.8% gain in August and a year-to-date increase of... Read more

Rose Details EverGreen’s Acquisition of Skyline

October 9, 2014 by · Leave a Comment 

  Kelly Rose In the wake of Wednesday’s (Oct. 8) announcement that EverGreen Recreational Vehicles LLC was acquiring the RV assets of Skyline Corp., the Middelbury, Ind.-based towable RV builder has been moving quickly to integrate Skyline employees and get new product to market under the EverGreen badge. Chairman Kelly L. Rose told that around 100 production, purchasing and salespeople working out of Skyline’s RV division facilities on Indiana 15 in Bristol were “terminated,”... Read more

Detroit RV Show Sees Record Gate, Strong Sales

October 7, 2014 by · Leave a Comment 

MARVAC’s Bill Sheffer The 25th Annual Fall Detroit Camper & RV Show, Oct. 1-5 at the Suburban Collection Showplace in Novi, Mich., had another successful run. Organizers reported attendance figures totaled 12,000 people, up from last year’s record numbers. “We were extremely pleased with the turnout,” said Bill Sheffer, director of the Michigan Association of Recreation Vehicles and Campgrounds (MARVAC) which annually sponsors the show. “There was an increase in attendance and... Read more

Keystone Automotive Finalizes Stag Acquisition

October 6, 2014 by · Leave a Comment 

In yet another RV industry consolidation move, NTP Distribution Inc. parent Keystone Automotive Operations Inc. is acquiring Atlanta-based Stag-Parkway Inc., the nation’s largest distributor of RV aftermarket parts and accessories. “That’s confirmed,” Jane Donnelly marketing director for NTP, the country’s second largest distributor, told “I believe the deal closed Friday.”The news was spreading quickly today as a letter from NTP Vice President and General Manager Joe... Read more

HUD Rule Interpretation Threatens Park Models

October 3, 2014 by · 1 Comment 

Porches are common features on the outsides of park model RVs, used by many campgrounds as rental units. On Oct. 1, the U.S. Department of Housing and Urban Development’s (HUD) Office of Manufactured Housing Programs  Administrator Pamela Danner issued a memorandum regarding the way in which park model RVs (PMRVs) are measured, effectively rolling back decades of precedent and threatening the future of the RV class. According to a statement issued by the Recreation Vehicle Industry Association... Read more

RV Firms Unite to Donate Coach to ‘ARK Project’

October 2, 2014 by · Leave a Comment 

From left, Jesse Moore, Dalton Lemert, Jacob Thatcher, Alex Radelich and Theodore Thatcher. A host of RV industry companies are donating a motorhome to a group of college-aged men on a mission to “inspire an epidemic of kindness in our society.” Lippert Components Inc., Thor Motor Coach, Atwood Mobile Products LLC, Patrick Industries Inc., Dicor Corp. and MITO Corp. have teamed up to donate a new motorhome to ARK Project Now, a grassroots organization determined to commit Acts of Random Kindness... Read more

Skyline Responds to Cavco’s Interest to Acquire

October 1, 2014 by · Leave a Comment 

Editor’s Note: The following is an official statement from Skyline Corp. responding to Cavco Industries Inc.’s Sept. 26 announcement of its “interest in acquiring” the longtime Elkhart, Ind.-based manufactured housing and RV builder. Click here to view Cavco’s statement, which was issued shortly after news of a tentative agreement for Skyline to sell its RV interests to EverGreen Recreational Vehicles LLC. Click here to view the Skyline/EverGreen story posted on Skyline... Read more

RVIA Elects Jayco’s Derald Bontrager Chairman

September 30, 2014 by · Leave a Comment 

Outgoing RVIA Chairman Doug Gaeddert passes gavel to Derald Bontrager Derald Bontrager, president and CEO of Jayco Inc., was elected Recreation Vehicle Industry Association (RVIA) chairman for fiscal year 2015 during the association’s board of meeting on Sept. 24 at The St. Regis Aspen Resort in Aspen, Colo. RVIA reported in a press release that Bontrager succeeds Doug Gaeddert, general manager for Forest River Inc., who served in the position the past two years. “The board has elected one of... Read more

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