Bristol, Ind.-based LOOK Trailers announced that its Everlite cargo trailer brand has sold 500 units at retail, according to a press release.
The company reported that Everlite offers a complete line of aluminum open utility, ATV, car, snowmobile and motorcycle trailers. Trailers are available for distribution at four plants nationwide including facilities in Indiana, Georgia, Utah and Arizona.
The Everlite brand was launched in response to consumer demands for low maintenance, lightweight and affordable aluminum trailers, the company said. The line consists of models ranging in sizes from 5-wide single axle utility models up to 8.5-wide tilt-bed car haulers with a 10,000-pound GVWR. The Everlite brand also features Dexter Torflex Axles, a custom extrusion frame with uni-body construction and standard LED lighting.
Matt Arnold, president of LOOK Trailers, stated, “The fact that we have reached 500 retail sales already says a lot about the quality of the trailers and their ability to fit the needs of the consumer.”
LOOK Trailers, founded in 2010, has grown to include five manufacturing facilities across the U.S. In January 2012, LOOK resumed production of Pace American enclosed trailers after it acquired the intellectual property and certain assets from a bankruptcy auction in November 2011.
In February 2012, LOOK was named the Fastest Growing Enclosed Trailer Manufacturer by Statistical Surveys Inc. for 2011. For more information on LOOK Trailers, visit http://www.looktrailers.com.
Bristol, Ind.-based LOOK Trailers announced the launch of its Everlite line of open utility, ATV, car and motorcycle trailers for national distribution.
According to a news release, production of the new line is under way at LOOK’s recently acquired Pace American facility in Middlebury. The addition of the new line will require the hiring of 20 skilled employees.
“We are looking for skilled production aluminum MIG and TIG welders,” stated LOOK Vice President of Sales Steve Hartman. “This is an exciting addition to our growing organization and fits nicely with our long-term goals.”
The company said that the expansion is in response to consumer demands for the product as users are looking for low-maintenance, lightweight and affordable trailers. The line will consist of 16 different models ranging in size from a 5-foot wide single utility models up to 8.5-foot wide-tilt bed car haulers. Like all of the products produced by LOOK and Pace American, the Everlite brand of trailers will feature Dexter axles and come standard with LED lighting.
LOOK Trailers was started in 2010 and has grown to include five manufacturing facilities across the U.S. In January, LOOK resumed production of Pace American enclosed trailers after it acquired the intellectual property and certain assets from a bankruptcy auction in November 2011. In February of 2012 LOOK was named the fasted growing enclosed trailer manufacturer by Statistical Surveys Inc. for 2011.
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Pace American Enterprises Inc. is laying off more than 100 workers at its Middlebury, Ind., location.
Inside INdiana Business reported that in a letter to Indiana, the cargo trailer manufacturer says it has eliminated more than 250 positions among its five locations throughout the country.
Last year, the company sent a letter to the state indicating it may close in Middlebury. It also stated that it was selling all its assets, and that could prompt the closing of the Elkhart County operation.
A federal judge has granted three creditors’ request to pursue an involuntary Chapter 7 bankruptcy liquidation against Pace American. Court documents say the three are owed a total of $1.24 million.
Utility trailer manufacturer LOOK Trailers, based in Bristol, Ind., has added a new facility in Springville, Utah, according to a news release
“I am very excited to work with our entire team in Utah,” said Matt Arnold, owner of the company, which was founded in March of 2010. “We have a strong management group in place and they have completed the fabrication of our jigs and fixtures a week ahead of schedule.”
The production team, led by James Mastellar with over 16 years of cargo trailer experience, is in the process of staffing the production line to start manufacturing July 5. Cory Conlin, territory sales manager has already booked orders for this plant and is accepting new dealership applications for the Northwestern United States and Western Canada.
“It’s a pleasure to start up an operation with professionals that share our vision of quality and dedication to our customers,” Arnold said. “James and Scott Rawson, our welding lead, have impressed me with their dedication and effort starting this plant from scratch.”
LOOK is investing in infrastructure as well, having just completed installation of $20,000 in energy efficient lighting fixtures. In addition to upgrading the lighting, LOOK will be painting and repairing the building to make this location a premier cargo trailer manufacturing facility.
Contact LOOK of UT at 1-877-544-LOOK (5665) or visit the website at www.looktrailers.com.
Sun Capital Partners Inc., a private equity capital firm based in Boca Raton, Fla., has reportedly emerged as the high bidder for the assets of cargo trailer maker Pace American Inc.
The firm’s bid exceeded the bid of Industrial Opportunity Partners (IOP), another private equity firm based in Evanston, Ill. IOP was identified as the “stalking horse” leading up to the “Article 9″ auction of Pace American assets on Tuesday (June 15) in Chicago. The amount of either bid was not revealed.
Pace American, based in Bannockburn, Ill., operates cargo trailer plants in Indiana, Texas, Oregon, Georgia and Utah.
Officials with Pace American, IOP and Sun Capital were unavailable for comment.
Universal Trailer Corp. Cargo Group was recognized as the No. 1 manufacturer of enclosed trailers in 2009.
The award, as determined from data compiled by Statistical Surveys Inc., was presented to UTC Cargo Group at the National Association of Trailer Manufacturers’ (NATM) Convention and Trade Show in Reno, Nev., on March 4. UTC Cargo Group, a division of Universal Trailer Corporation, oversees both Haulmark Trailers and Wells Cargo Trailers.
UTC Cargo Group’s award was determined based on retail registration of general purpose enclosed trailers in 2009. The five categories of trailers as determined by the NATM are boat trailers, open trailers, livestock trailers, horse trailers and general purpose enclosed trailers.
“We are extremely pleased with this award,” Kevin Page, president of the UTC Cargo Group, said. “It is an honor to be the maker of the enclosed trailer that contractors, racers and recreational vehicle owners purchase more than any other brand. The customers have shown a lot of trust in our company and our products, and we look forward to returning the favor by continuing to supply America with durable, affordable trailers.”
UTC Cargo Group was formed in 2009. It encompasses Wells Cargo Trailers and Haulmark Trailers. With almost 90 years of combined experience, UTC Cargo Group produces durable cargo trailers, car trailers, jobsite trailers and recreational trailers for hauling ATVs and motorcycles at an affordable price. UTC Cargo Group manufactures its trailers in plants across the United States, and has dealers throughout the country.
Livin’ Lite Recreational Vehicles LLC this week is moving into a new 35,000-square-foot factory in Wakarusa, Ind., which replaces a temporary plant nearby that the company had been using to build RVs since an October fire destroyed Livin’ Lite’s production facility.
”It’s going to be like the Taj Mahal for us,” said Livin’ Lite President Scott Tuttle. ”We built it from scratch and we built it for our own needs, which is one blessing that came out of the fire.”
The new factory contains separate production lines for Livin’ Lite’s all-aluminum Quicksilver folding camping trailers and VRV cargo trailers and aluminum-and-composite Camp Lite travel trailers.
An Oct. 1 electrical fire in a Wakarusa factory that Livin’ Lite had moved into just that day destroyed most of the company’s production equipment.
”The timing for moving into the new factory couldn’t be better because (demand for) our product is virtually exploding,” Tuttle said. ”The biggest problem we have right now is there is more retail demand than we have dealers out there.
”In some cases, we are having to tell customers that the closest Livin’ Lite dealer is two states away. Colorado is my No. 1 state for leads and I don’t have a dealer there.”
Tuttle said that the RV industry has yet to come to terms with the emerging market for ‘automotive campers’ such as the lightweight Quicksilver that can be towed by small passenger cars and minivans. For instance, the recently introduced 6 1/2-foot long Quicksilver 6.0, one of six Quicksilver floorplans, has a 620-pound dry weight.
”This is whole new market and there are millions and millions of people out there who want to go camping but they are not going to buy a truck or SUV to tow an RV,” Tuttle said.
With traditional RV dealers reluctant to add Quicksilver to their inventories, Tuttle is turning to motorsports and cargo trailer dealers to stock his product.
Tuttle said that even during the RV industry’s downturn, demand for lightweight equipment for entry-level campers has been on the increase.
”We have been working six days a week this month in order to try to keep up with product demand,” said Tuttle, adding that June also produced Livin’ Lites’ two largest revenue weeks since the company’s founding in 2002.