After nearly two full years of operation, Riverside Laminations in Riverside, Calif., is profitable and growing. Sales in the second year of operation increased 75% over the first year and further growth of 25% to 50% is anticipated for year number three, the company stated in a news release.
The management team at Riverside Laminations is convinced that there is room for more growth and further success in serving the towable and motorized market.
Back in 2008 the consensus was that the RV industry was in trouble and headed for more. There were some people who saw the deep recession as a time to hunker down and play it safe.
When Nappanee RV Products closed the doors to its Riverside plant in late 2008, it left a hole in the Western market that went unfilled by local companies. The RV manufacturers in the local area sought out supplies from Indiana and alternative distributors. A few farsighted individuals saw this need in the market and stepped in to take advantage.
The new owners had little experience in the RV industry, but they knew an opportunity existed in Riverside and they stepped in to capitalize on it. They purchased the old Nappanee Plant No.3 and brought in former Nappanee employees, General Manager Jerry Mahr and Sales Manager Bob Ohlund, to re-establish operations.
As with most small start-ups the first year is often a struggle, and Riverside Laminations was no different. Offering products ranging from laminated skins to ramp doors, entry doors, bike doors and composite walls, the small company began to slowly recapture the market in the Southern California area.