Lippert Components Inc., a wholly owned subsidiary of Drew Industries Inc., reported today (July 16) that it has started volume production of its latest product line, the Tow-N-Stow.
Pre-production units were unveiled at the National Hardware Show in Las Vegas, Nev., where Tow-N-Stow was awarded a Retailers’ Choice Award based on innovation, design and sales potential for retailers, according to a news release.
One of the innovative features of the Tow-N-Stow is that it converts from a utility trailer to an upright attractive storage unit in less than one minute. “The Tow-N-Stow is an excellent addition to the Lippert product line and is another step in our strategy to diversify into new markets,” said Jason Lippert, president and CEO of Goshen, Ind.-based Lippert Components. The unit has the capability to haul up to 1,000 pounds behind most small vehicles, providing an alternative for consumers without large SUVs and light trucks.
“An additional benefit to the Tow-N-Stow is that the product is environmentally friendly,” said Brian Donat, director of marketing for Lippert Components. “With the lightweight design of the Tow-N-Stow the consumer can expect minimal change to fuel efficiency when towing. Also, the body of the Tow-N-Stow contains 7% post-consumer material reclaimed from water bottles and recycled products. The body is 100% recyclable.”
The Tow-N-Stow product is available for online purchase and at retail locations across the United States. It will also be featured on an upcoming episode of The Learning Channel’s home improvement show, “Designing Spaces,” on Aug. 7.
Goshen, Ind.-based Lippert Components Inc. will launch a new consumer-use cargo trailer, the Tow-N-Stow, that converts and stores itself as a storage unit, at the National Hardware Show May 5-7 at the Las Vegas Convention Center. The unit’s substructure is made up of steel and composites that reinforce an outer shell consisting of a lightweight, durable polymer made from recycled product. The chassis employs a load-dampening torsion axle and steel substructure produced entirely in the U.S. at Lippert’s manufacturing plants. The unit provides nearly 50 cubic feet of lockable, watertight cargo or storage capacity. The Tow-N-Stow’s most innovative feature is its ability to convert from a cargo trailer into an upright, outdoor storage unit in less than one minute. Lippert has domestic and foreign patents pending and is beginning the manufacturing process of the Tow-N-Stow this month. The Tow-N-Stow will be available for retail distribution into home improvement and sporting goods markets. ”Fuel costs and a softening economy provide Lippert Components with a unique opportunity to offer a product that helps consumers maximize fuel conservation with smaller automobiles,” said Jason Lippert, CEO of Lippert Components, “which should be very advantageous for our customers. The Tow-N-Stow lightweight consumer trailer will also utilize our existing manufacturing capacity, making production very efficient.”