Horizon Global Consolidating Some U.S. Operations

With the company set to announce its 2018 first-quarter earnings Thursday (May 3), officials at Horizon Global are responding to reports of consolidation in some of its domestic operations – moves that it first announced in its fiscal 2017 fourth-quarter earnings report in March. The publicly-held company – whose brands include BULLDOG, Draw-Tite, Reese, Tekonsha, […]

Cummins Reporting 21% Increase in 1Q Revenues

Cummins Inc. reported first-quarter revenues increased 21% to $5.6 billion, lifted by strong demand for trucks, construction and mining equipment. Sales in North America improved by 22% while international revenues increased by 20% led by strong growth in Europe, Latin America, China and India. “Improving demand in a number of the company’s core markets, combined […]

Winnebago Intros All-Electric Commercial Vehicle

Winnebago Industries Inc. announced the launch of an all-electric/zero-emission commercial vehicle platform through the company’s Specialty Vehicles Division. In conjunction, the company also announced a strategic partnership with Motiv Power Systems Inc., a chassis supplier for medium-duty electric vehicles, for the development and supply of electric-powered chassis. As part of the strategic partnership, Winnebago intends to make a […]

Lazydays RV Appoints Nicholas Tomashot as CFO

Lazydays Holdings Inc. today (May 1) announced that Nicholas Tomashot has been appointed chief financial officer, effective May 11.  Tomashot, the former senior vice president and general manager of the National Service Center of US Foods, will lead Lazydays’ financial, information technology and human resources operations, and will report directly to Bill Murnane, chairman and CEO. According to a […]

White House Delays Tariffs For Steel & Aluminum

The Trump administration has decided to hold off on imposing most of its tariffs on imported steel and aluminum until at least June 1. NPR reported that tariffs were scheduled to take effect at 12:01 a.m. Tuesday (May 1) on imports from Canada, the largest U.S. supplier of steel and aluminum, as well as Mexico, […]