Thor Finds Ways to Counteract Tariff Pressures

Thor Industries Inc.’s warning about rising tariff-related costs in its third-quarter earnings report sent shares plunging to 2018 lows, but CEO Bob Martin told CNBC on Thursday that the company is finding ways to blunt the impact. (To view a video click here or scroll to the right side of the RVBUSINESS.com home page). “We thought it’d […]

Lippert Goshen Expansion Gains ‘TIF’ Financing

Goshen Redevelopment Commission members voted 3-2 in favor of a resolution establishing the boundaries and economic development plan for a new tax increment financing district on the city’s southeast side. As reported by the Goshen News, tax increment financing, or TIF, is a tool that allows municipalities to promote economic development by capturing the increases […]

Horizon Terminates Acquisition of ‘Brink Group’

Horizon Global Corp. announced that the company and H2 Equity Partners have mutually agreed to terminate the Brink Group acquisition agreement.   According to a press release, the acquisition will be withdrawn from regulatory review in Germany and the U.K. The Brink Group manufactures tow bars, wiring kits and towing accessories.   “Both Horizon Global […]

Report: Trump Approves $50B in Chinese Tariffs

President Donald Trump has approved tariffs on Chinese goods worth about $50 billion, said a person familiar with the decision, ratcheting up a confrontation on trade with Beijing and triggering losses in the domestic stock market. Fortune reported that the Trump administration is preparing to release a refined list of the first batch of Chinese products […]