Sherman Goldenberg Thor Industries Inc. by and large, exceeded expectations in yesterday’s (June 8) 3Q financial report by turning a profit and otherwise generating positive net cash from operations during a stanza (ended April 30) that President and CEO Bob Martin described as “one of the most unusual quarters I have ever experienced.” Speaking on the headwinds […]
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EDITOR’S NOTE: The following is an excerpt of the article that will be published in full in the July/August edition of RVBusiness magazine. Click here for a free subscription to the print edition of RVBusiness magazine. As luck would have it, New Jersey RV dealers John and Jim Lenzo were able to complete construction work […]
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Add Tiffin Motorhomes Inc. to the growing list of North American RV builders that are successfully resetting their respective gameplans on the backside of this spring’s pandemic shutdowns. That’s the word from the senior management of the family-held, Red Bay, Ala.-based firm, one of the first to reopen its doors in mid-April. Spokesmen for Tiffin, […]
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The big news in the North American RV industry today (May 15) is that several leading recreational vehicle builders have been exceeding expectations in terms of production rates after resuming operations in recent weeks. In fact, since reopening the doors to its U.S. manufacturing operations only two weeks ago (May 4) as well as its […]
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Add Lippert Components Inc. (LCI) to the growing list of RV industry companies that have publicly announced plans to reopen their doors in a significant way on May 4 after multi-week shutdowns prompted by 2020’s coronavirus pandemic, LCI CEO Jason Lippert confirmed this morning (April 22). In fact, 11,000-employee LCI plans on restarting most all […]
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Spartan Chassis, a division of Charlotte, Mich.-based Spartan Motors, is eyeing May 4 for resuming production, Spartan Specialty Vehicles President Steve Guillaume told RVBusiness.com today (April 14). “Our plan is for Plant #7, which is our motorhome chassis line, to start back up on May 4, which is consistent with what the coach manufacturers are […]
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Fun Town RV, a 13-facility dealership based in Cleburne, Texas, has encountered a newfound market for emergency housing for the homeless and others impacted by the current coronavirus outbreak by selling hundreds of units to Lone Star State cities over the past couple of weeks, reports Jarrod McGhee, CEO and owner. “I’ve had several municipalities […]
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There’s no question that the American economy –— and the RV industry along with it — have taken a serious beating over the past couple of weeks with the stock market posting the kind of setbacks that no one would have dreamed of only weeks ago prior to the coronavirus (CV) pandemic. The virus — […]
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Dometic Americas President Scott Nelson on Wednesday (Feb. 5) outlined his company’s rather aggressive game plan for the future during the RV supplier’s first-ever “Dometic in the Desert” national meeting in Tucson, Ariz. Those plans call for a substantial investment in an effort to pursue “profitable expansion” in all of the markets Dometic currently serves […]
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