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Posts Tagged ‘rv business’

RV/MH Hall of Fame Honors Class of 2015

August 5th, 2015 Comments off

rv_mh_2015_hall_of_fame_inducteesThe Class of 2015 includes: (back row l-r) Paul E. Hanser, HWH Corporation; Bert V. Alanko, MBA Insurance; Joe Kelly, Iowa Mfg Housing Association; (front row l-r)Jerry W. James, Franklin Homes, Inc.; Bill Thomas, Bill Thomas Camper Sales; Marlene A. Sine, Marlene Sine & Associates, Inc.; Richard A. Mendlen, Manufactured Housing: . Not Pictured: Patrica A. Fiederer, Latham Oneota Homes; Sherman Goldenberg, RV Business Magazine; Robert West, Affordable Community Living

In a gala ceremony attended by nearly 350 guests and inductees, the Class of 2015 was inducted into the RV/MH Hall of Fame in Elkhart, Indiana, Monday, night, August 3, 2015. Before the ceremonies began, Hall President Darryl Searer addressed the gathering: I am extremely happy to report to you that your Hall has continued to improve financially for the third straight year and is now in the best shape it has ever been. It also is my pleasure to report to you that this year the Hall of Fame has continued its upward trend of improving its overall operations.

Searer also reported that the $5.5 million debt from three years ago has been reduced to $1.5 million, in large part due to the MH Industry Debt Elimination Campaign begun by Kevin Clayton of Clayton Homes as well as the RV Debt Elimination Campaign. Each campaign is committed to raising $1 million. To date, the MH sector has raised over $570,000 while the RV campaign is just shy of $100,000.

Furthermore, of the $600,000 the Hall borrowed two years ago to acquire David Woodworth’s antique RV collection, only $75,000 remains to be paid.

The Class of 2015 includes: Bert V. Alanko, MBA Insurance; Patrica A. Fiederer, Latham Oneota Homes; Sherman Goldenberg, RV Business Magazine; Paul E. Hanser, HWH Corporation; Jerry W. James, Franklin Homes, Inc.; Joe Kelly, Iowa Mfg Housing Association; Richard A. Mendlen, Manufactured Housing: Marlene A. Sine, Marlene Sine & Associates, Inc.; Bill Thomas, and Bill Thomas Camper Sales; Robert West, Affordable Community Living.

don_magary_receives_2015_spirit_award_from_darryl_searer

In addition to the inductees, Don Magary, Hall of Fame member and publisher of RV News, was awarded the 2015 Spirit Award for his dedication to the RV/MH legacy.

Don Magary receives the Spirit Award from Hall President Darryl Searer. ##

Historic Manufactured Housing producer Skyline Corporation Making Moves

October 13th, 2014 Comments off

skylinehomes-headquarters-credit=skyline-posted-daily-business-news-mhpronews-com-Manufactured housing’s historic producer, Skyline Corporation, closed a deal made with Evergreen Recreational Vehicles, LLC on Oct. 7. The Real Property Purchase Agreement transferred Skyline’s RV business segment at an approximate cash price of $981,000. The sale executed a few days ago includes the RV manufacturing facility located in Bristol, Indiana.

The agreement states Evergreen has gained the right to purchase raw material at 50% of Skyline’s cost. In fiscal year 2014, the RV division’s net sales totaled $45,866,000 for Skyline, which can set major expectations in revenue for the new owner of the segment.

CNN Money told MHProsNews about the excitement from both parties about the transaction. Skyline’s president and CEO, Bruce G. Page confirmed that with this statement :

“Today’s announcement (Oct 10th) reflects our Board’s and management team’s commitment to executing on the Company’s strategic plan and driving long-term shareholder value,” said Bruce G. Page, Skyline’s president and chief executive officer.  “We believe this transaction with Evergreen is aligned with our strategic value-creation objectives and is in the best interest of shareholders.  We will continue to focus on driving profitable growth and serving customers in our core business of manufactured housing, where we see substantial opportunities for the future.”

The company remains a leader on the Manufactured Homes market “with 2,434 manufactured homes, 457 modular homes, and 231 park models sold in fiscal 2014,” but the sales certainly marks an important step into Skyline business strategy. ##  

(Photo credit: Skyline Homes)

(Article submitted by Lucine Colignon to Daily Business News MHProNews)

 

RV Sales Spike Manufactured Housing Component Suppliers

July 21st, 2013 Comments off

As sales of manufactured housing’s sister industry, the recreational vehicle (RV) business, began accelerating in mid-2012, it also spurred the sales of several manufactured housing (MH) component suppliers. Shipments of motor homes rose 30 percent through May of this year compared to 2012. Drew Industries, Inc., one of the three largest companies in the Investor’s Business Daily’s (IBD) Building-Mobile/Manufactured Homes group, supplies slide-out mechanisms and other items for the RV industry. Its sales rose 36 percent in Q3 2012, as IBD informs MHProNews. Overall, the group’s ranking as of Friday, July 19 had risen to 58 out of 197 industries from number 171 at the beginning of May. Included in the ranking are modular and MH manufacturer Cavco Industries and Patrick Industries, maker of ceiling and wall panels for the MH and RV industries.

(Photo credit: Wikipedia)

 

Elkhart Tops the Nation

April 1st, 2013 Comments off

RVBusinses informs MHProNews Elkhart County, Indiana led the nation in job growth for the period Sept 2011 to Sept. 2012  for the largest U. S. counties, with 6.9 percent versus the national rate of 1.6 percent, according to the Bureau of Labor Statistics. While Elkhart hosts several component suppliers to the manufactured and modular housing industry, it is definitely home to MH’s sister industry, the recreational vehicle (RV) business, producing 83 percent of all North American RV’s, says the Recreation Vehicle Industry Association (RVIA). Approximately half of all employment in the county is related to RVs, which saw shipments grow 13.6 percent last year.

(Photo credit: Wikipedia–Chateau Sports Class RV)

Glitzy News from our Sister Industry

July 2nd, 2012 Comments off

RV Business reports the 36 foot trailer that Elizabeth Taylor used for her dressing room during the filming of Cleopatra in 1963 sold at auction recently for $51,660. Twentieth Century Fox was said to have spent $75,000 to lavishly outfit the Aljo trailer with full columns mounted on the walls, hand-painted ceilings and and murals on the bedroom walls to help “keep Elizabeth Taylor in the true character of Cleopatra.” $75,000 in today’s dollars would be the equivalent of $560,000. After filming, the trailer was on the ranch of one of the movie’s backers, then was in a museum, and most recently served as a guest house at a private residence.

(Photo credit: RVBusiness)