RVBusiness, November/December 2018
TOPof theNews Cummins Garry Enyart Elected Chairman of RVIA for 2019 an estimated 40000 vans annually LKQ Corp Reports Record Revenue During 3Q Chicago based LKQ Corp parent of distributors Keystone Automotive and NTP STAG reported record revenue for its third quarter of 312 billion an increase of 266 as compared to 247 billion in the third quarter of 2017 Net income grew to 134 million up 96 yearover year On a nine month year to date basis revenue was 888 billion an increase of 221 from 727 billion for the comparable period of 2017 Girard Systems Opening Facility in Red Bay Ala Girard Holdings Alabama LLC doing business as Girard Systems will be building a plant in a Red Bay Ala industrial park according to a Sept 21 report by The Red Bay Times Daily Girard Systems is the exclusive maker of awnings for Tiffin Motorhomes Inc also located in Red Bay and other major RV OEMs Sun Communities Posts 206 3Q Sales Jump Southfield Mich based Sun Communities which owns and operates or has an interest in 370 manufactured housing MH and RV communities in 31 states and Ontario announced that revenues increased 206 during the companys third quarter Total revenues increased 553 million to 3235 million compared to the same period in 2017 For the nine months total revenues increased 1123 million to 8529 million Meyer Dist Names Roadmaster RV Vendor of the Year Roadmaster Inc a towing and suspension products design engineering and manufacturing company was named RV Vendor of the Year by Meyer Distributing Inc the RV and automotive specialty products distributor announced Oct 4 Highland Ridge to Open Western Production Site Highland Ridge RV a division of Jayco Inc will start production of its recently introduced travel trailers in Twin Falls Idaho in the first quarter of 2019 The announcement was made to current and prospective Open Range Mesa Ridge and Highlander dealers prior to the 2018 Elkhart RV Open House Weve had phenomenal success and feedback since the launch of our conventional travel trailer lineup Our Western region dealers have been very vocal about the benefits of producing an entry price point unit in the Western United States stated Marc Hauser vice president of sales and product development for the Jayco towable division RVB Garry Enyart director of mobile generator sales and coach care for Cummins was elected chairman of the RV Industry Association RVIA board of directors for the 2019 fiscal year during the boards meeting on Sept 29 We are looking forward to working with Garry over the next year as we continue moving forward with our new strategic initiatives RVX and the RV Technical Institute RVIA President Frank Hugelmeyer stated in a press release Garry has been a leader and advocate for the RV industry for years and his involvement on the board spans 15 years The level of experience and expertise that his leadership brings will prove invaluable over the coming year as we continue making strides in moving the industry forward Enyart has served on the board in various roles since 2005 and a member of the Executive Committee since 2013 He is also a current member of the Audit Awards China Public Legislative Affairs and Strategic Planning Committees He also is a member of the Consumer Satisfaction Coalition RV Service Training Council and RVDA RVIA Certification Governing Board In addition to selecting a new chairman the associations board of directors also named a new Executive Committee that includes 1st Vice Chairman Matt Miller president of Newmar Corp 2nd Vice Chairman Mike Happe president of Winnebago Industries Inc Treasurer 10 RVBusiness N O V E M B E R D E C E M B E R 2 0 1 8 Jeff Rutherford president of Airxcel Inc Secretary Bob Martin president CEO and director of Thor Industries Inc Ex Officio Bob Parish vice president of Wells Fargo CDF and RVIA President Frank Hugelmeyer All officers began their one year terms on Oct 1 In other actions at the meeting the board of directors approved a 15 month budget of 237 million for fiscal year 2019 that holds membership costs in place while funding essential programs and initiatives to accomplish the associations mission of promoting and protecting the RV industry and its members They also approved a motion to secure space for future RVX events up to three years in advance Newly elected and re elected board members Manufacturer Representatives Chris Baum Liberty Outdoors Paul Cassidy Erwin Hymer Group Jack Cole Lance Campers REV Group Brett Randall Columbia Northwest Inc Aliner Supplier Representatives Ellen Keitzmann Blue Ox At Large Representatives Garry Enyart Cummins Elden Wood Carefree of Colorado RVB Winnebago Full Year Revenue Exceeds 2 Billion Net Income Up 195 Forest City Iowa based Winnebago We have also elevated our level Industries Inc reported a 179 increase of competitiveness within the North in revenue for its fiscal fourth quarter American RV market as a stronger ended Aug 25 while net income rose full line OEM 195 he continued Revenues during the period totaled raising consolidated 5362 million compared to 4549 market million in the year ago period Net share primarily income was 298 million or 94 cents on the strength per diluted share versus 249 million of our sustained or 79 cents per share in the same period towables segment last year growth Fiscal 2018 was a tremendous step Both our Winnebago forward for Winnebago Industries in all aspects strategically financially and culturally stated President and Chief Executive Officer Michael Happe who also noted the fourth quarter acquisition of Chris Craft as a strong stride in the journey to transform ourselves into a premier outdoor lifestyle company and Grand Design branded towables business have material momentum with new products and superlative quality driving increased business with dealers and end customers Our motorhome business continues to make sequential progress in improving its product line vitality and profitability RVB In Brief from page 9 Garry Enyart Mike Happe
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