Winnebago Industries Announces West Coast Production Facility Expansion
Winnebago plans to move production of select diesel products to the 200,000 square-foot facilities, with the transition estimated to be complete sometime in the second half of calendar 2017. Initially, by moving the production of diesel products to the
"An increase in consumer demand for our motorhomes taxed the
"This purchase is part of Winnebago's ongoing strategy to further solidify the company as a leader in the RV industry for years to come," Degnan continued. "As part of the facility purchase, Winnebago also acquired the intellectual property rights associated with Country Coach and we intend to revive that brand as part of the planned use of the new facility."
In addition, Winnebago entered into an agreement on
About
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that forward-looking statements are inherently uncertain. A number of factors could cause actual results to differ materially from these statements, including, but not limited to increases in interest rates, availability of credit, low consumer confidence, availability of labor, significant increase in repurchase obligations, inadequate liquidity or capital resources, availability and price of fuel, a slowdown in the economy, increased material and component costs, availability of chassis and other key component parts, sales order cancellations, slower than anticipated sales of new or existing products, new product introductions by competitors, the effect of global tensions, integration of operations relating to mergers and acquisitions activities, unexpected expenses related to ERP and Strategic Sourcing projects and other factors. Additional information concerning certain risks and uncertainties that could cause actual results to differ materially from that projected or suggested is contained in the Company's filings with the
Public Relations Specialist
641-585-6803
sjefson@winnebagoind.com
Source: