October '20

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80 • RV PRO • October 2020 rv-pro.com Breaking news exclusives from RV PRO's website In Case You Missed it RV I N S I G H T Forest River is increasing the company's man- ufacturing footprint in DeKalb and LaGrange counties in Indiana. To support its growth, the RV maker plans to create up to 369 new jobs by the end of 2023. "With more than 80 percent of North Amer- ica's RV production concentrated here, Indiana continues to grow its reputation as the RV capital of the world thanks to companies such as Forest River," Indiana Gov. Eric J. Holcomb said. "We're proud that Forest River continues to call Indiana home and grateful for the company's commitment to growing its footprint and workforce in northeast Indiana." The Elkhart-based company will invest $3.5 million to expand its 20-acre manufacturing campus at 685 E. Main St. in Butler, constructing and equipping a 63,000-square-foot production facility and expanding its existing 30,000-square-foot building. The new facilities will allow Forest River to enhance production of the XLR toy haulers. Construction began in August, and the company expects the expansion to be complete by February 2021. In LaGrange, Forest River is planning a $3.5 million expansion at its facility at 1500 N. Detroit St., constructing and equipping a 95,000-square-foot building to increase manufacturing capacity of its Cherokee RV line. The company expects to Trailer Source Owner Acquires Lazydays Colorado Property The Lazydays dealership property outside of Loveland, Colo., has a new owner – Jim Blumenthal, president of Trailer Source, which has five dealer- ship locations across Colorado's Front Range. Under terms of the deal, which was finalized in late August, Lazydays will continue to lease the Loveland property for another five years, according to Blumenthal, who said it will be business as usual for Lazydays at that location. "The only difference will be who they write the (rent) check to," said Blumenthal, who acknowledged the circumstances of the deal are somewhat unusual, with one dealership owning the land on which another dealership conducts business. "I am looking forward to interacting with the staff at Lazy- days. They have a great reputation and run state-of-the-art facilities," he added. Forest River Expanding Indiana Operations in DeKalb, LaGrange Counties Blumenthal said he acquired the property, which had a list price of just under $13.6 million, from Hari Sach, who owned RV America before selling it to Lazydays in October 2015. While Sach sold his business to Lazydays, he continued to own the land in Loveland that the dealership sits on, according to Blumenthal. Earlier this year, Sach decided to sell the property. Lazydays had the first option to purchase the property, but declined, according to Blumenthal. In addition to owning five Trailer Source stores in Colorado – three of which sell RVs and two of which sell cargo trailers – Blumenthal also owns commercial properties. When he became aware that the Loveland dealership property was on the market, Blumenthal said he actively pursued the acquisition, which closed after about four months. Read more: https://rv-pro.com/news/trailer-source- owner-acquires-lazydays-colorado-property Forest River is expanding its 20-acre manufacturing campus in Butler, Ind., to enhance production of the company's XLR toy haulers. break ground on the LaGrange expansion this month. "We're excited to continue expanding our operations in Indiana, which provides access to a talented workforce, strong RV manufacturing ecosystem and business-friendly environ- ment," said Mike Stump, project manager at Forest River. "With the support of the state and local communities in Butler and LaGrange, Forest River will continue to deliver high-quality products to customers around the world, while providing great career opportunities for Hoosiers here at home." Read more: https://rv-pro.com/news/forest-river-to- expand-its-indiana-footprint

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