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'''Fleetwood RV''' is a producer of [[recreational vehicle]]s (RVs). Founded in 1950, Fleetwood RV is part of [[REV Group]]. Rev's recreation division includes Fleetwood RV, [[Coach America|American Coach]], [[Monaco Coach Corporation|Monaco]], [[Holiday Rambler]], Renegade RV, Midwest Automotive Designs, and Lance Campers.<ref>{{Cite web|url=https://www.revgroup.com/#recreation|title=Home}}</ref>
'''Fleetwood RV''' is a producer of [[recreational vehicle]]s (RVs). Founded in 1950, Fleetwood RV is part of [[REV Group]]. Rev's recreation division includes Fleetwood RV, American Coach, [[Monaco Coach Corporation|Monaco]], [[Holiday Rambler]], Renegade RV, Midwest Automotive Designs, and Lance Campers.<ref>{{Cite web|url=https://www.revgroup.com/#recreation|title=Home|date=15 March 2022 }}</ref>


==History==
==History==
[[File:1950FleetwoodSporter.jpg|thumb|1950 Fleetwood Sporter trailer, displayed in the RV/MH Hall of Fame in Elkhart, Indiana.]]
Fleetwood RV origins date back to 1950, when John C. Crean formed Coach Specialties Company in [[southern California]], as a maker of [[window blind]]s for [[travel trailer]]s.<ref name="GaleDir"/> Around 1953, Crean renamed the company to Fleetwood Trailer Company, a name inspired by the [[Fleetwood Metal Body|automotive bodies]] incorporated into various [[Cadillac Fleetwood|Cadillac lines of automobiles]].<ref name="GaleDir"/> In 1957, the company was reincorporated as Fleetwood Enterprises, Inc.
Fleetwood RV's origins date back to 1950, when John C. Crean formed Coach Specialties Company in [[southern California]], as a maker of [[window blind]]s for [[travel trailer]]s.<ref name="GaleDir"/> Around 1953, Crean renamed the company to Fleetwood Trailer Company, a name inspired by the [[Fleetwood Metal Body|automotive bodies]] incorporated into various [[Cadillac Fleetwood|Cadillac lines of automobiles]].<ref name="GaleDir"/> In 1957, the company was reincorporated as Fleetwood Enterprises, Inc.


During its first dozen years, the company moved from [[Compton, California|Compton]] to [[Paramount, California|Paramount]] to [[Anaheim, California|Anaheim]]. It moved again in 1962 to [[Riverside, California]]. Fleetwood became a public company in 1965, reporting annual sales of $18.5 million.<ref name="GaleDir"/> The company became part of the [[Fortune 500]] in 1973, remaining there for nearly three decades.<ref name="FEhistbyPE"/> By 1989, Fleetwood RVs sales reached the one billion dollar milestone; five years later, it hit the same milestone in its sales of manufactured homes.<ref name="FEhistbyPE"/>
During its first dozen years, the company moved from [[Compton, California|Compton]] to [[Paramount, California|Paramount]] to [[Anaheim, California|Anaheim]]. It moved again in 1962 to [[Riverside, California]]. Fleetwood became a public company in 1965, reporting annual sales of $18.5 million.<ref name="GaleDir"/> The company became part of the [[Fortune 500]] in 1973, remaining there for nearly three decades.<ref name="FEhistbyPE"/> By 1989, Fleetwood RVs sales reached the one billion dollar milestone; five years later, it hit the same milestone in its sales of manufactured homes.<ref name="FEhistbyPE"/>


=== 21st Century ===
=== 21st century ===
It was announced in November 2008 that Fleetwood Enterprises was closing several [[Factory|factories]] across the United States.<ref>[http://www.pe.com/business/local/stories/PE_Biz_S_fleetwood01.399f479.html Riverside-based Fleetwood Enterprises, years into an attempted turnaround, will be delisted Monday] at The Press-Enterprise</ref> On March 10, 2009, the company filed for bankruptcy under [[Chapter 11, Title 11, United States Code|Chapter 11 of the United States Code]], and announced the closing of its [[travel trailer]] division.<ref>{{cite web| url= https://www.bloomberg.com/apps/news?pid=newsarchive&sid=aJH4bsV_2t.k | title=Fleetwood Enterprises, RV Maker, Seeks Bankruptcy (Update2) | publisher=Bloomberg| first=Erik |last=Larson |date=March 10, 2009 | access-date=2013-06-21}}</ref>
In November 2008, Fleetwood Enterprises announced it was closing several [[Factory|factories]] across the United States.<ref>[http://www.pe.com/business/local/stories/PE_Biz_S_fleetwood01.399f479.html Riverside-based Fleetwood Enterprises, years into an attempted turnaround, will be delisted Monday]{{Dead link|date=August 2023 |bot=InternetArchiveBot |fix-attempted=yes }} at The Press-Enterprise</ref> On March 10, 2009, the company filed for bankruptcy under [[Chapter 11, Title 11, United States Code|Chapter 11 of the United States Code]] and announced the closing of its [[travel trailer]] division.<ref>{{cite web| url= https://www.bloomberg.com/apps/news?pid=newsarchive&sid=aJH4bsV_2t.k | title=Fleetwood Enterprises, RV Maker, Seeks Bankruptcy (Update2) | publisher=Bloomberg| first=Erik |last=Larson |date=March 10, 2009 | access-date=2013-06-21}}</ref>


On July 17, 2009, the [[private equity firm]] American Industrial Partners ("AIP") acquired the motorized recreational vehicle assets from the company.<ref>{{cite web| url= http://www.americanindustrial.com/aboutaip/pressrel/newsdetail?id=9| title= American Industrial Partners Completes Acquisition of Fleetwood Motorized Recreational Vehicle Business, Including the Goldshield Fiberglass Supply Business| work= Press release| publisher= American Industrial Partners| date= July 17, 2009| access-date=2013-06-21| archive-url= https://web.archive.org/web/20130310114255/http://www.americanindustrial.com/aboutaip/pressrel/newsdetail?id=9| archive-date= March 10, 2013| url-status= dead}}</ref> The next month, Cavco Industries acquired the manufactured housing division. Fleetwood RV is now headquartered in [[Decatur, Indiana]]. In 2010, AIP combined Fleetwood with E-One, [[Collins Industries]] and Halcore Group to form [[REV Group|Allied Specialty Vehicles]].<ref>{{cite web|url=http://www.americanindustrial.com/aboutaip/pressrel/newsdetail?id=12 |date=August 24, 2010 |title=American Industrial Partners Announces the Formation of Allied Specialty Vehicles, Inc., a Leading Manufacturer of Specialty Vehicles in North America |publisher=American Industrial Partners |work=Press release |access-date=2013-06-21 |url-status=dead |archive-url=https://web.archive.org/web/20150601033039/http://www.americanindustrial.com/aboutaip/pressrel/newsdetail?id=12 |archive-date=2015-06-01 }}</ref> On February 2, 2010, [[Heartland Recreational Vehicles]] acquired the remaining active trademarks of the towable brands of Fleetwood Enterprises, Inc.<ref>{{cite web |url=http://www.rvbusiness.com/2010/02/heartland-acquires-fleetwood-towable-brands/ |title=article, "Heartland Acquires Fleetwood Towable Brands" |publisher=Rvbusiness.com |date=2010-02-03 |access-date=2012-01-31 |archive-date=2012-03-04 |archive-url=https://web.archive.org/web/20120304065900/http://www.rvbusiness.com/2010/02/heartland-acquires-fleetwood-towable-brands/ |url-status=dead }}</ref>
On July 17, 2009, the [[private equity firm]] American Industrial Partners ("AIP") acquired the motorized recreational vehicle assets from the company.<ref>{{cite web| url= http://www.americanindustrial.com/aboutaip/pressrel/newsdetail?id=9| title= American Industrial Partners Completes Acquisition of Fleetwood Motorized Recreational Vehicle Business, Including the Goldshield Fiberglass Supply Business| work= Press release| publisher= American Industrial Partners| date= July 17, 2009| access-date=2013-06-21| archive-url= https://web.archive.org/web/20130310114255/http://www.americanindustrial.com/aboutaip/pressrel/newsdetail?id=9| archive-date= March 10, 2013| url-status= dead}}</ref> The next month, Cavco Industries acquired the manufactured housing division. Fleetwood RV is now headquartered in [[Decatur, Indiana]]. In 2010, AIP combined Fleetwood with E-One, [[Collins Industries]] and Halcore Group to form [[REV Group|Allied Specialty Vehicles]].<ref>{{cite web|url=http://www.americanindustrial.com/aboutaip/pressrel/newsdetail?id=12 |date=August 24, 2010 |title=American Industrial Partners Announces the Formation of Allied Specialty Vehicles, Inc., a Leading Manufacturer of Specialty Vehicles in North America |publisher=American Industrial Partners |work=Press release |access-date=2013-06-21 |url-status=dead |archive-url=https://web.archive.org/web/20150601033039/http://www.americanindustrial.com/aboutaip/pressrel/newsdetail?id=12 |archive-date=2015-06-01 }}</ref> On February 2, 2010, [[Heartland Recreational Vehicles]] acquired the remaining active trademarks of the towable brands of Fleetwood Enterprises, Inc.<ref>{{cite web |url=http://www.rvbusiness.com/2010/02/heartland-acquires-fleetwood-towable-brands/ |title=article, "Heartland Acquires Fleetwood Towable Brands" |publisher=Rvbusiness.com |date=2010-02-03 |access-date=2012-01-31 |archive-date=2012-03-04 |archive-url=https://web.archive.org/web/20120304065900/http://www.rvbusiness.com/2010/02/heartland-acquires-fleetwood-towable-brands/ |url-status=dead }}</ref>
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{{Reflist| colwidth=30em | refs=
{{Reflist| colwidth=30em | refs=
<ref name="GaleDir">{{cite web| title= Gale Directory of Company Histories: Fleetwood Enterprises, Inc.| url= http://www.answers.com/topic/fleetwood-enterprises-inc | work= [[Gale (publisher)|Gale]] Directory | publisher= [[Answers.com]] | access-date= 2013-06-21}}</ref>
<ref name="GaleDir">{{cite web| title= Gale Directory of Company Histories: Fleetwood Enterprises, Inc.| url= http://www.answers.com/topic/fleetwood-enterprises-inc | work= [[Gale (publisher)|Gale]] Directory | publisher= [[Answers.com]] | access-date= 2013-06-21}}</ref>
<ref name="FEhistbyPE">{{cite web| title= Fleetwood leaves trail of prosperous times| url= http://www.pe.com/local-news/reports/fleetwood/fleetwood-headlines/20110928-fleetwood-leaves-trail-of-prosperous-times.ece | first= Kimberly |last= Pierceall | date=September 27, 2011| orig-date=August 18, 2009 | publisher= [[The Press-Enterprise]]| access-date= 2013-06-21}}</ref>
<ref name="FEhistbyPE">{{cite web| title= Fleetwood leaves trail of prosperous times| url= http://www.pe.com/local-news/reports/fleetwood/fleetwood-headlines/20110928-fleetwood-leaves-trail-of-prosperous-times.ece| first= Kimberly| last= Pierceall| date= September 27, 2011| orig-date= August 18, 2009| publisher= [[The Press-Enterprise]]| access-date= 2013-06-21}}{{Dead link|date=April 2024 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>
}}
}}


Latest revision as of 05:30, 14 May 2024

Fleetwood RV
Founded1950 (1950)
FounderJohn C. Crean
Headquarters
Decatur, Indiana (2009–present)
ProductsRecreational vehicles
ParentREV Group

Fleetwood RV is a producer of recreational vehicles (RVs). Founded in 1950, Fleetwood RV is part of REV Group. Rev's recreation division includes Fleetwood RV, American Coach, Monaco, Holiday Rambler, Renegade RV, Midwest Automotive Designs, and Lance Campers.[1]

History

[edit]
1950 Fleetwood Sporter trailer, displayed in the RV/MH Hall of Fame in Elkhart, Indiana.

Fleetwood RV's origins date back to 1950, when John C. Crean formed Coach Specialties Company in southern California, as a maker of window blinds for travel trailers.[2] Around 1953, Crean renamed the company to Fleetwood Trailer Company, a name inspired by the automotive bodies incorporated into various Cadillac lines of automobiles.[2] In 1957, the company was reincorporated as Fleetwood Enterprises, Inc.

During its first dozen years, the company moved from Compton to Paramount to Anaheim. It moved again in 1962 to Riverside, California. Fleetwood became a public company in 1965, reporting annual sales of $18.5 million.[2] The company became part of the Fortune 500 in 1973, remaining there for nearly three decades.[3] By 1989, Fleetwood RVs sales reached the one billion dollar milestone; five years later, it hit the same milestone in its sales of manufactured homes.[3]

21st century

[edit]

In November 2008, Fleetwood Enterprises announced it was closing several factories across the United States.[4] On March 10, 2009, the company filed for bankruptcy under Chapter 11 of the United States Code and announced the closing of its travel trailer division.[5]

On July 17, 2009, the private equity firm American Industrial Partners ("AIP") acquired the motorized recreational vehicle assets from the company.[6] The next month, Cavco Industries acquired the manufactured housing division. Fleetwood RV is now headquartered in Decatur, Indiana. In 2010, AIP combined Fleetwood with E-One, Collins Industries and Halcore Group to form Allied Specialty Vehicles.[7] On February 2, 2010, Heartland Recreational Vehicles acquired the remaining active trademarks of the towable brands of Fleetwood Enterprises, Inc.[8]

References

[edit]
  1. ^ "Home". 15 March 2022.
  2. ^ a b c "Gale Directory of Company Histories: Fleetwood Enterprises, Inc". Gale Directory. Answers.com. Retrieved 2013-06-21.
  3. ^ a b Pierceall, Kimberly (September 27, 2011) [August 18, 2009]. "Fleetwood leaves trail of prosperous times". The Press-Enterprise. Retrieved 2013-06-21.[permanent dead link]
  4. ^ Riverside-based Fleetwood Enterprises, years into an attempted turnaround, will be delisted Monday[permanent dead link] at The Press-Enterprise
  5. ^ Larson, Erik (March 10, 2009). "Fleetwood Enterprises, RV Maker, Seeks Bankruptcy (Update2)". Bloomberg. Retrieved 2013-06-21.
  6. ^ "American Industrial Partners Completes Acquisition of Fleetwood Motorized Recreational Vehicle Business, Including the Goldshield Fiberglass Supply Business". Press release. American Industrial Partners. July 17, 2009. Archived from the original on March 10, 2013. Retrieved 2013-06-21.
  7. ^ "American Industrial Partners Announces the Formation of Allied Specialty Vehicles, Inc., a Leading Manufacturer of Specialty Vehicles in North America". Press release. American Industrial Partners. August 24, 2010. Archived from the original on 2015-06-01. Retrieved 2013-06-21.
  8. ^ "article, "Heartland Acquires Fleetwood Towable Brands"". Rvbusiness.com. 2010-02-03. Archived from the original on 2012-03-04. Retrieved 2012-01-31.
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