Posts Tagged ‘truck campers’

Livin' Lite Travel Trailer

Livin’ Lite Travel Trailer

Thor Industries announced Tuesday that it acquired the assets of  recreational vehicle maker Livin’ Lite through a wholly-owned subsidiary. The purchase is subject to customary closing conditions and is expected to be completed by Aug. 30, 2013.

“We are pleased to welcome Livin’ Lite to the Thor family of RV brands. Adding such a creative RV maker to Thor’s strong stable of brands will enable us to expand our industry-leading position in new product development into camping trailers and truck campers,” said Bob Martin, Thor president and chief executive officer.

“We see many opportunities for expanding Livin’ Lite’s market presence through the Thor dealer network, and the ability to leverage their lightweight aluminum and composite construction technology in other Thor products. This transaction represents a solid example of executing our strategic plan to grow our RV presence through the acquisition of brands and technologies that complement our existing business.”

Founded by former Heartland executive Scott Tuttle, Wakarusa, Ind.-based Livin’ Lite is known for its advanced lightweight aluminum construction applied to a variety of smaller RVs, including travel trailers, toy haulers, camping trailers and truck campers. Livin’ Lite also markets its products in partnership with a number of leading consumer brands including Jeep. Having recently been named to Inc. magazine’s list of fastest growing companies for the third consecutive year, Livin’ Lite is expected to generate sales of approximately $24 million for calendar year 2013.

“We are excited to join forces with Thor, the leading company in the RV industry, and we are looking forward to the new growth opportunities we should see as a result,” said Scott Tuttle, president, CEO and founder of Livin’ Lite. “We have worked diligently to grow Livin’ Lite over the past five years and expect to extend that growth as we bring the distribution, operational and financial strengths of Thor to bear on our business. As the newest company to join Thor, we also expect to add to our combined development efforts as we apply our proprietary technology to a broader array of existing product lines and bring our combined market strength to camping trailers and truck campers.”

Thor expects to offer Livin’ Lite’s current 35 models to its current dealer network upon closing of the transaction. The Company expects Livin’ Lite will continue to operate out of its existing Wakarusa facilities with minimal disruption to its current business resulting from the acquisition.

For more information about Thor Industries, Inc., visit www.thorindustries.com.

RV ShowThe Michigan Association of Recreation Vehicles and Campgrounds (MARVAC) is sponsoring the 47th Annual Detroit Camper & RV Show, February 6-10, 2013, in Novi at the Suburban Collection Showplace (located on Grand River, between Novi and Beck Road). All types of new 2013 recreation vehicles — over 275 units and 50 brands displayed; folding campers, motor homes, travel trailers, truck campers, fifth wheel travel trailers and toy haulers.

On display at the show, you’ll see folding campers from $4,999, trailers from $8,999 and motorhomes from $49,999. Discounts on 2012 models, plus, manufacturer rebates on select RVs. Booths featuring parts and accessories, campground information, on site RV financing and RV rentals make this the complete RV show experience.

At the show, enter to win the Ultimate MIS Race Experience package from Michigan International Speedway. Includes tickets, camping and VIP access (valued at nearly $3,000).

Coupons are available at www.marvac.org, Big Boy restaurants, and in area newspapers. Visit one of the 20 metro Detroit NAPA Auto Parts Stores for your discount admission coupon. With this special coupon, all consumers can get $1 off any adult or senior admission.

Show goers can pick up the new 2013 RV & Campsite Guide. This guide to camping and RV dealers in Michigan now includes coupons.

The 47th Annual Detroit Camper & RV Show will be held in Novi at the Suburban Collection Showplace and is open weekdays 2-9 p.m., Saturday 11 a.m.-9 p.m. and Sunday 11 a.m.-6 p.m. The cost for adult admission (ages 13 and up) is $9; senior admission is $8; children ages 12 and under are admitted free!

The show is sponsored by the Michigan Association of Recreation Vehicles and Campgrounds (MARVAC), a member organization representing all aspects of the camping and RV industries.

You can call 517.349.8881 or visit marvac.org for additional information on the RV show.

Recreation Vehicle Industry Association RVIA LogoIn the Recreation Vehicle Industry Association’s (RVIA) survey of manufacturers conducted for the month of July, wholesale shipments of all RVs were reported at 22,857 units, up 27.4 percent from this same month last year.

Every segment of towable and motorized RVs showed year-over-year growth except for truck campers, the RVIA reported.

On a seasonally adjusted annual rate basis, shipments in July were at 296,500 units, nearly 10 percent greater than the previous month. Through July, manufacturers have reported a total of 177,845 shipments to RV dealers, up 9.8 percent over this same period one year earlier.

 

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