Following the close of the transaction, Newmar will operate as a distinct business unit within Winnebago Industries with its headquarters and manufacturing facilities remaining in Nappanee, IN. Matthew Miller will continue to lead the Newmar business post-closing as its President.
Does Newmar still make motorhomes?
“Newmar is proud to continue a half-century tradition of building motor coaches by hand, one at a time, with help from the people of Nappanee, Indiana. Individuals to whom superior craftsmanship is not a goal, but a way of life.
Who bought Newmar RV?
Winnebago Industries to buy Nappaneee’s Newmar Corporation for $344 million. NAPPANNEE — Newmar Corporation, a manufacturer of class A and class C motorhomes based in Nappanee, is set to be acquired by Winnebago Industries in a deal worth about $344 million.
Who owns Newmar now?
You might be surprised to know that Winnebago Industries actually owns Newmar. Winnebago officially acquired Newmar in November of 2019. According to GlobeNewswire, the company said that the deal was worth $270 million in cash and two million shares of Winnebago Industries common stocks.
Is Newmar a quality RV?
For over 50 years, Newmar has built a solid reputation based on quality, innovation, and service. And in September 2019, Winnebago Industries acquired Newmar, adding Winnebago’s reputability to the brand. Newmar earns a five-star rating on the Better Business Bureau (BBB) website.
What RV is made by the Amish?
TAB Teardrop Campers are manufactured by nüCamp RV in Sugarcreek, Ohio in the heart of Ohio’s Amish Country. nüCamp RV is a Pleasant Valley Teardrop Trailer company that was founded in 2005 as a boutique teardrop camper manufacturer.
Where is the Newmar factory?
Located in Nappanee, Indiana, the Newmar factory offers free guided tours year round. To schedule a tour, or take an online tour, click here.
Why did Newmar sell to Winnebago?
“The acquisition of Newmar aligns with our strategy to strengthen and reenergize our motorized business by enhancing our position and capabilities in the motorhome market and building on the progress we have made driving growth and innovation across our offerings,” Winnebago CEO Michael Happe said in a news release.
How long has Newmar RV been in business?
At Newmar, 50 years of building high-quality recreational vehicles has taught us a lot, including the fact that people will always build the best product. That’s why we take the time to handcraft each of our coaches one by one, just like we’ve done since 1968.
Is Newmar part of Winnebago?
Winnebago Industries, Inc. FOREST CITY, Iowa, Nov. … (NYSE: WGO), a leading outdoor lifestyle product manufacturer, today announced that it has completed the previously announced acquisition of Newmar Corporation (“Newmar”), a leading manufacturer of Class A and Super C motorized recreation vehicles (RVs).
Who makes the Winnebago?
Winnebago Industries, Inc. is a leading North American manufacturer of outdoor lifestyle products under the Winnebago, Grand Design, Chris-Craft and Newmar brands. The Company builds quality motorhomes, travel trailers, fifth wheel products and boats with multiple facilities in Iowa, Indiana, Minnesota and Florida.
What RV brands does Thor own?
Thor’s products include conventional travel trailers; fifth wheels; truck and folding campers; and Class A, B, and C motorhomes. The company owns many well-known RV brands, including Airstream, CrossRoads, Cruiser RV, Dutchmen, Jayco, Starcraft, and Thor Motor Coach.
Did Thor buy Newmar?
THOR Industries Buys Tiffin Motorhomes
The RV world was rocked just 18 months ago when Winnebago Industries purchased luxury RV manufacturer, Newmar. What seemed unlikely, became a reality. Now, what seemed unfathomable has happened as well.
Who makes Dutch star motorhomes?
Dutch Star Diesel Pusher Luxury Motorhomes
Every Newmar Dutch Star showcases Newmar’s industry-exclusive full-paint Masterpiece™ finish. 40- to 43-foot Dutch Star models are built on your choice of a Freightliner® or Spartan® tag-axle chassis.
What is Newmar comfort drive?
A standard feature on all of our 2022 diesel and luxury models, Comfort Drive™ is an intelligent steering system that adapts to your inputs while actively working to eliminate friction, creating a self-straightening steering wheel that lets you navigate twists and turns with more confidence and less effort.
Does Newmar make a Class C?
Newmar brings its legendary craftsmanship and innovation to Class C with the Super Star and Supreme Aire motor coaches. Our exclusive full air-ride cab makes every journey a remarkably smooth one. A large sky window with motorized shade lets you choose how much light to welcome into the cabin.