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Winnebago Plans Expansion of Footprint at Lake Mills, IA Facility

Winnebago Industries (NYSE: WGO) is planning to expand its manufacturing footprint to nearby Lake Mills, Iowa.

Winnebago and the city of Lake Mills have come to an agreement on the 5-year lease of the 100,000-square-foot plant formerly owned and operated by Cummins Filtration.  The Lake Mills facility will be used for the production of Winnebago's Class B motorhomes; initially the new Travato model built on the Ram ProMaster chassis. 

"This is a definite win-win for us," said Winnebago Chairman, CEO and President Randy Potts. "The Lake Mills facility is much larger than our current Class B production facility in Charles City and allows us to expand our growing Class B motorhome line. Winnebago's Class B market share in the U.S. has been steadily rising with 17.9% market share calendar year to date through September 2013, compared to 16.5% in calendar 2012 and 7.8% in calendar 2011. With the close proximity of Lake Mills, it's very cost effective to transport components and motorhomes the 16 miles between Lake Mills and our headquarters in Forest City.  In turn, it allows us

See full press release

Posted-In: News Guidance Contracts Management

 

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