Winnebago Industries Inc is incorporated under the laws of the state of Iowa on February 12, 1958, and adopted its present name on February 28, 1961. The Company is a manufacturer of recreation vehicles used in leisure travel and outdoor recreation activities. The Company sells motorhomes through dealers under the Winnebago, Itasca and Era brand names. Other products manufactured by the Company consist of OEM parts, including extruded aluminum and other component products for other manufacturers and commercial vehicles. The Company generally produces motorhomes and towables to order from dealers. The motorhomes are produced in the state of Iowa at two different campuses. The Forest City facilities are vertically integrated and provide mechanized assembly line manufacturing. The Company also operates an assembly plant and a hardwood cabinet products manufacturing facility in Charles City, Iowa. Its motorhome bodies are made from various materials and structural components which are typically laminated into rigid, lightweight panels. Body designs are developed with computer aided design and manufacturing and subjected to a variety of tests and evaluations to meet its standards and requirements. The Company operates in two segments namely motorhomes and Towables, which aggregate into one reportable segment, the recreation vehicle market. It designs, develops, manufactures and markets motorized and towable recreation products along with supporting products and services. It manufactures number of components utilized in motorhomes, with the exceptions being chassis, engines, generators and appliances. The Company's raw materials include steel, aluminum; fiberglass and wood products are obtainable from numerous sources. Certain parts, especially motorhome chassis, are available from a small group of suppliers. The Company is currently purchasing Class A and C chassis from Ford Motor Company, Mercedes-Benz USA (a Daimler company) and Mercedes-Benz Canada (a Daimler company) and Class A chassis from Freightliner Custom Chassis Corporation (a Daimler company). Class B chassis are purchased from Mercedes-Benz USA, Mercedes-Benz Canada and Chrysler Group, LLC. Class C chassis are also purchased from Chrysler Group, LLC. The Company is subject to a variety of federal and state environmental laws and regulations relating to the use, generation, storage, treatment, emission and disposal of hazardous materials and wastes and noise pollution.
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