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Side view of a 2011 Sundance travel trailer, built by Heartland Recreational Vehicles Caravan of Heartland Bighorn RVs on the way to the Summer 2009 Oregon Rally in Winchester, Oregon. Heartland RVs is an American manufacturer of recreational vehicles located in Elkhart, Indiana.
But as RV sales skidded - shipments of travel trailers plunged nearly 40% last year as the health crisis eased, according to the RV Industry Association - Bowlus kept selling every trailer it ...
The company was founded in 2003 in Wakarusa, Indiana by Scott Tuttle and acquired by Thor Industries in 2013. Tuttle's mission was to create lightweight all aluminum trailers with no wood that would last for decades--he called them "generational campers," because they were built so they could be passed down from one generation to the next. [4]
The brothers started the company in a 5,000-square-foot (460 m 2) plant in downtown Middlebury, Indiana producing 12 travel trailer models, 1 truck camper style and 80 truck caps. Since 1964, Coachmen Companies have produced nearly 600,000 recreational vehicles of all sizes and types.
2. The RV Industry Exploded in the 1950s. By the 1950s, the industry truly started to come into its own, offering everything from do-it-yourself RVs to luxe 30-foot vehicles.
The deal was one of the largest in the history of the company and gave Thor a 25% market share in travel trailers and fifth wheels. [19] In 2003, it added Damon Motor Coach of Elkhart, Indiana which it purchased for $46 million in cash. Damon's park trailer subsidiary brand, Breckenridge, was also included in the deal. [20]
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