donn0128
Pronounced Ore-gun
Senior Member
Joined: 04/21/2005
View Profile
 Offline
|
More layoffs expected at Newmar
By Greg Gerber @ 5:08 PM :: :: 0 Comments :: [Article Rating] :: Manufacturing News [Click to print]
NAPPANEE, Ind. — Another round of layoffs is on the way for workers at Newmar RV in Nappanee.
The company says they'll lay off a small number of remaining employees on Wednesday.
In February, they laid off nearly 120 workers — about 13 percent of their workforce.
Last month, they laid off another 20 percent, about 160 people. That only leaves about 630 of the original 900 workers.
The company says high gas prices and a sluggish economy are to blame.
SOURCE: WSBT-TV
Donn
|
Capt Skup
Southern Maryland/Nantucket
Senior Member
Joined: 05/14/2004
View Profile
|
Hopefully Newmar is just adjusting production to the market. They build a quality product, hopefully prepared financially for a rainy day. I think other rv companies may be much nearer the edge, companies that produce mass quantities of low quality trailers for the occasional campers.
Capt Skup
AD-1(AW)USN Ret.
Wonderful Wife, 3 beautiful Daughters
"Never get in a battle of wits with an unarmed man"
2008 F-450 Lariat 4x4
2008 Honda Odyssey EX-L
SunlineF281SR
SeaRay215EC
http://community.webshots.com/user/CaptSkup?vhost=community
|
Jack_Diane_Freedom
Lindsay Ont, and Gulf Coast Florida
Senior Member
Joined: 05/11/2005
View Profile
Offline
|
Even with a 'quality product' if they cannot generate enough cash to meet their covenants or show a viable business plan for borrowing they could be in deep doo doo.
|
Herculez
North Carolina
Senior Member
Joined: 08/13/2006
View Profile
Offline
|
Newmar at this time has no plans on closing at all.
They plan to be around a long time.
I just recieved some price quotes on some work that they may do for us.
Newmar will be closed for the week of the 18th. They will work on a on order basis.
Remember they have been around sice the 1960's. They are a very well established company.
In short they are making some smart moves to stay around for the long haul.
Britt
|
gitane59
Ontario, Can
Senior Member
Joined: 02/21/2004
View Profile
|
I also just received a quote of some service work to be done at the factory. They are quite busy with maintenance and service work but since they only build new on a order by order basis and from my knowledge operate as a cash/no credit line business they can downsize or even temporarily postpone production when orders are few and far between to control production costs. This is why and how they can shut down for a week or two here and there to build order inventory to allow them to open for a production run when numbers make busness sense. I too think we'll see them in for the long haul.
2001 Newmar Kountry Star 34BLDS
2001 Ford F350 CC SRW V10 4.30LS
Capitulation is not Reasonable Accommodation
|
|
|
CardinalCamper
Wichita Kansas
Senior Member
Joined: 06/15/2005
View Profile
Offline
|
I sure hope so great company. But look what happened to Travel Supreme they I thought would hang in for the long haul
Charles & Dawn
2005 Cardinal 35 CKT LX
2000 F-250 PSD 7.3 4x4 CC,5" Dual Exhaust, Hypertech Power Programmer III, Firestone Ride-Rite Airbags, Air Safe 25K Air Ride Hitch,RoadRunner 50cc scooter
Basset Hound (Shorty)
|
BruceStarkey
Ontario, Canada
Senior Member
Joined: 05/02/2004
View Profile
|
That's exactly the same scenario with Travel Supreme just prior to them closing for a "few days" in their announcement AFTER workers showed up Monday morning to find locked gates and unshipped inventory along with customers rigs on the wrong side of the fence. They were still processing dealers orders the Friday prior. Subsequent announcements extended the time interval by a couple of weeks while they did some financial restructuring but we all know how that ended up now.
The major difference seems to be the mulitple lay-offs that Newmar is having would indicate they are not hiding anything but rather making every attempt to deal with the lower sales in the U.S.A.
Today is just the tomorrow you worried about yesterday!
'04' International 4400 LoPro 310Hp/950FtLbs 10Spd Harley/RV Toter
'05' Mobile Suites 38RL3
'01' Harley Ultra in the bike barn.
|
Herculez
North Carolina
Senior Member
Joined: 08/13/2006
View Profile
Offline
|
CardinalCamper wrote:I sure hope so great company. But look what happened to Travel Supreme they I thought would hang in for the long haul
Travel Supreme was a much smaller company then Newmar and was started by people that use to work at Newmar.
I spent some time at the Travel Supreme factory looking at their manufacturing lines.
I do admit that I was surprised to see them close so quickly. That could happen to any company of any size. Lets pray that Newmar has made the right decisions to hang in their.
I wonder how some of these newer companies are doing that just started up in recent times.
Britt
|
D&E Johnson
Ontario Canada/Brenda Arizona
Senior Member
Joined: 08/30/2003
View Profile
Offline
|
Pilgrim International closed last friday. Even their web site has disappeared. They had a rally In Indiana in July, factory tours, BBQ's the works, showed their new composite line, then poof-not even a month, gone! Our 5th is one yr old and we had warranty work done in April with our dealer. Really minor things we could have done ourselves, but heck, warranty covered it. Al least all the components like fridge,stove etc have their own warranties. guess we'll just take good care of it and enjoy it. I feel for all the employees and their families. I'm sure some have been with these companies a long time. Hoping the economy gets better. Dona
Dona and Elvin
2004 6.0l F350 turbo-diesel/4x4/crew cab/shortbed-wedgewood blue)
2007 Open Road 359RL3S
2004 Yamaha Kodiak 400 ATV
Retired early and ready to see North America!
|
chuck145
West Monroe, LA 71291
Full Member
Joined: 09/17/2003
View Profile
Offline
|
I just went to the Pilgrim International web site at http://www.pilgrimintl.com/. I also called their factory and got voice mail. Where did you get your information that they closed?
|
|
|
