Winnebago moves from Iowa to Minnesota

DES MOINES, Iowa (AP) — Recreational vehicle and boat maker Winnebago Industries is moving its headquarters from Iowa to Minnesota, the company said in a statement.

Based in Forest City, Iowa, since its founding in 1958, the company said Thursday the move to Eden Prairie, Minnesota will be effective Dec. 1.

The company’s executive offices have been in Minnesota since 2016, when CEO Michael Happe, a former director of Eden Prairie-based lawn mower maker Toro Co., became president and CEO of Winnebago and remained there instead. to move to Iowa. No job loss is expected as a result of the official change and manufacturing sites will remain the same, the company said.

“Over the past few years, through strategic growth investments, we have expanded our company footprint to now include locations in Iowa, Indiana, Florida and Minnesota. Our Twin Cities site has been, and will continue to be, an effective resource for implementing our vision as a leading outdoor recreation business, as it supports the growth of all of our strong brands,” Happe said in a statement.

Winnebago Industries employs approximately 6,500 employees, of which approximately 100 are based out of its Eden Prairie office.

The company’s largest presence is in northern Iowa, where it employs more than 2,000 workers at plants in Charles City, Forest City, Lake Mills and Waverly.

The company said the Iowa operations will continue to be the manufacturing center for Winnebago RV and specialty vehicle products. The company plans to hire workers over the next 12 months to meet increased demand for recreational vehicles.

The company manufactures motorhomes, travel trailers, fifth wheel products, boats and convenience commercial vehicles under brands such as Winnebago, Chris-Craft and Newmar. It recently acquired Barletta Pontoon Boats.

The company in June reported record quarterly revenue of $960.7 million for its third quarter, which ended in May, a 138% increase over the same period a year earlier. .

Sales have exploded during the coronavirus pandemic as consumers have sought camping holidays rather than air travel or visiting crowded public spaces.

The company said consumer demand has created a backlog of more than 46,600 towable motorhomes worth $1.52 billion and a backlog of 18,145 for its iconic motorhomes worth $1.52 billion. $2.18 billion.

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