Corporate Profile for Winnebago Industries Inc., dated Sept. 29, 2000
29 September 2000
Corporate Profile for Winnebago Industries Inc., dated Sept. 29, 2000
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Published Date: Sept. 29, 2000
Company Name: Winnebago Industries Inc.
Address: P.O. Box 152, 605 W. Crystal Lake Rd.
Forest City, IA
Main Telephone
Number: 641-585-3535
Internet Home
Page Address
(URL) www.winnebagoind.com
Chief Executive
Officer: Bruce D. Hertzke
Chief Financial
Officer: Edwin F. Barker
Investor Relations
Contact: Edwin F. Barker
Business number: 641-585-6141
E-mail address: ebarker@winnebagoind.com
Public Relations
Contact: Sheila Davis
Business number: 641-585-6803
E-mail address: sdavis@winnebagoind.com
Industry: Recreation Vehicle
Trading Symbol/
Exchange: WGO
Market Makers: N/A
Company description: Winnebago Industries, Inc. is a leading U.S. manufacturer of motor homes with over 42 years experience in the recreation vehicle industry. Through the end of the third quarter of fiscal 2000, Winnebago Industries had completed 10 consecutive quarters of record revenues with the strongest balance sheet in its history and no long term debt.
The long-term outlook for motor home sales continues to appear very favorable. Approximately every seven seconds, one of 77 million baby boomers in the U.S. will reach the age of 50 (the typical age of the motor home consumer) further increasing the company's target market by over 350,000 each month. This growth trend is expected to continue for the next 30 years. Winnebago Industries should benefit from this influx of consumers in particular because of the Company's strong brand recognition.
As a leader in motor home manufacturing technology, Winnebago Industries has a continued commitment to be in the forefront of new motor home development, particularly with the growing market of baby boomers in mind. Since the 1997 model year, 100 percent of Winnebago Industries' motor homes have been introduced as completely new models or have been significantly redesigned. Winnebago Industries will continue to develop new products for the motor home consumer with emphasis on quality, safety and function.
Winnebago Industries' motor homes are currently sold internationally through dealer organizations primarily under the Winnebago&No.61650;, Itasca&No.61650;, Rialta&No.61650; and Ultimate brand names.
Winnebago Industries has the world's largest RV production facility at its headquarters in Forest City, Iowa. In addition, the Company utilizes satellite facilities in Hampton, Lorimor, and Charles City, Iowa. Winnebago Industries is a vertical manufacturer and produces the majority of the parts used in the Company's motor homes. The Company's quality motor homes are built with state-of-the-art computer-aided design and manufacturing systems on automotive-styled assembly lines. The Company also believes its products are subjected to the most rigorous quality testing in the RV industry.