Fleetwood Enterprises
{{Advert|date=June 2019}}
{{Infobox company
| name = Fleetwood RV
| image =
| image_caption = Fleetwood RV
| type =
| predecessor =
| successor =
| foundation = {{Start date|1950}}
| founder = John C. Crean
| location =
| locations =
| location_city = Decatur, Indiana (2009–present)
| location_country =
| industry =
| products = Recreational vehicles
| production =
| services =
| owner =
| num_employees =
| parent = REV Group
| footnotes =
}}
Fleetwood RV is a producer of recreational vehicles (RVs). Founded in 1950, Fleetwood RV is part of REV Group. Rev's recreation division includes Fleetwood RV, American Coach, Monaco, Holiday Rambler, Renegade RV, Midwest Automotive Designs, and Lance Campers.{{Cite web|url=https://www.revgroup.com/#recreation|title=Home|date=15 March 2022 }}
History
Fleetwood RV's origins date back to 1950, when John C. Crean formed Coach Specialties Company in southern California, as a maker of window blinds for travel trailers. Around 1953, Crean renamed the company to Fleetwood Trailer Company, a name inspired by the automotive bodies incorporated into various Cadillac lines of automobiles. In 1957, the company was reincorporated as Fleetwood Enterprises, Inc.
During its first dozen years, the company moved from Compton to Paramount to Anaheim. It moved again in 1962 to Riverside, California. Fleetwood became a public company in 1965, reporting annual sales of $18.5 million. The company became part of the Fortune 500 in 1973, remaining there for nearly three decades. By 1989, Fleetwood RVs sales reached the one billion dollar milestone; five years later, it hit the same milestone in its sales of manufactured homes.
= 21st century =
In November 2008, Fleetwood Enterprises announced it was closing several factories across the United States.[http://www.pe.com/business/local/stories/PE_Biz_S_fleetwood01.399f479.html Riverside-based Fleetwood Enterprises, years into an attempted turnaround, will be delisted Monday]{{Dead link|date=August 2023 |bot=InternetArchiveBot |fix-attempted=yes }} at The Press-Enterprise On March 10, 2009, the company filed for bankruptcy under Chapter 11 of the United States Code and announced the closing of its travel trailer division.{{cite web| url= https://www.bloomberg.com/apps/news?pid=newsarchive&sid=aJH4bsV_2t.k | title=Fleetwood Enterprises, RV Maker, Seeks Bankruptcy (Update2) | publisher=Bloomberg| first=Erik |last=Larson |date=March 10, 2009 | access-date=2013-06-21}}
On July 17, 2009, the private equity firm American Industrial Partners ("AIP") acquired the motorized recreational vehicle assets from the company.{{cite web| url= http://www.americanindustrial.com/aboutaip/pressrel/newsdetail?id=9| title= American Industrial Partners Completes Acquisition of Fleetwood Motorized Recreational Vehicle Business, Including the Goldshield Fiberglass Supply Business| work= Press release| publisher= American Industrial Partners| date= July 17, 2009| access-date=2013-06-21| archive-url= https://web.archive.org/web/20130310114255/http://www.americanindustrial.com/aboutaip/pressrel/newsdetail?id=9| archive-date= March 10, 2013| url-status= dead}} The next month, Cavco Industries acquired the manufactured housing division. Fleetwood RV is now headquartered in Decatur, Indiana. In 2010, AIP combined Fleetwood with E-One, Collins Industries and Halcore Group to form Allied Specialty Vehicles.{{cite web|url=http://www.americanindustrial.com/aboutaip/pressrel/newsdetail?id=12 |date=August 24, 2010 |title=American Industrial Partners Announces the Formation of Allied Specialty Vehicles, Inc., a Leading Manufacturer of Specialty Vehicles in North America |publisher=American Industrial Partners |work=Press release |access-date=2013-06-21 |url-status=dead |archive-url=https://web.archive.org/web/20150601033039/http://www.americanindustrial.com/aboutaip/pressrel/newsdetail?id=12 |archive-date=2015-06-01 }} On February 2, 2010, Heartland Recreational Vehicles acquired the remaining active trademarks of the towable brands of Fleetwood Enterprises, Inc.{{cite web |url=http://www.rvbusiness.com/2010/02/heartland-acquires-fleetwood-towable-brands/ |title=article, "Heartland Acquires Fleetwood Towable Brands" |publisher=Rvbusiness.com |date=2010-02-03 |access-date=2012-01-31 |archive-date=2012-03-04 |archive-url=https://web.archive.org/web/20120304065900/http://www.rvbusiness.com/2010/02/heartland-acquires-fleetwood-towable-brands/ |url-status=dead }}
References
{{Reflist| colwidth=30em | refs=
{{cite web| title= Gale Directory of Company Histories: Fleetwood Enterprises, Inc.| url= http://www.answers.com/topic/fleetwood-enterprises-inc | work= Gale Directory | publisher= Answers.com | access-date= 2013-06-21}}
{{cite web| title= Fleetwood leaves trail of prosperous times| url= http://www.pe.com/local-news/reports/fleetwood/fleetwood-headlines/20110928-fleetwood-leaves-trail-of-prosperous-times.ece| archive-url= https://archive.today/20130624191136/http://www.pe.com/local-news/reports/fleetwood/fleetwood-headlines/20110928-fleetwood-leaves-trail-of-prosperous-times.ece| url-status= dead| archive-date= June 24, 2013| first= Kimberly| last= Pierceall| date= September 27, 2011| orig-date= August 18, 2009| publisher= The Press-Enterprise| access-date= 2013-06-21}}
}}
{{Commons category|Fleetwood RV}}
{{Portal|Companies}}
{{Authority control}}
Category:1950 establishments in California
Category:Recreational vehicle manufacturers
Category:Manufacturing companies established in 1950
Category:Defunct companies based in California
Category:Defunct companies based in Indiana
Category:Private equity portfolio companies
Category:Companies that filed for Chapter 11 bankruptcy in 2009