• Home
  • News
    • Politics & Government
    • Business & Economy
    • Crime / Courts
    • Health / Medicine
  • Sports
    • High School Sports
    • Radio Iowa Poll
  • Affiliates
    • Affiliate Support Page
  • Contact Us
    • Reporters

Radio Iowa

Iowa's Radio News Network

You are here: Home / Business / Winnebago earnings continue strong

Winnebago earnings continue strong

March 18, 2004 By admin

Forest City-based Winnebago Industries reports more record earnings. The nation’s leading motor home maker saw record net income for the second quarter of 15-point-nine-million dollars, a 29-percent increase compared to last year’s second quarter. Net income for the first six months of fiscal 2004 was a record 33-point-nine-million dollars, a 19-percent increase over last year. Winnebago C-E-O Bruce Hertzke says the recreational vehicle industry continues to thrive. He says the recent string of record earnings reports shows Winnebago is a plus to the state’s economic community. He says they’re one of the few areas in northeast Iowa that continues to hire new people. Hertzke says Winnebago’s recent expansions in Charles City have helped the company remain strong. He says they would probably have not been able to hire enough people to meet the demand if they hadn’t expanded production in Charles City. Winnebago’s sales order backlog has increased more than 50-percent when compared to last year, with just over 29-hundred orders on hand. Hertzke says it shows the demand for motor homes will continue to be strong. Hertzke says the prospects of rising gasoline prices should -not- hurt the R-V industry, as he says the actual cost of gas isn’t the concern. He says it’s more of a concern on a consumer confidence level. Winnebago reported revenues of 521-million dollars for the first six months of fiscal 2004, a 24-percent increase compared to the first six months of fiscal 2003.

Share this:

  • Facebook
  • Twitter

Filed Under: Business, Recreation / Entertainment Tagged With: Employment and Labor

Featured Stories

Governor signs child care expansion into law

Iowa seniors have until July 1 to apply for new property tax break

Smoke from distant fires creates colorful sunrise in Iowa

DOT’s Motor Vehicle Enforcement Division to merge into State Patrol

Iowa’s governor approves liability limits for trucking industry

TwitterFacebook
Tweets by RadioIowa

Cameron Young to compete at the John Deere Classic

Radio Iowa/Baseball Coaches Association High School Poll 5/29/23

Iowa AD Gary Barta announces retirement

Iowa to visit Creighton in Gavitt Tipoff Games

Iowa and Indiana collide Thursday at B1G baseball tournament

More Sports

Archives

Copyright © 2023 ยท Learfield News & Ag, LLC