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| Founded | 1950 (1950) |
|---|---|
| Founder | John C. Crean |
| Headquarters | Decatur, Indiana (2009–present) |
| Products | Recreational vehicles |
| Parent | REV Group |
Fleetwood RV is a producer ofrecreational vehicles (RVs). Founded in 1950, Fleetwood RV is part ofREV Group. Rev's recreation division includes Fleetwood RV, American Coach,Monaco,Holiday Rambler, Renegade RV, Midwest Automotive Designs, and Lance Campers.[1]
Fleetwood RV's origins date back to 1950, when John C. Crean formed Coach Specialties Company insouthern California, as a maker ofwindow blinds fortravel trailers.[2] Around 1953, Crean renamed the company to Fleetwood Trailer Company, a name inspired by theautomotive bodies incorporated into variousCadillac lines of automobiles.[2] In 1957, the company was reincorporated as Fleetwood Enterprises, Inc.
During its first dozen years, the company moved fromCompton toParamount toAnaheim. It moved again in 1962 toRiverside, California. Fleetwood became a public company in 1965, reporting annual sales of $18.5 million.[2] The company became part of theFortune 500 in 1973, remaining there for nearly three decades.[3] 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.[3]
In November 2008, Fleetwood Enterprises announced it was closing severalfactories across the United States.[4] On March 10, 2009, the company filed for bankruptcy underChapter 11 of the United States Code and announced the closing of itstravel trailer division.[5]
On July 17, 2009, theprivate equity firm American Industrial Partners ("AIP") acquired the motorized recreational vehicle assets from the company.[6] The next month, Cavco Industries acquired the manufactured housing division. Fleetwood RV is now headquartered inDecatur, Indiana. In 2010, AIP combined Fleetwood with E-One,Collins Industries and Halcore Group to formAllied Specialty Vehicles.[7] On February 2, 2010,Heartland Recreational Vehicles acquired the remaining active trademarks of the towable brands of Fleetwood Enterprises, Inc.[8]
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