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Milwaukee, Wis.-based investment firm Robert W. Baird & Co., which regularly tracks the recreational vehicle sector, issued a report offering a breakdown of travel trailer units shipped to the Federal Emergency Management Agency (FEMA) for use as temporary shelter.
Baird’s data, compiled from FEMA documents and other sources, showed that the industry has sold 91,794 units to FEMA – 60,600 trailers direct from manufacturers and 31,194 through intermediaries – with a cumulative value of $1.2 billion.
The report noted that various sources project the entire FEMA order at 125,000 units.
Other highlights from the analysis include:
• Manufacturers supplied 60,600 Emergency Living Units (ELU) valued at over $625 million directly to FEMA. Fleetwood Enterprises Inc. and Gulf Stream Coach Inc. were the primary builders involved in ELU production.
• Gulf Stream was the single largest supplier with a commitment to sell 50,000 ELUs valued at over $500 million.
• The 31,194 units supplied by dealers and brokers were valued at over $600 million.
• The leading dealer/brokers include Tom Stinnett Holiday RV, Aberdeen R.V. Center, Stewart Park Homes, Kings RV, Van Hoy Long, The Turning Wheel RV, and FreedomRoads affiliated dealerships.
• The leading states (excluding manufacturer-direct units) are Mississippi, Louisiana, Indiana, Florida, Georgia. All in all, Indiana is poised to benefit the most.