Keystone RV Co. today (Aug. 17) announced it expects to hire up to an additional 200 employees later this fall as it acquires a new 140,000- square-foot manufacturing facility located in Goshen, Ind., to accommodate growth of its “stick and tin” and laminated product lines
According to Keystone President and CEO Ron Fenech, the new plant is needed in order to keep up with demand as the company continues to gain market share.
“The past year has been challenging for everyone involved in the RV industry,” said Fenech. “However, Keystone is in the fortunate position of growing our business and preparing for continued improvement in the overall market. This new facility will allow us to run two production lines. And very soon you will hear about other moves we are making to dramatically improve our lead times for delivery of models to our dealers.”
The new Keystone facility located at 2639 Lincoln Way East (U.S. 33) will manufacture several of the popular selling Keystone travel trailer and fifth-wheel brands. It is in the same industrial park as the main Keystone complex.
Keystone’s retail market share has grown to more than 22% during the past year and the company sees this trend continuing.
“By adding facilities and staff now, Keystone dealers and customers will have the RVs they want when they need them,” said Bob Martin, executive vice president. “Even during the industry downturn, we were investing heavily in our existing brands. Over the next six months our dealers will love where we are heading with our products.”
Keystone has plants in Goshen and Pendleton, Ore. It is a subsidary of Thor Industries Inc., Jackson Center, Ohio, the world’s largest manufacturer of recreation vehicles and a major builder of commercial buses.