Goshen, Ind.-based Lippert Components Inc. will launch a new  consumer-use cargo trailer, the Tow-N-Stow, that converts and  stores itself as a  storage  unit, at the National Hardware Show  May 5-7 at the Las Vegas  Convention  Center. The unit’s  substructure is made up of steel and  composites that  reinforce  an outer shell consisting of a lightweight, durable  polymer made  from recycled product. The chassis employs a load-dampening torsion axle and steel substructure produced entirely in the U.S. at Lippert’s manufacturing plants. The unit provides nearly 50 cubic feet of lockable, watertight cargo or storage capacity. The Tow-N-Stow’s most innovative feature is its ability to convert from a cargo trailer into an upright, outdoor storage unit in less than one minute. Lippert has domestic and foreign patents pending and is beginning the manufacturing process of the Tow-N-Stow this month. The Tow-N-Stow will be available for retail distribution into home improvement and sporting goods markets. “Fuel costs and a softening economy provide Lippert Components with a  unique opportunity to offer a product that helps consumers maximize fuel  conservation with smaller automobiles,” said Jason Lippert, CEO of Lippert  Components, “which should be very advantageous for our customers. The  Tow-N-Stow lightweight consumer trailer will also utilize our existing  manufacturing capacity, making production very efficient.”