Winnebago Industries Inc. is coming to Waverly, Iowa, but it’s not exactly a homecoming for Randy Potts.
Cedar Valley Business reported that Potts, a Waterloo native, has been chairman, CEO and president of the Forest City-based motorhome since 2010. He’s a native of Waterloo’s Orange Township, and says he understands the Cedar Valley’s potential, in terms of workforce and development.
The new Waverly facility will be used for wire loom assembly activities for the company’s motorhomes. Wire loom assemblies are a motor home’s 12-volt wiring system. Operations will be relocated from Forest City in the coming months.
Potts said he played an active role in selecting the site in a 33,000-square-foot building in Waverly’s Southwest Business Park.
“Really, it’s a series of decisions,” he said, noting that discussions about the move began at the close of the company’s first fiscal quarter in December. “The first is that we recognized the need to reach beyond our current labor base here in Forest City. We needed to find that and act on it.”
The next decision, he said, focused on what type of work would be a good candidate for relocation and where it should operate, Potts said.
“So, there’s really a lot of decisions involved, and I’m quite involved in all of those,” he said.
The Waverly production facility is expected to employ 70 full-time workers with a capital investment of $1.5 to $2 million, Winnebago reported when it announced its decision to go to Waverly.
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