Travel trailer and fifth-wheels manufacturer Timberland RV Co. recently received local government grant money to help pay for a third assembly plant and a facility for towable RV frames supplier Lippert Components, according to the Peru (Ind.) Tribune.
Timberland, which does business as Adventure Manufacturing Inc., plans to build a new, 80,000-square-foot assembly plant and a smaller facility for Lippert, a subsidiary of Drew Industries Inc.
Currently, Timberland mainly builds aluminum skin towables but the new plant will be used to build its Glacier-brand fiberglass units, said Kean MacOwan, vice president.
The new plant will be Timberland’s largest. Its original plant is only 34,000 square feet and its second plant, which opened a year ago, comprises 76,000 square feet.
Timberland plans to build the new facilities on 20 acres of farmland adjacent to its existing factories in Peru, Ind. Because local government officials want to diversify the Peru and Miami (Ind.) County manufacturing base, the county commissioners agreed to provide Timberland with $70,000 to help pay for the 20 acres.
The city of Peru also agreed to provide a $70,000 grant to Timberland which means the company would need to pay only $60,000 of the estimated $200,000 total cost for the property, according to the newspaper.
The 20 acres has room for a potential fourth Timberland assembly plant, MacOwan added.
The cost of building and equipping the new factories is estimated to run from $2.5 million to $3 million, according to the newspaper.
Timberland’s latest expansion will create at least 65 new jobs during the first year and at least 110 new positions will be created during the second year, MacOwan said.
Timberland builds travel trailers and fifth-wheels ranging from 13 to 38 feet. In addition to the Glacier line, its brands include Timberlodge, Treasure Ship and Riverside.
During the first two months of this year, the most current data available, Timberland parent Adventure Manufacturing ranked No. 17 in terms of retail sales of travel trailers and fifth-wheels with a 0.9% market share, according to Statistical Surveys Inc., an independent market research firm.
During 2002, Adventure Manufacturing ranked No. 16 in terms of the retail market share for travel trailers and fifth-wheels with a 0.8% share.