Keystone RV Closing Two Plants in Goshen, IN

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camperAL

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Since I am close to Elkhart, IN. I hear or see on the news when things are happening both positive or negative. Keystone is closing two plants in Goshen that will effect about 300 jobs. It was stated that gas prices, economy and the huge sale of RV's in the past two years has slowed their production. Wondering if other plants of different manufactures will follow suit.
 

winona

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Was unaware of the news. Even though I’m in Indiana, I only get Chicago news. Sorry for Elkhart — they don’t need more unemployment.
 

Gary RV_Wizard

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The RV industry is recognized (in financial circles) as a bell-weather for the economy. Or at least for the buying public's view of the economy. New RV sales are one of the first things to take a nose dive when the economy starts going sour and the first to recover when things begin to look up again. Smart RV companies know when to hunker down and try to survive.
 

SpencerPJ

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If you plan to sell, now is the time, if you plan to buy, wait a few months. I have seen such news as well, and the local RV outlets seem to have full lots once again.
 

Kirk

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Keystone plans to close two Goshen plants

and from the South Bend Tribune

At the retail level, there’s more evidence of a slowdown — at least compared to the blistering pace that was set in the immediate aftermath of the beginning of the pandemic when consumers sought out RVs, boats and other types of outdoor recreational that were deemed safer than other activities.

Even though RV shipments have remained relatively strong through the first half, retail registrations of RVs already have begun to slide, dropping 23.5% through May compared to the first five months of 2021 in the United States and Canada, according to Grand Rapids-based Statistical Surveys Inc.
 

Cameodon

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Edgewater, fl
Yeah, kinda expected. The high gas prices are great for EV sales, buy lousy for RV sales.

And then everybody and his brother bought a new RV in last couple of years during the COVID thing.

Even me.

-Don- Auburn, CA
Me too, and I will never buy new again! ESPECIALLY if you have to go thru Keystone for service.
 

SMR

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When we were Elkhart this past spring for warranty work....., our friends drove us by the Amazon distribution center they are building in Elkhart. IIRC he said about 1000 new jobs.
From the South Bend newspaper
"The Elkhart area will likely have to look outside its borders to find the estimated 1,000 workers needed at a massive 800,000-square-foot Amazon fulfillment center along the Indiana Toll Road and a smaller delivery station that’s being built near the Elkhart Municipal Airport."
 

Reinigm

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Westminster, CA
The RV industry is recognized (in financial circles) as a bell-weather for the economy. Or at least for the buying public's view of the economy. New RV sales are one of the first things to take a nose dive when the economy starts going sour and the first to recover when things begin to look up again. Smart RV companies know when to hunker down and try to survive.
It's the same with boat sales. They have a tendency to dive in bad times.
 

Reinigm

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Westminster, CA
When we were Elkhart this past spring for warranty work....., our friends drove us by the Amazon distribution center they are building in Elkhart. IIRC he said about 1000 new jobs.
From the South Bend newspaper
"The Elkhart area will likely have to look outside its borders to find the estimated 1,000 workers needed at a massive 800,000-square-foot Amazon fulfillment center along the Indiana Toll Road and a smaller delivery station that’s being built near the Elkhart Municipal Airport."
Whenever I see that someone is opening a large plant like this, I wonder where they are going to find the employees. That's something I'm wondering about with the so called "Inflation Reduction Act" Congress is trying to pass. Where do you find 87,000 qualified people to be IRS agents? Makes no sense to me.
 

Lou Schneider

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"The Elkhart area will likely have to look outside its borders to find the estimated 1,000 workers needed at a massive 800,000-square-foot Amazon fulfillment center along the Indiana Toll Road and a smaller delivery station that’s being built near the Elkhart Municipal Airport."
Sounds like a good seasonal Amazon CamperForce opportunity coming up.
 
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