Forest River's RV Manufacturing Consolidation and New Power Systems - RV Miles News

TLDRForest River is consolidating its Ibex and No Boundaries divisions, resulting in layoffs in Elkart, Indiana. Volta Power Systems will provide motor home lines with a lithium power system. Forest River's new ogv luxury coach division partners with Dragonfly Energy for their Battle Born lithium batteries.

Key insights

:factory:Forest River is consolidating its Ibex and No Boundaries divisions, resulting in some layoffs in Elkart, Indiana.

:battery:Volta Power Systems will provide several motor home lines with a beefy lithium power system.

:battery:Dragonfly Energy is supplying Battle Born lithium batteries for Forest River's new ogv luxury coach division.

:moneybag:Interest rates for RV loans have been cut, leading to better than expected sales in the RV industry.

:chart_with_upwards_trend:New York State parks saw a record-breaking 84.1 million visits in 2023.

Q&A

What is the reason behind the layoffs in Elkart, Indiana?

The layoffs in Elkart, Indiana, are a result of Forest River consolidating its Ibex and No Boundaries divisions.

What type of power system will Volta Power Systems provide for motor homes?

Volta Power Systems will provide motor homes with a beefy lithium power system.

What brand of lithium batteries is being provided by Dragonfly Energy?

Dragonfly Energy is supplying Battle Born lithium batteries for Forest River's new ogv luxury coach division.

Why are RV sales better than expected?

Interest rates for RV loans have been cut by retail lenders, leading to increased sales in the RV industry.

How many visits did New York State parks receive in 2023?

New York State parks saw a record-breaking 84.1 million visits in 2023.

Timestamped Summary

00:00Forest River is consolidating its Ibex and No Boundaries divisions, resulting in layoffs in Elkart, Indiana.

02:00Volta Power Systems will provide several motor home lines with a beefy lithium power system.

02:59Dragonfly Energy is supplying Battle Born lithium batteries for Forest River's new ogv luxury coach division.

03:55Interest rates for RV loans have been cut by retail lenders.

07:04New York State parks saw a record-breaking 84.1 million visits in 2023.