Airstream CEO reveals what's next for the iconic American company - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The CEO of American icon Airstream explains why the company decided to stay in Ohio and how it decided to build a new factory for 21st-century growth

Bob Wheeler is CEO of Airstream, the 86-year-old maker of iconic, silvery trailers.

Wheeler was referring to the company's new 725,000 square-foot factory, a short drive from Airstream's old plant, around since 1970. "Sixty percent of the recreational vehicles we make are sold west of the Rockies," he said. The question was whether Airstream should leave its longtime home in Jackson Center, Ohio, or stay put."The number one resource we can't reliably create someplace else is the workforce," he said. "We didn't have the confidence that we could find people who understand our heritage."That's a classic Bob Wheeler insight.

According to Wheeler, that wasn't a disaster. "A step back is OK, as long as it's not a slide," he said. "A dramatic swing would be 20-to-25%. He added that dealer confidence is strong, suggesting that "everything is stacking up well" for 2020.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Please do a 4 sleeper travel van!!!!

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Diane Bryant explains why she took CEO job at Neural Analytics - Business InsiderBryant's new startup quickly diagnoses strokes. She recalls how a colleague famously suffered a stroke and the doctor didn't believe him.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Fortress CEO Wes Edens didn't go to meetings despite racking $115M tab - Business InsiderThe billionaire and Milwaukee Bucks co-owner was the chair of the board of New Media — a public media investment firm spun out by his private-equity firm in 2013.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Former VW CEO may keep $12 million bonus despite Dieselgate charges - Business InsiderFormer Volkswagen CEO Martin Winterkorn may be able to keep a $12 million bonus despite charges of fraud and embezzlement in the company's diesel scandal USA CORPORATE ESPIONAGE, MORE MILES PER GALLON EQUALED LESS SMOG WHEN USING OTHER CALCULATIONS-- USA COULDN'T HANDLE THE COMPETITION. ONLY CERTAIN CARS ALLOWED IN TO SELL IN USA ANYWAY.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Expedia is not searching for a new CEO as employees worry about a sale - Business InsiderBarry Diller told Expedia employees that it's not hunting for a replacement for its ousted CEO, and some insiders are worried the $16 billion company is heading for a sale techinsider heee
Source: BusinessInsider - 🏆 729. / 51 Read more »

Baupost CEO Seth Klarman slams WeWork, Adam Neumann in investor letter - Business InsiderBaupost Group's Seth Klarman blasted WeWork cofounder Adam Neumann's $1.7 billion golden parachute as the 'epitome of capitalist excess.'
Source: BusinessInsider - 🏆 729. / 51 Read more »