Thursday, May 01, 2008
ALFA LEISURE HAS CLOSED IT'S DOORS
RV Business
May 1, 2008
Alfa Leisure Inc. has ceased operations at its headquarters in Ontario, Calif.
Several dealers that handle the company’s line of See Ya! Class A motorhomes and Alpha luxury fifth-wheels confirmed with RVBusiness they received notice the company had shut down. Other industry sources informed RVBusiness that the factory was closed and locked Wednesday (April 30).
Calls made to Alfa Leisure were unanswered and attempts to contact representatives at Los Angeles-based Nogales Investors, which acquired Alfa Leisure in 2005, were not returned.
On April 21, Alfa Leisure reported that it had secured property to build another manufacturing plant in Oregon’s Douglas County. At the time, Alfa said that Ontario would continue to be its headquarters.
Alfa is the latest Class A motorhome builder to close down as the sector is currently in its fourth year of declining sales.
Yakima, Wash.-based Western RV Inc., which is owned by private equity firm Monomoy Capital Partners, ceased operations on April 15. Travel Supreme Inc., Wakarusa, Ind., had suspended operations before forging a deal with Middlebury, Ind.-based Jayco Corp. in an asset buyout on April 4.
Several publicly-traded manufacturers have also reported lower performance in the early part of 2008, pulled down by depressed motorhome sales.
Alfa Leisure was established in 1973 by CEO Johnnie R. Crean, son of retired Fleetwood Industries Inc. founder and CEO John C. Crean who passed away in January of 2007.
May 1, 2008
Alfa Leisure Inc. has ceased operations at its headquarters in Ontario, Calif.
Several dealers that handle the company’s line of See Ya! Class A motorhomes and Alpha luxury fifth-wheels confirmed with RVBusiness they received notice the company had shut down. Other industry sources informed RVBusiness that the factory was closed and locked Wednesday (April 30).
Calls made to Alfa Leisure were unanswered and attempts to contact representatives at Los Angeles-based Nogales Investors, which acquired Alfa Leisure in 2005, were not returned.
On April 21, Alfa Leisure reported that it had secured property to build another manufacturing plant in Oregon’s Douglas County. At the time, Alfa said that Ontario would continue to be its headquarters.
Alfa is the latest Class A motorhome builder to close down as the sector is currently in its fourth year of declining sales.
Yakima, Wash.-based Western RV Inc., which is owned by private equity firm Monomoy Capital Partners, ceased operations on April 15. Travel Supreme Inc., Wakarusa, Ind., had suspended operations before forging a deal with Middlebury, Ind.-based Jayco Corp. in an asset buyout on April 4.
Several publicly-traded manufacturers have also reported lower performance in the early part of 2008, pulled down by depressed motorhome sales.
Alfa Leisure was established in 1973 by CEO Johnnie R. Crean, son of retired Fleetwood Industries Inc. founder and CEO John C. Crean who passed away in January of 2007.
