Dometic Group, a global leader of leisure products for the recreational vehicle, marine, truck and automotive-based industries, today (Sept. 9) announced that it has signed an exclusive purchase agreement with Elkhart, Ind.-based Atwood Mobile Products LLC.
According to a press release, this acquisition will complement and further diversify Dometic’s existing product offerings and strengthen the company’s global footprint. Atwood is a global provider in designing, engineering and manufacturing appliances and hardware for the RV, on-/off-Highway and marine industries for over 50 years.
“The key rationale behind this important acquisition is that it will expand our product range offered to our North American and global customers,” said Roger Johansson, president and CEO of Dometic Group. “With Atwood as part of our group, we will be able to offer high quality water heaters, ventilation technology, windows and doors, innovative furnaces, and more – products which have not been included in our present North American offering.”
Atwood’s primary markets are North America and Australia. The company has 775 employees and annual sales of approximately $200 million.
“Atwood has a strong set of offerings and a reputation for providing high quality products and accessories.” says Frank Marciano, president of Dometic Americas. “Combined, we will be able to offer our global customers a great complement to our current range, access to our global exceptional service teams and ultimately greater value.”
Tim Stephens, CEO and president of Atwood Mobile Products, added, “With Dometic, we have found a partner that gives us more growth opportunities in the markets we serve. Together, we will be able to offer a full range of complementary appliances and equipment that will enhance our customers’ comfort when away from home.”
Dometic Group’s global revenue, on a rolling 12 months, after the acquisition will amount to approximately $1,400 million and the number of employees will increase to 7,200. Terms of the potential acquisition were not disclosed. The acquisition is pending governmental regulatory review.
posted by MICHAEL EIDSMOE @ 7:12 AM
Tiffin Motorhomes, Inc.
(Tiffin) is recalling certain model year 2014 Allegro Bus
recreational vehicles equipped with certain Villa International ABTS driver and passenger ABTS seats. The seat belt attachment may be incorrect and the seat belt may fray if it rubs along a steel bracket in the seat, reducing its strength. As such, these seats do not conform to Federal Motor Vehicle Safety Standard (FMVSS) number 209, "Seat Belt Assemblies."
The weakened seat belt may fail to properly restrain the seat occupant in the event of a crash, increasing the risk of injury.
Tiffin will notify owners, and dealers will inspect and, as necessary, repair the single link system with fasteners and re-attaching the seat belt bracket, free of charge. The recall began in August 2014. Owners may contact Tiffin customer service at 1-256-356-8661.
Forest River Inc.
(Forest River) is recalling certain model year 2013-2014 Georgetown, Sunseeker, Forester, Cross Country, Pathfinder, Cardinal, Blue Ridge, Cedar Creek, and Brookstone
recreational vehicles manufactured March 11, 2013, through April 26, 2013 and equipped with certain Frigidaire Convection Microwave models CFMV152CLB and CFMV154CLS.
The microwave may start on it's own and begin heating when unattended.
If the microwave starts on its own and there are contents inside, a fire could result.
Forest River will notify owners, and dealers will repair the membrane/keypad component, free of charge. The recall is expected to begin in September 2014. Owners may contact Forest River customer service at 1-800-353-7383.
General Motors LLC
(GM) is recalling certain model year 2002-2004 Saturn Vue
vehicles manufactured September 11, 2001, to April 6, 2004. In the affected vehicles, it may be possible for the key to be removed from the ignition when the ignition is not in the "Off" position.
If the key can be removed from the ignition when the ignition is not in the "off" position, the vehicle could roll away: (a) for an automatic transmission, if the transmission is not in the "Park" position; or (b) for a manual transmission, if the parking brake is not engaged and the transmission is not in the "Reverse" position. This potential for rollaway increases the risk for a crash and occupant or pedestrian injuries.
GM will notify owners, and dealers will inspect the vehicle to see if the key can be pulled out when the ignition is off. If it can, dealers will replace the ignition cylinder and keys, free of charge. The manufacturer has not yet provided a notification schedule. Owners may contact Saturn customer service at 1-800-553-6000. GM's number for this recall is 14506. Note: Until a vehicle has been remedied, owners and operators are advised that when exiting, to be sure that the vehicle is in "Park," or in the case of a manual transmission, that the vehicle is in the "Reverse" position and the parking brake is engaged.
posted by MICHAEL EIDSMOE @ 8:45 AM