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WINNEBAGO INDUSTRIES  INC. (WGO)-- Based in Forest City, Iowa, Winnebago is a leading manufacturer of motor homes that are self-contained recreational-type vehicles. It  invested nearly $2.7 million to build a new 50,000-square foot manufacturing facility in Charles City, Iowa, which assembles the firm’s motor homes. Winnebago’s newest facility, situated across the street from the firm’s Hardwoods Division, features the Ultimate chassis modification division, that was located at another Charles City location. Production started in the spring of 2000. 

Ultimate motor home lines are built on the Freightliner Custom Chassis Corp. and Spartan Motors Inc. rear-engine diesel chassis. Winnebago earned a higher $10.7 million, or $0.51 per diluted common share, during the first quarter of fiscal 2002 ended December 1, 2001, from rising sales of $179.1 million. A year earlier, it netted $8.6 million, or $0.40 per common share, from turnover of $164.2 million.

Winnebago attributes its continuing expansion of market share in the local Class-A and Class-C recreational-type vehicle market to successful redesign of 65 per cent of its product portfolio.