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Forest River
Founded 1996
Founder(s) Peter Liegl
Headquarters Elkhart, Indiana, USA
Products recreational vehicles, buses, cargo trailers, utility trailer, pontoon boats
Revenue (turnover) $1.6 billion
Employees 5,400
Parent Berkshire Hathaway
Website http://www.forestriverinc.com/


Forest River Inc, a US manufacturer of a diverse line of primarily recreational vehicle products, $1.6 billion in sales, 60 plants, 5,400 employees. Located in Elkhart, Indiana, USA, the company operates multiple manufacturing facilities throughout the mid-west and west coast. CEO, Peter Liegl founded the company in 1996, which today makes all classes of RV's, cargo trailers, utility trailer, pontoon boats, light and medium-duty buses (primarily shuttle buses, not inner-city transit buses), portable offices, and structures to use for temporary schools. Forest River also owns a manufactured housing business, Hart Homes.

On June 22, 2005, Warren Buffett, head of Berkshire Hathaway, made an offer to purchase Forest River over the telephone while speaking to Pete Liegl. This offer came just one day after he had first learned about the company from a fax received at his office which detailed why Forest River would be a solid acquisition for Berkshire.

On June 28 Warren and Pete shook hands on a deal. Warren then gave Pete his home telephone number and his cell number and told him if he needs something to call him, "Otherwise I talk to you in a year, or so". The transaction was closed on August 31, 2005.[citation needed]

In Berkshire Hathaway Inc's 2005 annual report,[1] the seventy-five year-old Buffett states, "Pete is a remarkable entrepreneur". And adds, "You can be sure that I won't be telling Pete how to manage his operation".

Competitors: Gulf Stream Coach, Jayco, Skyline Corporation, Thor Industries

Brands Edit

Forest River sells its vehicles under several different brands. The following brands are part of Forest River.

Motor home brands:

  • Berkshire
  • Charleston
  • Forester
  • Georgetown
  • Lexington
  • Sunseeker
    Sunseeker logo forestriver
  • Tsunami

Travel trailer and fifth wheel brands:

  • Cardinal
  • Cedar Creek
  • Cherokee
    Cherokee logo forestriver
  • Day Dreamer
  • Flagstaff
  • r-pod
  • Rockwood
  • Salem
  • Sandpiper
    Sandpiper logo forestriver
  • Shamrock
  • Sierra
  • Surveyor
  • V-Cross
    VCross logo forestriver
  • Wildcat
  • Wildwood

Park model brands:

  • Kabana
  • Quailridge
  • Summitt

Modular & HUD Homes:

  • Sterling
  • Hart Homes

Buses:

Commercial Vehicles:

  • Rockport

References Edit

External links Edit


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