Winnebago Begins Third Plant in Charles City, Iowa

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Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). Winnebago Industries, Incorporated (Forest City, Iowa) (NYSE:WGO) has begun construction for its largest plant yet in Charles City. The new 204,000 sqft plant will cost an estimated $12.5 million and is expected to increase Winnebago's production capacity by 30%. Commercial operation is scheduled to begin in early 2003.

The new plant is located in an industrial park off Avenue of the Saints Highway. Point Builders (Cedar Rapids, Iowa) is the primary design and construction contractor.

Winnebago President and CEO Bruce Hertzke said this particular location, of the many the company considered, offered several benefits to the company, namely, added utilization of the company's other Charles City facilities and a proven transportation network for access to and from the other Iowa facilities.

Winnebago Industries, Incorporated is the leading manufacturer of motor homes and self-contained recreation vehicles. Other products manufactured by the Company consist principally of extruded aluminum, commercial vehicles, and a variety of component products for other manufacturers.