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In The News


Is This Recovery? Check The Roads For Campers, Trailers

Category: RV Recovery
Source: NPR Marketplace
Publish Date: Wednesday, July 24, 2013
Summary: CEO Jack Cole has worked at Lance Camper since 1966. He says they felt the recession in 2008 immediately, when sales plunged. “And when that happens, we have to downsize," Cole says. He says they went from 460 employees to 120. The cuts, says Cole, were painful. But now, they’re feeling the recovery. "We’ve added new equipment, we’ve added more people," Cole says. "The fact that our business is back, it’s a sign that the consumer is back.” Cole says he thinks the recovery is real and says, “you’ll see a sign of a really good economy where [interest] rates tick up a little bit and people will still go out and spend" on things like a camper that oftentimes you pay for with credit.

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