SOURCE: Winnebago Industries, Inc.

Winnebago Industries, Inc.

October 13, 2015 16:50 ET

Winnebago Completes Sale of Metro Link™ Transit Bus Operation

FOREST CITY, IA--(Marketwired - October 13, 2015) - Winnebago Industries, Inc. (NYSE: WGO), a leading United States (U.S.) recreation vehicle manufacturer today announced the sale of its Metro Link™ bus operation to Metro Worldwide, LLC., Clear Lake, Iowa.

Metro Worldwide, a subsidiary of PNI, Inc., has been the exclusive distributor for the Metro Link bus. Metro Worldwide, LLC will be moving production of the Metro Link Transit Bus to a facility in Westminster, Maryland over the next 60 days.

"Given the continued strengthening of the RV market, and the growing demand for Winnebago RVs, we felt our resources were better used to focus on the design and manufacturing of our motorhomes," said Scott Degnan, Vice President of Sales and Product Development. Winnebago Industries’ production facilities used for bus production will be converted to RV operations. Winnebago Industries employees who work in the bus operation will be transitioned into other areas of the company.

For additional information about Metro Worldwide, please visit: http://www.metroworldwide.net/home.html

About Winnebago Industries

Winnebago Industries, Inc., "The Most Recognized Name in Motorhomes®”, is a leading U.S. manufacturer of recreation vehicles, which are used primarily in leisure travel and outdoor recreation activities. The Company builds quality motor homes, travel trailers and fifth wheel products. Winnebago Industries has received the Quality Circle Award from the Recreation Vehicle Dealers Association every year since 1996. The Company's common stock is listed on the New York and Chicago Stock Exchanges and traded under the symbol WGO. Options for the Company's common stock are traded on the Chicago Board Options Exchange. For access to Winnebago Industries' investor relations material or to add your name to an automatic email list for Company news releases, visit http://investor.wgo.net.

Contact Information

  • Contact:
    Sam Jefson
    Public Relations Specialist
    641-585-6803
    sjefson@wgo.net