UPDATE 1-Motorhome maker Winnebago profit misses estimates as costs rise

26 Mar 2015 | Author: | No comments yet »

New E-Coat System Operating at Winnebago Industries.

Winnebago Industries, Inc. (NYSE: WGO), a leading United States (U.S.) recreation vehicle manufacturer, today reported financial results for the Company’s second quarter of Fiscal 2015 ended February 28, 2015.

Quarterly Cash DividendThe Company’s board of directors approved a quarterly cash dividend of $0.09 per share payable on May 6, 2015, to common stockholders of record at the close of business on April 22, 2015. A complete and full-text financial results press release is accessible at the “Investor Relations” section of the Company’s website at: http://investor.wgo.net. No one else in the industry has this capability.” The new e-coat system processes piece parts and assemblies through a 10-stage, full-immersion electro-coating system capable of accepting loads 5′ wide x 16′ long x 6′ high. About Winnebago IndustriesWinnebago 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 first seven stages are used for pretreatment and involve cleaning, treating with a nano-ceramic conversion coating and deionized water rinse for good conductivity. Similar to automotive companies, Winnebago uses the e-coat process to provide corrosion protection. “This new state-of-the-art system provides increased capacity and improved efficiency compared to our previous system, which has been in place since the early 80’s,” continued Potts, “In addition to providing a higher quality e-coat process, the new system has lower operating costs, less waste and fewer personnel will be needed to operate the system, freeing them up for other manufacturing operations.” 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.

Image Available: http://www.marketwire.com/library/MwGo/2015/3/25/11G036612/Images/E_Coat_Parts_Dip-1207248621030.JPG Image Available: http://www.marketwire.com/library/MwGo/2015/3/25/11G036612/Images/E_Coat_System_Tanks-1388394889229.JPG

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