Blackstreet Capital shuts down Coleman operation

Discussion in 'RV Industry & Camping Related News' started by rabird, Jan 20, 2011.

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  1. rabird

    rabird Howdy!

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    Source: RVDdailyReport.com
     
  2. NH-popper

    NH-popper Boldly going camping!

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    That's not the worst - the worst is the FTCA plant has been SHUT DOWN - no more Coleman Camping Trailers!! [EEK] [:!] [:!]

    This is terrible (well, in RV hobby terms, not world shaking terms).
     
  3. emssmiley2002

    emssmiley2002 Florence,Ms

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    Oh man were are we going to get spare parts now. Shoot I need a new lock for my PUP, been to lazy to look for one. [:!]
     
  4. armyguy

    armyguy US [USA]

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    Well after pricing the exclusive to Campingworld COLEMAN branded HTT, I can see why they did not sell, averaged 5K above the competition just for the name and that was a Thor built trailer. I hate to see a plant close though.
     
  5. rabird

    rabird Howdy!

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    51,000+ PUs shipped in 2000 (~22,000 Fleetwood/Coleman)
    ~15,000 PUs shipped in 2010 (estimated 5,000 FTCA/Coleman)
     
  6. NH-popper

    NH-popper Boldly going camping!

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    No doubt more sold during the boom years back in 2000 than during these tougher economic times. But the company has to take some responsibility for this in terms of pricing and maintaining the dealer network.
     
  7. mtn_bikers

    mtn_bikers Northern NJ

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    I think this is probably just a temporary thing. With the brand name and facilities, I'm sure someone will purchase the company - can't imagine that it will just die on the vine like that.

    The problem with the recent years was that FTCA really priced themselves out of the game - last I checked they were asking over $15k for the Utah ! When you can get a nice Hybrid for around the same price, it is easy to see where their market went.
     
  8. Noni

    Noni See ya' out there !

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    The bad news:
    1) 300+ people out of work
    2) spare parts may become scarce and pricy
    3) PU may come down in price, without manufacturers warranty and support.
     
  9. gec66

    gec66 Active Member

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    My best bet is that Berkshire-Hathaway owned Forest River picks it up. Warren Buffet is know for picking up bargains. Exiting units warranty may get dumped though.
     
  10. NH-popper

    NH-popper Boldly going camping!

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    If Forest River picked up Coleman, they'd probably just slap Coleman stickers on their current PUPs rather than make them differently, like they were made by Fleetwood and FTCA. One of the reasons that I like the Colemans is that they seem to be made better than the Forest River products - better than most, in fact. And that's also why they were a bit more expensive. Though they do need to come down a bit.
     
  11. Kutseena

    Kutseena Running with the wolves

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    [:)C] Does this mean that coleman is completely out of business?
     
  12. gec66

    gec66 Active Member

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    There would be no purpose in anyone buying the name and patents if the intention was just to slap the name on an existing product. If they could sell 5,000 more pups by offering something they are not/cannot offer now????
     
  13. dav1966

    dav1966 New Member

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    I dont think i would give up so soon the econ. is bad but people may start looking at pop up as a family vacation rather then renting house at the shore areas or taking those long trips with hotel stays,thats why we bought ours we can still go away and save money at the same time.
     
  14. hvac1877

    hvac1877 Old Dominion Iron Chefs Highland Springs, Va

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    I guess when the rv show is here in Richmond we will see if the colemans are discounted!!!!!
     
  15. PATMD

    PATMD SOILENT GREEN IS PEOPLE!!!

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    BOY, THAT RALLY SUCKS!!!! I wish i had the money to buy them and keep'em going in PA! this BREAKS my heart!
    PATMD [:!]
     
  16. turtle

    turtle New Member

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    This is sad news. I'm mostly sad for those who lost their jobs. I'm not too concerned about parts for mine as there's not much I can't fix, make or adapt but I am concerned about resale as I am planning on going to a TT when I retire in 2 years.
     
  17. Unstable_Tripod

    Unstable_Tripod Well, there's your problem!

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    Another company may step in and buy the operation.
     
  18. FC

    FC Central Florida

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    Production going to China I bet. You wait and see. I wonder if that was a union plant?
     
  19. camping_girl

    camping_girl New Member

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    This is sad news. I hope someone picks them up and they stay here.
     
  20. Mosbyranger

    Mosbyranger Onward, thru the fog...

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    Not good news. Hope Tripod is right and another company picks up the pieces. Although, I must say I hope our local ripuoff Coleman dealer takes it in the teeth.
    MR
     

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