The push to get recreational vehicles into China took a significant step Thursday as MVP RV in California announced a $310 million agreement to export motorhomes to the Asian country.
Industry Association. In addition, the American manufacturer is anticipating the joint venture will expand the company's employment from the current 130 workers to 1,400.
Under the contract it signed with China-based Winston Global Energy Limited, MVP expects to ship more than 30,000 motorized units valued around $5 billion over the next three to four years, according to a press release from the Recreation Vehicle
RV makers in Indiana are taking a look at the China market and some are giving the possibility serious consideration, said Mark Bowersox, executive director of the Indiana Manufactured Housing Association and Recreation Vehicle Indiana Council.
However, a "majority of the people have some apprehension" about doing business in China because the market conditions and government controls there are unfamiliar to most companies, he said. RVIA has been touting the buying power of the emerging Chinese middle class for a couple of years. At the 48th Annual National RV Trade Show, conducted Continued Page 2