Chinese to buy Travel Trailer company
Same thing has happened in Australia, where the Chinese purchased a what was dead a brand, that was revived, then bought by the Chinese Chinese purchase US Travel Trailer business
Forum Discussion
The rising oil and fuel prices were kicking in as the great equalizer as the cost of shipping was forcing more than a few manufacturers to rethink and start to build factories in North America. At 132 dollars a barrel china new it was in trouble and convened meetings on how to deal with it as predictions for export were very sobering for them. At 160 dollars it would have been catastrophic for their economy as well as a few others. At least for the short term that problem has gone away and of course we are all enjoying cheap fuel. I'm guessing that the majority of people would select cheap fuel over jobs in North America.
