Lancer Camper. Inc Sold Out

Bad when company where owner was on production lane every day gets sold to corporation with manager couple thousands miles away.
Each culture has its wisdoms. Some are repeated in other cultures, some not.
In Polish we have several hundreds years old wisdom "Panske oko konia tuczy"
Translated "Nobleman's eye will make horse staying well"
Could not find English equivalent.

Funny how a good news story of someone who builds a business and sells it turns into communism, ICE and quality dropping.

I say good that he did what he did, good that he sold it, lets see what happens next.

I personally believe that we are over thinking it.

Jack Cole is quite a bit older than me. Janet and I met and spent time with him about 15 years ago.

I retired at 65 years old... that was 12 years ago. My wife and I have really enjoyed most of these retirement years... even more than the years that I had lots of other responsibilities. We have celibated 55 years of marriage but these last 12 have been very special (by the way she is still 29 years old) We recently saw Jack Cole... his age is showing... working more than full time... and was destined to never get a break.

Jack is missing his retirement.... and he is already a huge success and extremely rich.

As long as he owns a share he will be there everyday... selling it is the correct thing to do.

Happy Retirement Jack.

Chet Thornton and Janet

travelnutz wrote:
HMS Beagle,

Texas, the entire southeast USA, Michigan, Ohio, Indiana, Kentucky, and many other states are so much cheaper to have a business in and just why do you think so many companies and corporations had left California and Washington states and resettled in these states?

This is getting a little off topic and probably will get shut down soon, and I am not about to defend the business climate here, but: A little data would be helpful. For example here is the gross domestic product per capita for each state in 2016:

#8 California - $58,619
#25 Ohio - $47,567
#28 Indiana - $45,317
#36 Michigan - $43,372
#42 Kentucky - $36,985

So workers in Kentucky produce about $0.63 for every $1.00 produced by a Californian. Of course there are many metrics to choose from. Businesses may be leaving California, despite that California's economy is nearly twice that of the next closest state (Texas) and if considered against nations of the world is 6th, just ahead of France and behind only the USA, China, Japan, Germany, and the UK. The cost of operating an RV manufacturing business is mainly rent and labor. Material cost is the same anywhere on the continent. Much of the labor is minimum wage which is a uniform federal mandate. The rent in other parts of the US might be a little less than Lancaster, but not much.

travelnutz - what is CED and SME ?

Just over the last few months from ICE. Google: ICE raids in West Michigan

HMS Beagle,

Texas, the entire southeast USA, Michigan, Ohio, Indiana, Kentucky, and many other states are so much cheaper to have a business in and just why do you think so many companies and corporations had left California and Washington states and resettled in these states? Why did do you think Boeing moved their future to South Carolina for instance? We have 7 companies who left California just over the last 5 years and moved to our local area where we live in West Michigan and they have articles in the local newspaper about how much better the business climate is in our area and how much higher skilled workers they have available. It's the way of the future as just warm body workers have a very limited future. Even the fast food places are automating rapidly and the burger flippers are being fazed out fast.

Our local unemployment stays at about 3% and ICE frequently raids companies that have illegal workers and also nearly all business operations require drug testing mandated before hiring and random drug and substance testing drawn usually by a fellow employee from a blind bowl having each and every employee ID number in it including all white collar employees in it too. I know the facts as I had a business for decades there and also was a long time member/elected officer of the CED and SME.

Truck campers in general represent only a small part of the overall RV market.

Some large company acquiring Lance is not necessarily good news or bad news, but, time will tell.

It depends on what percent of their total sales truck campers will account for. Given the specialized nature of the truck camper market, and that Lance is probably the only mass market truck camper manufacturers, it might take some time to see how things work out.

California is a big state. And Lancaster is in the very low rent part of it. There aren't that many places in the country that are going to be cheaper to operate.

SidecarFlip,

Perhaps you don't know that Michigan is a "Right to work" state also and has been for many years now. Might want to look it up! Regardless, I see Lance leaving "Kalifornia" too real quick just like so many have and will be as the business climate is horrible and Kalifornia has priced themselves out of the competitive marketplace. Companies and corporations are not stupid for long or they will go under!