Monaco Quitting Towables Market

John Draheim, president of Fleetwood RV and CEO of the Allied Recreation Group, both of which are controlled by Allied Specialty Vehicles, told RV Daily Report that the move made sense considering the market.

“Monaco’s towable division was very small in the scheme in our whole portfolio of companies. The division represented less than 2 percent of total sales,” he explained. “Our motorhome business continues to improve and the market is getting stronger. We decided we need to focus our resources and efforts on capturing growth in that expanding segment of the market.”