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However, inventory levels are now at 4.1 months compared to 2.7 months a year ago, she says, which is a “sign we are leaving a seller’s market and entering a neutral market.”
The name Utility was adopted after the company had pivoted toward the manufacturing of trailers for the burgeoning diesel truck market of the early 20th century; most of Utility's clientele were California's original utility companies, and the name stuck. [3] Ownership of Utility has remained within the Bennett family since its founding. [4]
This heavy equipment-manufacturing company was founded in 1982 and was bought by the Walters family in 2004. When purchased, Globe Trailers was manufacturing 30 trailers per year.
FEMA trailers serve a similar function to the "earthquake shacks" erected to provide interim housing after the 1906 San Francisco earthquake. [4]: 55 [5] [6] FEMA trailers were used to house thousands of people in South Florida displaced by Hurricane Andrew in August 1992, some for as long as two and a half years. [7]
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