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The company was established in 1973 in Oklahoma, when it built the first all-aluminum gooseneck livestock trailer. In 1988 the company was acquired by Conrad Climent, Featherlite Manufacturing of Grand Meadow, Minnesota, relocating to Cresco, Iowa in 1993. [3]
The company was founded by Forest City, Iowa businessman John K. Hanson in February 1958. At the time, the town, located in Winnebago County, Iowa, was undergoing an economic downturn, so Hanson and a group of community leaders convinced a California firm, Modernistic Industries, to open a travel trailer factory in a bid to revive the local economy.
The Nest was a smaller and lower priced trailer than any in the Airstream line, but at the upper end of prices for its market segment. Airstream moved the company to Ohio and expanded staff for production with Airstream Nest trailers scheduled to be available in early 2018. [5] The Airstream Nest was withdrawn from the market in September 2020.
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In 1953 the Cheston L. Eshelman Company, which had produced light aircraft immediately after World War II and then pleasure boats (including the spectacular "Rocket Boat", built from surplus military aircraft wing tanks), lightweight garden tractors and other implements, began producing a tiny air-cooled, one-cylinder automobile, the "Sport Car", in two versions: a basic $295 15 MPH "Child's ...
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