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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.
A 1949 Bombardier B12 A J5 tractor and trailer, capable of snow or muskeg use. Before the start of the company's development of track vehicles, Joseph-Armand Bombardier experimented with propeller-driven aerosleds. His work with snowplane designs can be traced to before 1920.
Forest River, Inc. was founded in 1996 by Peter Liegl [2] after purchasing certain assets of Cobra Industries, [3] where CEO Peter Liegl worked from 1985 to 1993. The company started by manufacturing tent campers, travel trailers, fifth wheels, and park models under the model lines Salem, Sierra, Sandpiper, Wildwood, Rockwood, Flagstaff, Summit, and Quailridge.
Canoe Country Outfitters was formed in 1946 in Ely, Minnesota, to provide canoe trip outfitting services for Quetico Provincial Park and Superior National Forest and what was to become Boundary Waters Canoe Area Wilderness (BWCAW). Bill Rom started the business and then sold it to Bob Olson Sr. (who had already worked there for 25 years) in 1975.
The pontoon boats were originally built by Maurell Products, whose owner Maurice Schell ran the company for almost 50 years. [1] [2] In 2010 the company was purchased by a small group of Detroit, Michigan-based investors who renamed the business Crest Marine. Crest was acquired by MasterCraft in September of 2018. [3]
Two trendy areas in finance — fintech and private credit — are coming together in a new multibillion-dollar joint venture. Affirm Holdings is getting its largest-ever capital commitment with a ...
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