Goshen News, Goshen, IN

Business

February 24, 2014

Jayco will purchase Open Range RV

MIDDLEBURY — Jayco Corp. has entered into a letter of intent to purchase Open Range RV in Shipshewana.

According to Jayco officials, the letter of intent contemplates a transaction between the two companies and is subject to the execution of a definitive agreement between the two companies.

Open Range RV will operate as a wholly owned and separate subsidiary with Randy Graber as president. Graber is the current president of Open Range RV.

“The two companies are a natural match.” Graber said. “Culturally speaking, both Jayco and Open Range enjoy strong relationships with their dealer body recognizing the importance of maintaining a partnership style association.”

According to a news release, with growth in excess of 20 percent annually, the management of Open Range recognized in order to maintain and further increase that type of growth, it was necessary to partner with a larger company. 

“I am extremely excited to be able to take Open Range to the next level. It’s a dream come true,” Graber said.

Derald Bontrager, Jayco’s president and chief executive officer, said, “Open Range will be a perfect addition to the Jayco family. We are thrilled to partner with someone like Randy Graber who has such vast industry experience and innovative product knowledge.”

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Poll

Last weekend (July 12) the Goshen Parks Department held its Kid’s Try-athlon to promote childhood fitness and this week (July 18) the new bicycle trail is open to the fairgrounds in Goshen, offering residents a healthy way to get to the annual agriculture exposition. Have you joined the local fitness movement?

Yes, I work at eating healthy and exercising
No, I am happy with my fitness level
Changing my diet and exercise frequency is a work in progress
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