National R.V. Company History
Once one of America's most experienced recreational vehicle manufacturers, National RV built some of America's favorite RVs for more than 40 years. From humble beginnings as a two-man operation in 1964 National RV grew into one of America's largest RV builders. National RV's success was built on a tradition of quality and innovation. Today, a decade after the last National RV rolled off the line, there are still thousands of families enjoying their National RV diesel and gasoline motorhomes, fifth wheels and travel trailers at virtually every campground and RV park in the country.
At the time of bankruptcy, National RV was the ninth largest manufacturer of “Class A” RVs in the country distributing 1,500 RVs annually through 75 dealer locations in the United States and Canada.
National R.V. Holdings, Inc. Announces Chapter 11 Bankruptcy Filing
California based National RV Holdings Inc. announced late Friday (Nov. 30, 2007) that the company and its subsidiary, motorhome builder National RV Inc., have filed for bankruptcy.
National RV Holdings closed down operations Friday morning and laid off around 600 employees at its Perris headquarters. In its statement, officials said that “seeking Chapter 11 bankruptcy protection is in the best interests of the company, its creditors, stockholders and other interested parties in light of ongoing financial challenges and the inability to adequately fund operations and obligations.”
“We are saddened to let go our excellent employees, especially so close to the holidays, and even more so because National’s motorhomes have never been better than they are today,” said Dave Humphreys, who took over as interim CEO in August, replacing Brad Albrechtsen. “After evaluating our options, however, we ultimately determined that seeking protection in bankruptcy was in the best interests of creditors and shareholders.”