Winnebago Gives COVID-19 Business Updates
Iowa-based Winnebago Industries Inc. (NYSE: WGO), which operates several manufacturing facilities in Indiana, is updating its actions in response to the COVID-19 pandemic. The company says it now plans to resume production at its Newmar Corp. facility in Nappanee and Grand Design RV facility in Middlebury on May 4.
Winnebago first announced plans to suspend production last month, with the original goal of resuming on April 13. The company says some of its facilities outside of Indiana are still planning to reopen on that date.”
As the company resumes operations in select areas, it says all employees will be required to adhere to applicable safety protocols whether working physically on campus or offsite.
“The coronavirus pandemic continues to create a very challenging economic environment for the industries in which we compete. Our top priorities during these uncertain times remain the health of our employees and the financial stability of our Company,” said Winnebago President and Chief Executive Officer Michael Happe.
Winnebago says it is taking certain steps to maintain and enhance its financial flexibility. One of those steps includes workforce furloughs and layoffs, however the company would not specify how many Hoosier employees would be affected.
Winnebago adds employees will receive medical and dental insurance benefits during the unpaid leave and the company will also pay the employees’ portion of the medical and dental insurance premiums through the end of April.