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By: On: Tuesday January 8 2013

Earthbound RVEarthbound RV, one of the newest manufacturers in the industry, has shut its doors and is auctioning off its assets according to a report in the Indiana Economic Digest.

The auction for Earthbound’s assets is set to take place on Jan. 15 and will be used to repay a loan backed by the city of Marion, Ind.

The city backed a $2 million dollar loan in 2010 to help the startup. However, Earthbound failed to make a $155,000 loan payment.

“We’re auctioning off everything they have,” Marion Mayor Wayne Seybold told the Indiana Economic Digest. “There are a lot of assets to auction off. We’ll get as much money out of it as we can.”

By: On: Monday November 21 2011

Earthbound RV has announced that it will pilot a new production program through winter and spring 2012. The program will allow customers to work directly with Earthbound RV to design fully custom towable RVs.

Earthbound’s President Charles Hoefer says this move is only possible due to the shift in RV buying patterns in recent years.

“We are excited for this new direction, and for the encouragement and positive feedback we have had from customers,” says Charles Hoefer, Earthbound president. “The RV climate is much different today. Where you once had a flood of $500,000 to $1,000,000 plus Class A consumers, we are finding there is a big shift towards appreciation for towable luxuries. For a fraction of the price, we can out-style, out-perform, and outclass the 40′ diesels with a 30′ ultra-light composite coach you can tow with almost any luxury V8 SUV.”




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