Forest River Disputes Recent News Reports Regarding Layoffs and Plant Closings

Recent stories appearing in several news sources have suggested that Forest River, Inc.’s Parent Company, Berkshire Hathaway has directed layoffs and plant closings at the Elkhart based subsidiary.

While adjustments have been made in employment levels and production schedules due to the current economic situation, Forest River has actually increased total employment and facilities since year end 2008. This has been accomplished through acquisition and new product introduction. While the current reduced levels of some operations is expected to continue for the near future, there are absolutely no plans, or directions for closing facilities or consolidation of operations. Forest River continues to analyze opportunities for growth and is optimistic that the current situation within the Recreational Vehicle Industry will prove to re-set the industry and provide beneficial results for our customers, employees, and stakeholders.