PROFILE |
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Fairmont Homes really knows how to put the mobile in mobile homes, since it makes recreational vehicles as well as manufactured housing. Brothers Jim and John Shea acquired Fairmont Homes in 1971. Jim bought his brother's share of the company in 1975, and he founded subsidiary Gulf Stream Coach, a builder of recreational vehicles, in 1983. Fairmont offers both single- and multi-section homes with two and three bedroom floor plan options. Gulf Stream offers big slide-out rooms as standard features in its smaller, economically priced vehicles, as well as in its luxury motorhomes. The company's suppliers include General Electric (appliances), Georgia-Pacific (plywood), and Owens Corning (insulation).
COMPETITION |
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American Homestar Corporation (HSTRQ)
Horton Industries, Inc. (dossier)
Southern Energy Homes, Inc. (SEHI)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1997 Sales (mil.): 233.00
1-Yr. Sales Growth: (21.2)%
Employees: 2,000
Revenue per employee: $116,500.00
KEY PEOPLE |
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James F. Shea
CEO
Carlos Macau
CFO
CONTACT INFO |
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502 S. Oakland Ave.
Nappanee, IN 46550
US
Phone: 219-773-7941
Fax: 219-773-2185
Online: Web Site
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