The story
Company founder Richard Klingler started building trailer parts in a chicken coop and assembling the trailers outdoors in the 1950s in Wakarusa, Indiana. The Elkhart and Wakarusa (ten miles (16 km) south of Elkhart) area of Indiana became the recreational vehicle (then called "campers") capital of the US after World War II. The first Holiday Rambler recreational vehicle was a travel trailer introduced to the public in 1953 by the Klingler Corporation. A fully restored example is in the RV museum in Elkhart, Indiana. There is a watercolor painting of it by artist Paige Bridges.
Holiday Rambler Corporation and its subsidiaries ("Holiday Rambler") was acquired by the Harley-Davidson, Inc. in December 1986. Holiday Rambler's Recreational Vehicle division competed primarily in the mid to premium segment of the recreational vehicle market.
On March 4, 1996, the Monaco Coach Corporation of Oregon acquired from Harley-Davidson, Inc. certain assets of Holiday Rambler (the "Holiday Acquisition") in exchange for $21.5 million in cash, 65,217 shares of Redeemable Preferred Stock (which was subsequently converted into 230,767 shares of Common Stock), and the assumption of most of the liabilities of Holiday Rambler. Concurrently, the company acquired ten Holiday World Dealerships for $13.0 million, including a $12.0 million subordinated.
On June 23, 2009, Judge Kevin Carey agreed to the Monaco Coach Corporation's request to convert its Chapter 11 bankruptcy filing to a Chapter 7 case so it could liquidate its remaining assets. The order converting the case to Chapter 7 was effective June 30. Monaco Coach Corporation sold its factories, inventory, brands and intellectual property to Navistar International Corp. earlier in June for $47 million. Once the remaining assets were liquidated under Chapter 7, "the entity ceases to exist," and effectively spelled the end of Monaco Coach Corporation.
On August 16, 2024, the founder of Holiday Rambler, Richard Klinger, died at 97.
From Wikipedia’s article on Holiday Rambler, shared under CC BY-SA 4.0.4
