Winnebago Industries to Set up Devoted Analysis and Growth Facility
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Winnebago Industries Superior Expertise Innovation Heart to give attention to next-generation out of doors recreation applied sciences
EDEN PRAIRIE, Minn., Nov. 15, 2022 (GLOBE NEWSWIRE) — Winnebago Industries, Inc. (NYSE: WGO), a number one out of doors life-style product producer, as we speak introduced the event of a brand new facility and expanded sources devoted to innovating next-generation applied sciences for the leisure car and marine industries. The Winnebago Industries Superior Expertise Innovation Heart will give attention to incubating and prototyping new expertise functions throughout a variety of technical and product-feature classes, together with various vitality administration and autonomy. The ability can be well-equipped with modern expertise and sized to satisfy the wants of the Firm’s out of doors product portfolio.
Growth of the Superior Expertise Innovation Heart, which can be positioned within the Twin Cities, will start in early 2023. Different particulars of the ability weren’t disclosed.
“Innovation is a cornerstone for Winnebago Industries. Our potential to excel out there and additional our {industry} management will hinge on our potential to advance the buyer expertise by way of expertise,” mentioned Michael Happe, president and chief govt officer. “That’s the reason we fashioned the Superior Expertise Group in 2019 and why we at the moment are making a bodily funding in and deepening that dedication to innovation by establishing the Superior Expertise Innovation Heart.”
The main focus of the Winnebago Industries Superior Expertise Group (ATG) is to enhance the corporate’s potential to establish, consider and deploy industry-changing services and products inside every of its manufacturers throughout 4 key expertise areas – various vitality administration, knowledge & connectivity, materials science, and autonomy.
“Our class main manufacturers have at all times operated with a eager give attention to bringing innovation to their product traces. The Superior Expertise Innovation Heart will permit Winnebago Industries to companion with the enterprise items to enhance these efforts throughout a number of technological timelines to satisfy short- and long-term methods and objectives,” mentioned Shailendra Singh, vp of Superior Expertise. “We’re committing to combining Winnebago Industries’ rising bench of analysis and growth expertise, new expertise functions and a rising ecosystem of expertise companions below one roof.”
Over the subsequent 5 years, ATG will help the design of a brand new era of RV and marine merchandise that may drive a step change in buyer expertise, a golden thread of the group.
In 2022, ATG launched the primary all-electric zero emission motorhome idea from a serious RV producer. It was the primary public-facing instance of ATG work streams and demonstrated a dedication to innovation and sustainability with product electrification, connectivity and enhancing consumer interface experiences for purchasers; the unique course when ATG launched in 2019.
About Winnebago Industries
Winnebago Industries, Inc. is a number one North American producer of outside life-style merchandise below the Winnebago, Grand Design, Chris-Craft, Newmar and Barletta manufacturers, that are used primarily in leisure journey and out of doors recreation actions. The Firm builds high quality motorhomes, journey trailers, fifth-wheel merchandise, outboard and sterndrive powerboats and business group outreach automobiles. Winnebago Industries has a number of amenities in Iowa, Indiana, Minnesota and Florida. The Firm’s widespread inventory is listed on the New York Inventory Change and traded below the image WGO. For entry to Winnebago Industries’ investor relations materials or so as to add your title to an computerized e mail checklist for Firm information releases, go to http://investor.wgo.internet.
Contacts:
Investor Relations, Ray Posadas – [email protected]
Media, Amber Holm – [email protected]
