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News for January 20, 2022

Winnebago Reincorporates as Minnesota Company

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RV maker Winnebago Industries Inc. officially reincorporated as a Minnesota business at the beginning of the year, as per a document filed with the U.S. Securities and Exchange Commission.

The shareholders of the company previously registered in Iowa, approved the move during their meeting on December 14, according to a report.

“The Reincorporation did not result in any change in headquarters, business, jobs, management, location of any of the company’s offices or facilities, number of employees, assets, liabilities or net worth … of the company, although the company separately announced that it was moving its headquarters and principal executive offices from Iowa to Minnesota effective December 1, 2021,” the SEC filing reads.  

Winnebago Industries has been operating an executive headquarters in Minnesota since 2016 when the former Toro Co. exec Mike Happe became the company’s president and CEO. In August 2021, as the business announced its plans to relocate its headquarters to Eden Prairie, Happe stated that the company’s Twin Cities location “has been and will continue to be an effective resource for executing our vision as a premier outdoor recreation enterprise, as it supports the growth of all of our strong brands.”

Its main manufacturing facilities will continue to be in Iowa. Its 60-acre plant located in Forest City, Iowa, is marketed by the company as “the largest motorhome manufacturing facility in the world.” The company’s manufacturing footprint has been expanded to include locations in Florida and Indiana.

Winnebago Industries will remain publicly traded through the New York Stock Exchange under the ticker “WGO.”

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