Noting that Fairmont’s products will continue to be marketed under its name, Cavco President and CEO Joe Stegmayer said “(Fairmont) has a good, solid reputation for building quality products and providing service after the sale. Quality is paramount. If we can build good homes and provide good service after the sale, we’ll be in great shape. Fairmont has the people who make that happen.”
Stegmayer added Cavco can expand the customer base through its extensive relationships in the manufactured home industry as well as with its marketing capital. “In the winter everything in Indiana is a little slower, and we can help with that and keep more people working full-time in that time period,” he said.
Fairmont has 275 employees in Elkhart County and another 250 at its Friendship Homes plant in Minnesota, all of which Cavco intends to keep, and perhaps add on to, according to elkharttruth. Founded in 1971 by James Shea, Sr., his son and Fairmont’s current CEO Jim Shea, said, “Cavco is very much dedicated to maintaining our strong management team and also all the knowledge base in all of the employees.” ##
(Image credit: Cavco Industries, Inc.–lapsided home)
