Thursday, April 12, 2012

ECONOMY - Indiana's RV Industry

"Indiana's RV Industry Starts a Comeback Amid Uncertain Economy" PBS Newshour 4/11/2012

Excerpt

ELIZABETH BRACKETT, WTTW Chicago: Elkhart, Ind., has long been known as the R.V. capital of the world. But when the bottom fell out of the R.V. market in 2008, unemployment in Elkhart soared to over 20 percent.

Two years ago, Elkhart jumped on the electric vehicle bandwagon hoping bring, those unemployment numbers down. It lured Norway-based Think Auto to town with federal stimulus money, tax breaks and space in a former R.V. plant.

Elkhart Mayor Dick Moore says in return, Think promised over 400 well-paying jobs. The deal also included two all-electric Think cars for the city.

Mayor Moore says the cars drive well, have good pickup and cost about $3 worth of electricity for every 100 miles.

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