CORPORATE NEWS: January 22, 2022 | News
First State Bank Announces Recent Staff Promotions
MIDDLEBURY – First State Bank recently announced the transition of some key personnel within the organization.
Amy Chupp has accepted a position in the Trust & Wealth Management department located in Elkhart’s office, Riverwalk. His new role will be to assist in the administration of trust accounts and manage day-to-day operations within the department. Chupp has worked for First State Bank for 16 years, mostly as office manager for Goshen Greencroft.
“I love getting to know our customers and helping them with their day-to-day financial matters,” she said. “In my new role, I hope to deepen my relationships with the clients I have come to know over the years at FSB.” Outside of work, Chupp enjoys spending time with his family doing puzzles or going out for a run and bike ride.
Michelle Miller moved from the training department to the South Bend/Eddy Street location as the new Branch Operations Manager. As Director, Miller will lead the team to oversee all aspects of commercial and retail client services in South Bend. Miller has been with the First State Bank team for more than three years and has several years of experience in the banking industry. Miller held several positions at First State Bank as a teller, customer service representative and staff training. Personally, she is very involved in the theatrical arts, especially in the South Bend area.
“A big part of my life already revolves around South Bend,” she said, “so I look forward to helping First State Bank achieve many goals and grow in this area.”
FS Bancorp approves Q1 stock split
LAGRANGE — The directors of FS Bancorp, the parent company of Farmers State Bank, have declared a two-for-one stock split, resulting in one additional common share for each common share outstanding. The additional share will be payable Feb. 14 to its common stockholders of record at the close of business Jan. 31 and the price per share will be adjusted accordingly, FS Bancorp officials said in a news release.
The stock split does not change the proportionate ownership a shareholder retains in FS Bancorp, the statement said. The additional shares will be distributed in book-entry form by the Company’s transfer agent, Continental Stock Transfer & Trust Co.
Thor Industries launches two electric VR concepts
ELKHART – At the Florida RV SuperShow 2022, global VR manufacturer Thor Industries proclaimed “Welcome to the future” as it unveiled its eMobility strategy around electrifying the RV industry.
At the show, Thor presented two electric RV concepts, a motorhome and a caravan. Brought to you by Thor’s management team, including CEO Bob Martin, the electric units were purpose-built to create a radical improvement in the experience for VR users in an electrified VR world, according to a company statement. .
“We have been focused on an ‘eMobility’ electrification strategy for a number of years and have made substantial progress on our journey,” Martin said. “Early on, we determined that success for us wouldn’t just be putting our name on the side of an electric chassis built by a third-party electric chassis manufacturer. Instead, as an industry leader , we have harnessed emerging technology and co-developed flexible, scalable and customizable platforms upon which our family of companies will build distinct products, delivering a best-in-class VR user experience.”
The caravan concept, named eStream, is built on Thor’s high-voltage electric chassis. Powered by a proprietary system, the trailer significantly reduces the range loss of electric tow vehicles and improves the gas mileage of traditional tow vehicles, the statement said.
“Our proprietary technology addresses the number one concern of electric vehicle users – range limitation,” said Josef Hjelmaker, Thor’s Chief Innovation Officer. “Studies have established that electric vehicles experience a significant loss of range even when towing a small trailer. -developed creates a synchronized relationship between the trailer and the tow vehicle, allowing the trailer to move in harmony with the tow vehicle, reducing the required pulling effect of the tow vehicle, which, in turn, greatly improves the possible range of the combination.Essentially, we have transformed the trailer into an electric vehicle.Technology is a game changer for our industry and others.
“Our technology also provides important functionality including the ability to dramatically improve and expand off-grid camping, power electronics – even your home, operate the trailer from your digital device, and park the remote trailer after unhitching the tow vehicle, which have been very well received and applauded by the RV community.And because our system actively stabilizes the trailer, self-driving wheels and dynamic controls allow for a superior towing experience, enhancing the safety of our roads.
The concept motorhome, the Thor Vision Vehicle (TVV), is built on an electric chassis co-developed with Roush. The TVV motorhome includes a number of unique components designed to maximize chassis performance. Range-extending technologies, including integrated fuel cell components, enable ranges of up to 300 miles – well below the average nonstop travel distance of most RV users.
“Our team has conducted a massive amount of research aimed at understanding the impact of design elements on range extension, including unit aerodynamics,” said Todd Woelfer, Thor’s COO. . “Our strategy to create a unique electric experience purpose-built for RV users has identified a number of product improvement opportunities that we can and will implement long before we industrialize electrified units.”
To learn more about Thor’s electric RV concepts, visit the Thor Innovation website at www.thorindustries.com/innovation.
Winnebago Industries Unveils e-RV at Florida RV Super Show
TAMPA, Fla. – Winnebago Industries Inc. unveiled the e-RV, a zero-emission all-electric motorhome concept, at the Florida RV Super Show in Tampa.
The e-RV was developed over a two-year period by the company’s Advanced Technology Group and is a fully functional, all-electric concept vehicle that redefines efficiency, comfort and functionality, Winnebago officials said. in a press release.
“This is an exciting time for Winnebago Industries and the outdoor lifestyle industry as a whole. We are proud to continue our legacy of innovation with the reveal of the e-RV concept vehicle,” said Michael Happe , President and CEO of Winnebago Industries.
Winnebago Industries’ e-RV concept vehicle is a zero-emission, all-electric RV that incorporates an advanced powertrain and battery that also powers all of the coach’s living space systems. Key features of the e-RV concept vehicle include:
- On-board devices aligned to optimize power consumption and battery performance while maximizing comfort and functionality.
- Flexible battery charging source capabilities, which allow charging at home, at campsites and at dedicated charging stations. Charging time is approximately 45 minutes at high current charging stations.
- The evolution of battery technology and applications continues to drive capabilities and increases in mileage range are expected as the concept vehicle develops. Currently, a standard 86kWh battery configuration provides 125 miles of range while powering on-board systems. This lineup will meet the needs of a majority (54%) of new RV buyers who prefer to travel under 200 miles.
- An integrated control system that enables the operation of subsystems, optimizes load and efficiency, and displays system information and commands on a digital display. Control systems can be monitored via a tablet or smartphone app.
- High-performance wireless connectivity via residential-grade Wi-Fi via a dual-modem router that enables high levels of data streaming.
- Top of the line galley amenities including a modern marine grade refrigerator, slide out induction cooktop and matte black sinks. The bathroom includes a contemporary toilet and fittings, including a removable shower head.
- Materials for the e-RV concept vehicle are selected with a preference for eco-friendly and sustainable options. This includes durable recycled cork and rubber flooring and woolen wall sconces to improve thermal and wall insulation.
- A chassis based on a readily available Ford Transit platform that has been modified with an advanced electrical power system from Lightning e Motors that powers the transmission, vehicle controls and living quarters.
“Consumer demand is driving electric power applications on many fronts, and we believe RV consumers are poised to benefit from the enhanced functionality and user-friendliness that electrified and connected RV products will provide,” said said Ashis Bhattacharya, Winnebago Industries Senior Vice President, Business Development, Advanced Technology and Corporate Marketing.
For more information, visit www.WinnebagoInd.com/Electric.