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FTCA, Inc., Manufacturer of Fleetwood(R) Folding Camping Trailers, Announces Licensing Agreement With Coleman

SOURCE:

FTCA

2008-08-06 07:00:00

FTCA, Inc., Manufacturer of Fleetwood(R) Folding Camping Trailers, Announces Licensing Agreement With Coleman

FTCA, Inc., Manufacturer of Fleetwood® Folding Camping Trailers, Announces Licensing Agreement With Coleman

SOMERSET, PA–(EMWNews – August 6, 2008) – FTCA, Inc., the manufacturer of North

America’s best selling folding camping trailers, today announced that it

has signed a trademark licensing agreement with The Coleman Company, Inc.

Originally a division of Coleman, FTCA’s folding camping trailers will once

again feature the Coleman brand under the terms of this agreement.

“Rejoining this skilled manufacturer’s pedigreed products with the

legendary Coleman brand is a momentous step in reinvigorating this company

and creating value for our investors,” said Murry N. Gunty, Managing

Partner of Blackstreet Capital, Bethesda, Md., the private equity group

which acquired FTCA, Inc., from Fleetwood Enterprises, Riverside, CA, in

May 2008.

With its portfolio of lightweight, easy-to-tow and stow-folding camping

trailers once again displaying the Coleman brand, FTCA is poised to prosper

at a time when high gasoline prices have contributed to a significant

slowdown in the RV market and a changing landscape of tow vehicles. FTCA

believes this partnership represents a winning combination of product,

branding and distribution ideally suited for the present and future camping

marketplace.

“This branding partnership, along with our recapitalization of the division

and aggressive focus on innovation and quality, re-establishes the solid

foundation and successful formula this great company was built upon,” said

Aldus H. Chapin II, Managing Director of Blackstreet Capital and Chairman

of FTCA.

“Our hard working and highly skilled people take very seriously their

long-standing reputation of building the finest folding camping trailers in

the world, and they value the reputation of uncompromising quality that is

synonymous with the Coleman brand. This is a much welcomed event for the

dedicated people of this company and its many dealers,” added James

Sylvester, President of FTCA, Inc.

About FTCA, Inc.

Founded in 1966, FTCA originated as a division of The Coleman Company,

Inc., to manufacture folding camping trailers, with the first trailers

rolling off the assembly line in 1967. In 1979 the company attained market

share leadership and has never relinquished the position. Fleetwood

Enterprises, Inc. acquired the division in 1989 to augment its position in

the RV industry. As Fleetwood Folding Trailers, Inc., the division

continued the Coleman heritage of producing innovative high quality camping

trailers, and with its customer satisfaction focused dealer network,

achieved new market share heights. Today, FTCA designs, manufactures and

distributes its folding camping trailers, such as the Destiny, Americana,

Highlander and Evolution model lines, from its facility in Somerset, Pa.,

through a network of independent RV dealers around the world.

About Blackstreet Capital

Blackstreet Capital Partners, LLC (www.blackstreetcapital.com) is a

Bethesda, MD based private equity firm with $88 million of capital under

management. Blackstreet focuses on control buyouts of companies that are

either underperforming, in out-of-favor industries or are undergoing some

form of transition. Blackstreet seeks investments in a range of industries,

including manufacturing/distribution, restaurants, specialty retail,

business services and health care.

Contact:
Jim Sylvester
Coleman Camping Trailers, Inc.
(814) 443-7302

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