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Old 11-16-2006, 07:42 PM   #1
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Read the latestest new about the Scamp Factory rebuild here.
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Old 11-16-2006, 07:54 PM   #2
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Insurance covered approximately 40 percent of the total project cost
Wow. Less than half.
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Old 11-16-2006, 09:03 PM   #3
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Wow. Less than half.

Interesting isn't it. One of my friends owns a flour mill. A number of years ago it burned down. His insurance was about 10% of the rebuild cost. It took him about 5 years to recover. One of those situations where the building was old and rebuild to current code was beyond belief.
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Old 11-17-2006, 06:08 AM   #4
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Things are looking up for the 35-year old family-run business.

"We still have a waiting list; we have about 100 trailers sold ahead right now," Eveland said, "So that's good."
It still sounds like a pretty strong market!

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Old 11-17-2006, 12:32 PM   #5
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Pretty good to be sitting on a million dollars plus in sales! Glad to see them coming back strong. Kinda wish they'd have used this as an opportunity to update and improve the design a little bit though...

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Old 11-17-2006, 01:42 PM   #6
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...Kinda wish they'd have used this as an opportunity to update and improve the design a little bit though...
As discussed here a couple of times, the 13' model's body is now taller (for more interior height). Not a big change, but Scamp strikes me as a very conservative business, and that seems to suit many of their customers.
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Old 11-17-2006, 05:59 PM   #7
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Quote:
Interesting isn't it. One of my friends owns a flour mill. A number of years ago it burned down. His insurance was about 10% of the rebuild cost. It took him about 5 years to recover. One of those situations where the building was old and rebuild to current code was beyond belief.
Hi: The Insurance industry isn't very reassuring...and the Governments keep changing the codes part way through the game Only in Canada Eh!! Alf S. North shore of Lake Erie
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