RVIA Economic Impact Study

The Recreation Vehicle Industry Association commissioned an Economic Impact Study on the RV industry, released on June 7, 2016. The study found that the RV industry contributes about $49.7 billion in economic output or 0.28 percent of the Gross Domestic Product. Through its production and distribution linkages, the industry impacts firms in 426 of the 440 sectors of the United States economy.

Nationwide, the industry is responsible for 216,170 jobs, both directly and inderectly, creating an economic impact of $37.5 billion. The full study results, along with each individual state and congressional district's economic impact is available on the website by clicking here .

Skyline Corporation Hires New National Sales Manager

Thu Jul 7, 2016

ELKHART, Indiana - Skyline Corporation has announced that Scott Parkhurst has joined the company as its National Sales Manager. Parkhurst will be responsible for marketing initiatives, as well as sales strategy and growth for the Corporation's 10 operating divisions. Parkhurst had previously worked for Skyline as a division sales manager, and was employed by one of the nation's leading manufacturers of recreation vehicles.

"I look forward to returning to the team at Skyline and building upon the progress that is taking place," Parkhurst says. "Skyline's strong traditional values will support our commitment to expand our business nationwide and I am excited to be a part of all that is happening at Skyline."

"Scott has a great history in our industry and has been a successful leader in developing sales strategies and delivering top line results," Skyline President and CEO Rich Florea says. "We are excited to have Scott join our team."

In addition to Parkhurst's hiring, the corporation also announced changes to its Loan and Security Agreement dated March 20, 2015, with First Business Capital Corp. As a matter of precaution, the corporation sought and received amendments to certain covenants under the Loan Agreement. On June 28, Sections 7.25 and 8.3 of the Loan Agreement were amended to show an increase in the capital expenditure limit for both the 2016 and 2017 Fiscal Year from $800,000 to $1.25 million in 2016 and $1.5 million in 2017.