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 .
Mon Aug 1, 2016
Elkhart, Indiana — Lippert Components, Inc. has announced that Jeff Albrecht has been named Director of New Product Development to help the company grow its research and development department.
In his new role, Albrecht will utilize key OEM relationships and his extensive product knowledge to generate product advancements for the recreational vehicle, marine, heavy truck and specialty market industries, according to a press release.
“Jeff really understands what Lippert’s customers need from our products and is a significant asset for determining the various directions we will take with our products,” Lippert Components Vice President of Operations Steve Jenkins says. “His understanding of our current products, their progression over the years and his cultivated knowledge of component development have been essential over the last decade. We are excited to see him continue to flourish in his new role and continue to provide us with expert guidance within the realm of product development.”
As a graduate of Purdue University’s College of Engineering and with an 11-year tenure working in Lippert’s research and development department, Albrecht is well equipped to excel in his new role. Aside from his educational background and vast knowledge of the LCI product base, Albrecht has developed relationships with Lippert customers that are essential to the company’s future product developments. As a leading supplier of components to recreational vehicle and adjacent industry manufacturers, LCI’s relationships with OEMs is crucial to industry-wide innovation and expansion of component offerings.
In addition to his commitment to LCI, Albrecht enjoys being involved in the community and is passionate about supporting local organizations such as Child and Parent Services (CAPS) and the Boys and Girls Club.