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 .
Fri Oct 28, 2016
ANN ARBOR, Michigan - Thetford Corporation has announced that it has acquired B&B Molders, a manufacturer of high-quality, plastic injection-molded products.
Based in Mishawaka, Indiana, B&B supplies a wide variety of its products to the RV industry, including some to Thetford. B&B also supplies custom products to the defense and other industrial markets.
“This is a great addition to the Thetford family of RV companies,” Thetford President Kevin Phillips says. “B&B is widely known and well respected for its innovation, world-class quality and outstanding service.”
Terms of the sale were undisclosed.
Like Thetford, B&B was founded in 1963 and was privately owned. Thetford purchased B&B from the Murphey family, who bought it from Harley Davidson in 1996. Phillips says that General Manager Brad Murphey will continue to run B&B.
“There will be no changes to the B&B organization,” Murphey says. “It’s business as usual. B&B will operate independently – with its same management team and as a separate business. We’re pleased to align our company alongside Thetford, which is an RV industry leader. We both become stronger together.”
“B&B Molders is a great fit for Thetford,” Phillips says. "This acquisition is a very positive move for us. Thetford is a growing company that will continue to grow through innovative product development and the pursuit of potential acquisitions.”
Headquartered in Ann Arbor, Thetford is the world's leading supplier of sanitation and refrigeration products for the RV, marine and heavy-duty truck industries. It is a privately-held company with seven manufacturing facilities in four nations.
Thetford subsidiaries also include Norcold of Sidney, Ohio, America's leading manufacturer of gas-absorption and AC/DC refrigerator/freezers for the RV, marine and truck markets; Tecma, an Italy-based maker of fine-china toilets and powerful waste-transfer systems; and Thetford Europe, which manufactures Spinflo brand high-quality cooking and heating appliances, as well as accessories.