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 Dec 30, 2016
MILWAUKEE, Wisconsin - REV Group, a $2.2 billion specialty vehicle manufacturer, has announced the acquisition of Renegade RV, a leading manufacturer of recreational vehicles, heavy-duty trailers and specialty vehicles.
Renegade RV will become part of REV Recreation Group, a subsidiary of REV Group, Inc. that manufactures type A and type C motorhomes under the American Coach, Monaco, Holiday Rambler and Fleetwood RV brand names.
Founded in 1997 and headquartered in Bristol, Indiana, Renegade RV now employs about 175 people and occupies a 200,000-square-foot production facility. Renegade RV has built an extensive independent dealer network that will continue to promote and sell Renegade RV products nationwide.
Over the last 20 years, Renegade RV has become a leader in the RV industry with respect to performance, quality and innovation.
“Our team at Renegade is results-driven. We take a lot of pride in the products we build and always make it a priority to provide our customers with the top-notch quality and customer service they deserve," Renegade RV President Mike Lanciotti says. "I am confident that our alignment with REV Recreation Group will provide us with the financial, engineering and manufacturing resources we need to embark on the next phase of growth for our company.”
“We are excited to welcome Mike and his outstanding team at Renegade into the REV RV family,” REV Recreation Group President Jim Jacobs says. "Product quality and craftsmanship are critical factors in the decision-making process for prospective RV buyers. Renegade RV’s attention to detail in the production of vehicles is second to none. I truly believe Renegade RV now has all of the pieces in place to become a preeminent brand in multiple motorized RV segments.”
Renegade RV’s manufacturing operations will remain in Bristol, Indiana, and all of its employees will continue to be integral to day-to-day operations and future growth plans, according to a press release.
“We are extremely excited to have Renegade RV join our team at REV Group, and I look forward to welcoming their talented group of employees,” REV Group CEO Tim Sullivan says. "Renegade RV brings a tremendous reputation and a world-class product portfolio that is highly complementary to our line of great American-made motorhomes. We believe Renegade will quickly contribute strategic value to REV’s mission of better serving customer and dealer needs throughout the country.”