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
Elkhart, Indiana – Drew Industries Incorporated has officially changed its company's corporate name to LCI Industries.
Through its wholly-owned subsidiary Lippert Components, Inc. and its subsidiaries, Drew Industries supplies a board array of components for the leading OEMs of recreational vehicles and adjacent industries, and the aftermarkets of these industries. Lippert Components’ business has grown considerably over the past decade, and the new corporate name was selected to better align the investment community with the strength of the LCI brand in the industries it serves.
The company has reserved the ticker symbol “LCII”, and the company’s common stock will begin trading on the New York Stock Exchange under its new name and the trading symbol effective as of the market open on Jan. 3.
Outstanding stock certificates will not be affected by the name change and will not need to be exchanged. All stock trading, filings and market-related information will be reported under the new corporate name and trading symbol.