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 .
Wed Feb 8, 2017
Fort Worth, Texas - The Wayne Davis Auto Group, LLC has introduced its 2017 Regency RV lineup of Concept One type B motorhomes built on the Mercedes Benz Sprinter chassis. The company expanded in 2016 from Regency Conversions, one of the best-known up-fitters of lifted, off-road pickups and SUVs in the country, with its new Regency RV division building ultra-luxury motor coaches on the popular Mercedes diesel platform.
After acquiring its Mercedes Benz Master Up-fitter Certification in just four months in early 2016, Regency RV went into production for the Concept One motor coach from its newly retooled Fort Worth, Texas production facilities. With the 2017 Concept One rollout, the company is now in full production of this distinctive new offering.
The Regency RV management team Owner and CEO Wayne Davis; President Alan Osicka; and Vice President of Sales Nick Carter, has more than 100 years of automotive industry expertise between them. The three once managed Regency Van Conversions, which they grew from 175 units monthly in 1995, to 800 units per month by 2001. At that time, the Regency Van brand was recognized as the largest volume up-fitter of vans, trucks and SUVs in the United States. In 2006, the Owner and President of Regency, Wayne Davis, sold the van conversion firm.
Today, Nick Carter, vice president of sales for the new Regency RV, explained the differences inherent in the new firm and in its unique type B motorhome offering.
"What separates us from most Class B builders in the industry today is that we are not interested in doing high-production runs," Carter says. "You see our new coaches are all hand made. At this point in our careers, we're more focused on quality, not quantity. Our new Regency RV is a different endeavor. We are rethinking the Class B market and attempting to build a coach that stands out as unique from what is already out there."
Industry veteran and President of the new Regency RV, Alan Osicka, also heads up the manufacturing and operations for the firm. He further explained the Regency RV advantage.
"We're ahead of the competition from the start with a high-end chassis from Mercedes already equipped with factory navigation, backup camera systems and other enhanced features," Osicka says. "You'd have to see our new facilities to truly understand our processes, but we craft everything in-house. From the building, hand-sanding, staining and finishing of our American beech wood cabinets, to hand crafted real leather upholstery, to painting all components to match, computer designing and printing our graphics, even tinting our own glass, it's all done in-house."
Osicka says that this hands-on approach to coach building is second nature to the firm. Under the guidance of its Owner and CEO Wayne Davis - one of the premier classic automotive restoration experts in North America - the firm has a culture of quality rarely found in the world of recreational vehicles.
In 2008, Davis sold his restored collection of 80 automobiles in a private offering conducted by the internationally acclaimed RM Auctions. The sale was a national event, attracting bidders across the United States and grossing more than $8 million.
"We're driven by an attention to detail that sets our products apart from the rest of the field," Osicka says. "The reception of the new Regency Concept One went better than we expected in 2016. Dealers and consumers are looking for quality and those who will stand behind their products. We hope to add many dealers to support our following in 2017."