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 .
Tue Mar 7, 2017
ELKHART, Indiana - PATRICK INDUSTRIES, INC. has announced that it has commenced an underwritten public offering of 1,350,000 shares of common stock. In connection with the offering, the company expects to grant the underwriters a 30-day option to purchase up to an additional 202,500 shares of common stock from the company.
Patrick Industries intends to use all of the net proceeds of the offering to pay down outstanding indebtedness, according to a press release.
The offering is being made through an underwriting group led by BofA Merrill Lynch, Wells Fargo Securities and Baird, who are acting as joint book-running managers and as representatives of the underwriters for the common stock offering. KeyBanc Capital Markets is acting as an additional joint book-running manager for the offering.
The offering is made pursuant to an effective registration statement (including a prospectus) previously filed with the SEC. The offering will only be made by means of a prospectus supplement and the accompanying prospectus. Before you invest, you should read the preliminary prospectus supplement and accompanying prospectus and other documents the company has filed with the SEC for more complete information about the company and the offering. You may review electronic copies of these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov.
Alternatively, the joint lead bookrunners will arrange to send you the preliminary prospectus supplement and accompanying prospectus if you request them by contacting:
BofA Merrill Lynch
Attn: Prospectus Department
200 North College Street, 3rd floor
Charlotte, NC 28255-0001
Phone: (800) 294-1322
Wells Fargo Securities, LLC
Attn: Equity Syndicate Department
375 Park Avenue
New York, New York 10152
Phone: (800) 326-5897
Robert W. Baird & Co. Incorporated
Attn: Syndicate Department
777 E. Wisconsin Avenue
Milwaukee, Wisconsin 53202
Phone: (800) 792-2473