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 Apr 12, 2017
Menomonee Falls, Wisconsin - Power Products, LLC has announced its acquisition of Progressive Industries.
Based in Apex, North Carolina, Progressive Industries is a recognized leader in the design and manufacture of surge protection equipment, adapters and connectors for the RV industry.
“Power Products and Progressive Industries share a common vision to provide innovative safety and performance products to the recreational vehicle industry,” Power Products CEO David Scheer says. "This acquisition supports and strengthens our strategic plan to provide mission-critical mobile solutions and is a great addition to our portfolio of leading brands.”
“New generation RV’s are now being built with an increasing amount of electronic equipment and Progressive Industries has responded by developing leading products that provide reliable electrical protection for the consumer," Power Products Marine and Mobile Division President Chris McClain says. "Progressive Industries’ culture of innovative product development is an ideal fit with our company.”
Progressive Industries will continue to operate in Apex, North Carolina under the current management team as the new partnership works together developing world-class products and solutions for the benefit of their mutual customers.