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 May 24, 2017
Spartan Motors, Inc. has announced that James Sharman has been elected by its Board to serve as Chairman of the Board, effective immediately. Sharman will succeed Hugh Sloan, who is retiring from this role which he has served in since 2010.
"On behalf of our employees, the entire management team and our Board of Directors, I would like to thank Hugh for his leadership and support as we've navigated our way through the unique challenges and opportunities that have faced Spartan Motors over the last several years," Spartan Motors President and Chief Executive Officer Daryl Adams says. "During his leadership, Spartan has thrived through tough economic times and has emerged well positioned for even greater success in the future. Hugh's wide-ranging experience and unending pursuit of our shareholders' interests is an inspiration to us all."
Sharman joined the Spartan Board in February 2016 as an Independent Director and brings a diverse background to the role, including executive and leadership positions in supply chain management/logistics, business management and private equity companies. He currently serves as the Chief Operating Officer of Coyote Logistics, LLC. Prior to that, he spent several years as Principal of Truecast Capital, LLC. His work history includes President and CEO of World Kitchen, Inc. and Rubicon Technology, as well as VP General Manager, Latin America, for the Case Corporation. He has also served as the Commanding Officer of an Engineering Company in the U.S. Army and was an Assistant Professor at the United States Military Academy, West Point.
"I would also like to formally welcome Jim to his new role," Adams says. "He has been an excellent resource since joining our Board and we are confident that he will help us grow the company in the future."
"I'm thrilled to be appointed to this position and honored to have had the opportunity to learn from Hugh's great leadership and wealth of experience this past year," Sharman says. "I'm extremely confident in the ability of the Board, the management team and all of the employees at Spartan Motors to support the momentum that's building as we execute on some of the most exciting growth opportunities in Spartan's history."