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 Jun 20, 2017
Forest River, Inc. has reportedly acquired Battisti Customs, Inc., a vehicle conversion company based in Elkhart, Indiana.
Battisti Customs was formed in early 2009 by Bill Battisti and Carl Hazzard who have extensive experience in engineering the interior vehicle components, according to the company website.
Battisti recently doubled the size of its manufacturing facility from 30,000 to 60,000 square feet to accommodate all of its product lines. Battisti builds its vehicles on Mercedes Sprinter chassis.
Battisti Customs is the latest example of Forest River's expansions and growth acquisitions in the recreational vehicle market, after acquiring Dynamax in 2011. It also has made recent acquisitions in the luxury bus and marine markets.
More details on the acquisition will follow in the days ahead as more information becomes available.