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 .
Thu Aug 3, 2017
Mission Hills, Calif. - Valterra Products, LLC has announced its acquisition of the Go Power! division from Carmanah Technologies Corp., a supplier specializing in off-grid solar power for recreational vehicles, work truck/long haul trucking, industrial and marine applications. The Go Power! extensive product line includes solar panels, battery chargers, transfer switches and inverters.
Go Power! Division Manager Mike Stephens and the Go Power! Sales/Operations team will continue to operate the Go Power! business from the current Victoria, British Columbia, Canada, location as a wholly-owned subsidiary of Valterra Products, LLC.
The Go Power! business will join Valterra's growing line of brand name quality products.
“We are excited to add Go Power! to Valterra’s expanding line of products," Valterra President and CEO George Grengs says. "Go Power! has been a leader in the Off-Grid solar market for many years and is an excellent fit with Valterra. We are especially pleased that Mike Stephens and the Go Power! team have joined Valterra to continue providing their expertise and excellent customer service."
“Valterra’s growth and business focus complement our plans and goals for Go Power! for the long term," Stephens says. "We are proud to continue along the path we have paved and are also excited to join a group that wants to support that journey."