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 Aug 8, 2017
Some years, the Industry Week's annual list of the 50 Best U.S. Manufacturers can be almost unbelievably predictable. Some years, it can be almost unbelievably unpredictable.
And some years, like this year, it can be both.
After all, almost two-thirds of the public manufacturers that appeared on the list last year are back and 12 of the previous top 17 are right back in the upper third again this year. These companies are strong and steady, like metronomes. At the same time, the company that tops this edition of the U.S. 50 is an incredible surprise. It, too, is strong, steady and relatively metronomic, but when its financial numbers were plugged into the proprietary formula, it also exploded like some sort of supernova.
Meet Patrick Industries, Inc.
Headquartered in Elkhart, Indiana, Patrick Industries is, not surprisingly, involved in the recreational vehicle industry. If you've stepped foot in an RV, you've probably touched or at least looked at their pre-finished ceiling and wall panels, countertops, paneling, moldings, trim and doors. The company also manufactures plumbing, electrical and wiring, among other products. (And that product set also gives Patrick Industries a big spot in the manufactured housing market, in addition to household and office furniture, commercial furnishings and marine parts.) If you've never heard of them, you've certainly seen them. And if you've never heard of them, you will.