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 Sep 21, 2017
LINCOLNSHIRE, Ill. -- Camping World Holdings has completed the acquisition of American RV in Grand Rapids, Michigan, for an undisclosed sum, the company says.
Camping World currently operates an RV SuperCenter in Houghton Lake and retail accessory stores in both Belleville and Grand Rapids, Michigan. With the acquisition, the Grand Rapids retail accessory store will convert into a full-service Camping World SuperCenter, further expanding the market footprint, and increasing Camping World's current presence in the state of Michigan.
"We remain focused on brand expansion and top notch customer service, as we continue to grow in the Michigan market with the successful establishment of American RV joining the Camping World family," Camping World Chairman Marcus Lemonis says. “We look forward to providing customers with the high level of service they deserve and fulfilling all of their outdoor, camping and RV needs; from offering thousands of accessories, to quality RV sales and service."
Brent Moody, Chief Operating Officer of Camping World, added the move will maintain both companies' 'commitment to superior sales and service while expanding on its success in this market.
"This important acquisition reinforces our commitment to planned expansion in the state of Michigan and our focus on increased market share with our countrywide expansion," Moody says.