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 Oct 5, 2017
EDMONTON, Alb. – KV Private Equity has announced that it has acquired Off Grid Trailers as the second investment of KV Private Equity Fund.
Off Grid Trailers manufactures rugged off-road expedition and teardrop trailers, which have been sold throughout Canada and the United States. Off Grid Trailers has rapidly established an enthusiastic following in the overlanding community, described by Overland Journal as “self-reliant adventure travel to remote destinations where the journey is the primary goal.”
“Off Grid Trailers is an excellent addition to our recreational vehicle platform, with a product line that complements our recent investment in Northern Lite,” KV Private Equity Chief Operations Officer Jonathan Herman says. “We were immediately impressed by Mark’s vision and emphasis on quality, and we are pleased that Mark will continue on with us as the general manager of Off Grid Trailers.”
“I am excited to be partnering with the KV team, and really looking forward to taking Off Grid Trailers to the next level,” Off Grid Trailers General Manager Mark Badgerow says.