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 Oct 24, 2017
Buena Park, Calif. – Trim-Lok Inc. has announced that any and all Intellectual Property and Patent Infringement disputes between LTI Boyd have been mutually resolved to the satisfaction of both parties.
Although the terms of the settlement cannot be disclosed, neither party admitted wrongdoing and LTI Boyd has dropped its patent infringement lawsuits against Trim-Lok. Trim-Lok has since developed and patented its own line of more highly engineered sealing solutions to compete with the products that were in dispute.
"I'm very pleased that both of our pending patent infringement disputes with LTI Boyd have been resolved," Trim-Lok Executive Vice President Dan Whitener says. “In addition, no infringement was determined by the court and a settlement was reached between both companies. Trim-Lok has a 50-year history of innovating and producing high quality Plastic and Rubber Sealing solutions for the RV markets. We work side-by-side with our customers to develop best-in-class engineering solutions that provide the highest quality, lowest cost sealing solutions that are environmentally friendly. With Trim-Lok’s support, our customers are able to streamline their new product development cycle times while providing higher quality sealing solutions. Trim-Lok spent close to a 7-figure sum fighting these frivolous lawsuits but felt in the end, that money would be better spent developing better products that would help our customers serve their customers. We will continue to invest in these market-leading solutions and will vigorously defend those investments where required for the benefit of our customers and shareholders."