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 .
Wed Oct 25, 2017
CHARLOTTE, Mich. – Spartan Motors, Inc. has announced that Dominic Romeo has been named to the company's Board of Directors. Romeo was also appointed to the Board's Audit Committee.
On the heels of sharing its aggressive plans for growth into 2020 at a recent Analyst and Investor Day in New York City, it is no secret that Spartan is laser focused on growth. Adding Romeo to the Board of Directors brings a longtime financial professional to the Board, in a time when Spartan plans to grow both organically and through acquisitions, according to a press release.
"We are pleased to welcome Dominic to Spartan's Board of Directors,” Chairman of the Board James Sharman says. “We believe his experience and knowledge in finance, international business and manufacturing will be helpful as Spartan develops and grows. We look forward to working with him and gaining from his extensive experience."
Romeo currently serves on the board of Novanta Inc., a leading technology supplier to medical and advanced industrial equipment manufacturers and BBB Industries, an automotive parts manufacturer, held by Pamplona Capital Management. Most recently he served as Senior Vice President and Chief Financial Officer of Thor Industries, Inc. Prior to Thor, he served as Vice President and Chief Financial Officer of IDEX Corporation, a leading global manufacturer of pump products, dispensing equipment and other engineered products.
Romeo's professional experience includes GE Aircraft Engines where he held multiple financial roles in audit and financial planning, and later Honeywell International, Inc., a diversified technology and manufacturing company that services customers globally, where he rose to the positions of Vice President and Chief Financial Officer of Honeywell Aerospace.
"I look forward to joining Spartan Motors' Board of Directors,” Romeo says. “I am confident that my background, coupled with the relationships I've already built with Spartan's executives and Independent Directors will further the collaborative nature of evaluating new opportunities while simultaneously continuing to strengthen the business' core as we work together to guide this great organization into its next phase of overwhelming growth."
Romeo holds a Bachelor of Arts Degree in both Accounting and Business Administration from Manchester University.
The Company's Board of Directors now consists of Chairman James Sharman, Daryl Adams, Richard Current, Richard Dauch, Ron Harbour, James Orchard, Andrew Rooke and Dominic Romeo.
For more information on Spartan Motors, visit www.spartanmotors.com.