RVIA Economic Impact Study

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 .

Newmar Seeks Tax Abatement on $5M Nappanee Expansion

Wed Nov 8, 2017
Author: Denise Fedorow, Goshen News Correspondent

145400327661880.pngNAPPANEE, Ind. — The Goshen News reported that Newmar Corporation approached the city council of Nappanee, Indiana to approve a five-year tax abatement on a $5 million expansion project with 100 percent abatement the first year that would decrease by 20 percent each of the next five years.

Newmar Corporation, celebrating its 50th anniversary in Nappanee this year, is looking to expand and streamline operations and approached the city council Monday evening to request a tax abatement.

Chris Stager, vice president of retention and expansion for the county's Economic Development Corporation, accompanied Joe Shoemaker, Newmar's vice president of administration, to the council meeting.

Newmar has been a leader in recreational vehicle manufacturing throughout its history in Nappanee, Stager said, and now wants to expand its service department.

The expansion at 1301 Stahly Drive would include a $5,062,000 real property investment and a $2,758,000 personal property investment. Newmar officials expect to add at least 13 full-time positions with an average pay rate of $33.24 per hour.

Read the full story here.

Additional Information: http://www.goshennews.com/news/business/newmar-requests-tax-abatement-to-aid-expansion-plans/article_683a561e-6f3a-5e5f-afe4-e9c37f0ec666.html