2019 RVIA Economic Impact Study

The new RVs Move America Economic Impact Study, released June 3, 2019 at the annual meeting of RVIA, revealed the RV industry has an overall economic impact on the US economy of $114 billion, supporting nearly 600,000 jobs, contributing more than $32 billion in wages, and paying more than $12 billion in federal, state, and local taxes. The announcement was made by Garry Enyart, RVIA chairman, and Onan/Cummins Director of Mobile Generator Sales & Coach Care.

For more information on the $114 billion total economic impact and what it includes, click here.

Patrick Industries Announces 3-for-2 Common Stock Split

Thu Nov 9, 2017

145677893217453.pngELKHART, Ind. — Patrick Industries, Inc. (NASDAQ: PATK) announced today that on Nov. 8, 2017, the Company's Board of Directors approved a three-for-two stock split of the Company's common stock, to be effected in the form of a stock dividend, payable in the form of one additional share of common stock for every two shares of common stock held.

The stock dividend is effective for shareholders of record as of the close of business on Nov. 24, 2017 and will be payable on Dec. 8, 2017. The Company's stock will begin trading on a post-split basis on Dec. 11, 2017. The split will increase the number of outstanding shares of the Company's common stock from approximately 16.8 million to 25.2 million.

"The stock dividend is a reflection of our Board of Directors' confidence in the long-term growth prospects of the Company and is in alignment with driving strong liquidity for our shares in the marketplace," said Todd Cleveland, Chief Executive Officer. "We remain focused on maximizing shareholder value through the successful execution of our strategic growth initiatives."