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 Nov 22, 2017
ELKHART, Ind.—DexKo Global Inc. has announced that its subsidiary, Dexter, has agreed to acquire Henderson Wheel & Trailer Supply Inc., based out of Salt Lake City. Henderson is a manufacturer of sprung and torsion axles and fenders as well as a distributor of axles, trailer components and fenders.
"The addition of the Henderson product and manufacturing facilities will complement the already extensive portfolio of products under Dexter while strengthening our presence in the Western U.S.," DexKo Global CEO Fred Bentley says. “We are now continuing with our DexKo 2020 plan. Our new owner, KPS, is providing full support to add highly engineered and high growth products to our globally leading running gear product offering."
"This is an excellent opportunity to better serve all our customers with the addition of west-coast manufacturing capabilities," Dexter President and CEO Adam Dexter says. “Our focus will be to further enhance our commitment to the core Dexter principles of safety, quality and customer service that have been the foundation of our success for over 50 years. By concentrating on these areas, we are confident that the addition of Henderson will bring value to all our mutual customers."
"At Henderson, we are very proud of the legacy we have built since 1919,” Henderson President John Henderson says. “As a family run business, we are thrilled with the opportunity to continue growing our business while joining an even larger family. I am confident that uniting with Dexter, the industry leader, will be beneficial for both our customers and employees."
DexKo Global is a portfolio company of KPS Capital Partners, LP. KPS is the manager of the KPS Special Situations Funds, a family of investment funds with about $5.2 billion of assets under management.