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 .
Mon Jan 22, 2018
DexKo Global Inc.’s Dexter subsidiary has bought Kodiak, the Fort Worth-based manufacturer of light and medium duty disc brake solutions for RV, boat, horse and utility trailers.
Known for such innovations as ceramic brake pads with stainless steel backing plates, brass bleed screws, and steel brake hose flare fittings, Kodiak has been in business since 1989. Kodiak ids headquartered in Elkhart, Ind. and employs more than 2,400 people at 15 manufacturing facilities in the U.S. and Canada.
DexKo, itself recently acquired by KPS Global, intends to use the Kodiak acquisition to expand its Dexter subsidiary’s ability to provide high-grade components and service to the trailer industry.
"As we carry out our DexKo 2020 plan, we continue to see opportunities to improve our product offering through the type of value-added acquisitions that we have recently announced,” says DexKo CEO Fred Bentley.
"Kodiak has built a recognized brand, positioned as a leader of disc brakes, over the last several decades," says Adam Dexter, president and CEO of Dexter. "Adding additional products to the Dexter product line up will further enhance our ability to service our customers."
Purchase price and terms of the acquisition agreement are not currently available.