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 .
Tue Jan 30, 2018
American Guardian Warranty Services, Inc. (AGWS), part of the American Guardian Group of Companies, has announced the promotion of several key executives and 2018 company growth plans including: growing its marketer base, revenue, service team, and improved Compass Auto VSC program, according to company information.
American Guardian, one of the leading companies offering administrative, insurance, reinsurance and data processing services to the RV industry, has shown a 30 percent revenue increase in the last five years, the company says. American Guardian plans to expand in 2018 by increasing its marketer base with a 25 percent addition to its agency base, as well as continuing the double-digit growth in revenues that it has seen during the last seven years. The company also continues to enhance and expand its service team at the corporate office, the East Coast sales office, and in the field.
As an already successful and attractive product, American Guardian's Compass Auto VSC program will undergo a significant rebrand for the company in 2018 with improved eligibility, coverage, and value. The product will grow in its appeal to dealers looking for a long-term partner that can provide value and support to their businesses.
"Since our company was founded 20 years ago, American Guardian has been proud to offer a full suite of F&I products that provide excellent coverage and value, while allowing for higher profitability for dealerships," says Jon A. Anderson, president & COO of American Guardian. "Extended service contracts, appearance protection, warranty protection, and tire and wheel coverage are just some of the products that American Guardian offers. We also provide reinsurance services, capital advance, and e-rating for products to help dealers become more profitable and productive."
In 2018, American Guardian has announced the following executives with significant promotions to further its mission for outstanding growth and expansion:
Jon Anderson has been named president and chief operating officer of American Guardian Warranty Services, Inc. Anderson started as the first sales person for the company in 1998. Since 2011, Anderson has overseen the national sales and marketing teams as senior vice president of sales and marketing, with record growth, expansion of the sales team and updated processes.
Ric Simmons has been appointed to executive vice president and chief financial officer of American Guardian Warranty Services, Inc.
Dan Lievrouw has been named executive vice president and chief information officer, as well as president of American Guardian Systems, Inc.