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 Feb 20, 2018
Lippert Components Manufacturing, Inc., has acquired substantially all of the business assets of Hehr International Inc, headquartered in Los Angeles, according to a press release from LCI’s parent firm, LCI Industries.
Hehr manufactures windows as well as tempered and laminated glass for the RV, transit, specialty vehicle, and other adjacent industries, the release states. Hehr, which operates out of five U.S. locations, achieved sales of approximately $55 million in 2017.
“We are excited to add Hehr’s business and employees to our growing portfolio of window and glass solutions for the RV and specialty vehicle markets,” sys LCI CEO Jason Lippert. “Hehr represents many characteristics we look for in acquisitions: great teams, great products with diversified markets, and a great opportunity for growth.”
The news came just days after Lippert Components announced the company’s Framed RV Window Division ended the 2017 year having produced more than two million windows. The Hehr team will remain with LCI to lead the acquired business under the direction of Josh Roan, vice president of operations.
LCI Industries is headquartered in Elkhart, Indiana, and is a supplier of components for the leading original equipment manufacturers of recreational vehicles and adjacent industries, as well as the related aftermarkets of those industries.