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 27, 2018
When it comes to a long-term branding solution, Dexter, a subsidiary of DexKo Global Inc., apparently is going with the horse that got them here.
DexKo announced Monday that its subsidiary, Dexter, is launching a long-term brand strategy offering trailer and vehicle components under the trusted brand, Dexter, according to a press release from the Elkhart, Indiana, company.
"Consolidating brands and product offering will make it easier for our customers and allow us to offer higher levels of quality and service," states Adam Dexter, president and CEO of Dexter. "We value the loyalty of our customers and look forward to continuing to provide them with quality products and exceptional customer service."
Company officials said during the past several years of strong growth and product diversification, the company has expanded its brands. Based on customer feedback, Dexter has decided to reduce the complexity of its brand portfolio, the release says. Products will be manufactured and sold under the umbrella of Dexter, “a brand customers know and trust.”
During the next several months, legacy branded products will transition to Dexter. This includes UFP (Unique Functional Products), Titan brakes & actuators, Tie Down Engineering axles, brakes and actuators, Dexter Door, and Ventline. This new brand structure will bring much needed clarity, the release says, making it easier to navigate the company’s product offering.
"Our focus remains steady," continues Dexter, "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 Dexter will continue to be the brand of choice."
DexKo Global is a portfolio company of KPS Capital Partners, LP ("KPS"). KPS is the manager of the KPS Special Situations Funds, a family of investment funds with approximately $5.2 billion of assets under management.
Dexter is a leading manufacturer of trailer and vehicle components for the utility trailer, recreation vehicle, heavy duty, agricultural, marine, and specialty trailer markets. Dexter is headquartered in Elkhart, Indiana employing over 2,400 people and operating 18 manufacturing facilities in the U.S. and Canada.