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 .
Thu Aug 30, 2018
Author: RV News Staff
Ryan Smith has been promoted to senior vice president of sales and operations at Lippert Components in Elkhart. Smith previously held the position of vice president of LCI’s Interior Division. In his new position, Smith will oversee all sales and operations for the more than 60 divisions that comprise LCI Industries, North America.
Smith’s entire professional career has been spent in the RV and marine industries. He began his career with Seating Technologies, a Goshen, Indiana-based furniture manufacturer, immediately after graduating from Indiana University South Bend. After LCI acquired Seating Technologies in 2008, Smith’s role pivoted to sales, and ultimately, operations and product development for LCI’s newly formed Interior Division.
Over the next ten years, the Interior Division would fuel LCI’s growth and come to be one of the company’s largest business units. Smith helped organically grow LCI’s Interior Division from $30 million in 2008 to more than $300 million in 2017.
Smith says he will bring the same intensity to his new role.
“My entire career has been spent within LCI’s operations while building relationships with our key customers," he says. "This is what I know, and this is what I am passionate about. Over the last five years, I have been blessed to be part of the cultural transformation that we’ve experienced here at LCI, and I am excited to step into this leadership role and help keep this momentum going. LCI has very talented sales and operations teams, and I’m excited and honored to work with them.”
Jason Lippert, CEO of LCI, says Smith's in-depth knowledge of product innovation, sales and operations perfectly suit him for this role.
“Ryan brings an incredible passion for building great teams, product innovation and building great customer relationships," Lippert says. "His track record at LCI speaks for itself. I know he will excel in this new role, and I am excited to see how his unique big-picture perspective will continue to fuel LCI’s tremendous growth. I am proud of Ryan in many ways, especially in that he has played a key role in helping launch and support our 'Everyone Matters' work culture transformation.”
Smith says his goal is to continue to take team member engagement, operational improvement and effectiveness with our customers to the next level.
"I want to continue to push our teams to innovate and inspire new and exciting products for the industries that we serve," Smith says. "We’ve built tremendous momentum over the last several years, and I’m grateful for this opportunity to lead our teams on this journey.”