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 8, 2019
Author: RV News Staff
Camping World Holdings Inc. announces acquisition of Coates RV with locations in Hugo and Cloquet, Minn.
“For over 80 years, Coates RV has earned its customers’ business by providing quality products and service backed with a highly experienced team and reliable RV care,” Camping World Holdings Chairman Marcus Lemonis says. “Attention to detail has made them leaders in the RV industry and we look forward to the team, many of which have over 10 years’ experience, joining our network of RV Supercenters.”
The acquisition of Coates RV is in line with the Camping World’s future RV dealership growth plans and the company expects to continue expanding in Minnesota and other new markets throughout the country this year; including three additional Gander RV locations in Forest Lake, Hermantown and Baxter, opening spring and summer of 2019.
“The two Coates RV locations will allow us to expand our footprint in the state of Minnesota while continuing to deliver a high standard of customer service and integrity in the industry,” Camping World Holdings President Brent Moody says. “We currently operate a location in Monticello, MN, that specializes in RV sales, service and accessories. With the Coates RV locations, we increase our presence in the state to three RV Supercenters, and we look forward to the expansion of the Gander RV dealerships in Forest Lake, Hermantown and Baxter.”