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 .
Mon May 13, 2019
Author: RV News Staff
HSM plans to exit the RV step and step accessory business. In a letter to customers, the company says its Elkhart, Ind., facility of HSM Solution’s Transportation and Specialty Manufacturing Division will phase out of the RV step business, effective immediately.
“We will work with you over the next weeks to determine the best phaseout for your business and our customer service center will remain operational until the phaseout is completed,” Scott M. Dahl, vice president and general manager of HSM’s Transportation and Specialty Manufacturing Division, said in a recent letter to customers. “Additionally, we will honor all documented express warranties delivered at the time of product purchase.”
Dahl referred questions to the company’s corporate office in Hickory, N.C.
Steve Underdown, president of parent company Hickory Springs Manufacturing Co., declined to comment on the company’s plans.
HSM (Hickory Springs Manufacturing) has produced steel RV entry steps since 1996 and the step market has evolved since then. In 2016, the company introduced the Hickory Aluminum Step, which featured a protective coating on its steel hinge parts to prevent rust. The company said at the time that development of the aluminum step was in response to a trend toward lightweight RV components.
The RV step business has become increasingly competitive in recent years with several manufacturers unveiling signficant innovations. Lippert Components and MORryde supply versions of drawbridge-type steps. Torklift International has been successful with its GloStep Revolution and Stromberg Carlson supplies a variety of step products.