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 Jun 11, 2019
Author: RV News
Horizon Global, a manufacturer of branded towing and trailer equipment, has named Jamie G. Pierson as its chief financial officer. He will take responsibility for the company’s global finances, including reporting, tax, treasury, planning and analysis.
“He is the right financial leader at the right time for Horizon Global,” President and Chief Executive Officer Carl Bizon said. “Jamie’s background in financial leadership has him uniquely positioned to make an immediate impact on our company.”
Pierson’s experience includes business turnarounds, cash management, financial planning and analysis, SEC reporting and investor relations, Bizon said. He noted the company’s progress in improving operations during the past 18 months.
“The addition of a CFO with Jamie’s extensive turnaround and operational experience will be essential to our overall success,” Bizon said.
Before joining Horizon Global, Pierson served as chief financial officer of PrimeSource Building Products, a distributor of building products. He has also worked as CFO for YRC Worldwide, a Fortune 500 company that provides transportation and global logistics services. He's also served as managing director at Alvarez & Marsal, where he worked with multiple organizations that were facing a broad range of operational and financial challenges.
Barry Steele, who has been serving as Horizon Global’s CFO since February, is leaving the company.
“We would like to thank Barry for his efforts during his tenure as CFO and wish him well in his future endeavors. As Jamie fully transitions into his new role, we will look to immediately leverage his unique skills and experience to execute against Horizon’s ongoing business improvement initiatives,” Bizon said. “We also look forward to his strategic collaboration with me, our board and the rest of the management team as we work to reduce the company’s debt and improve our operational performance over the next several quarters.”