Lippert Acquiring Electronic Systems Maker IDS

Drew Industries Inc. today (Feb. 27) announced that its wholly-owned subsidiary, Lippert Components Inc., has acquired Innovative Design Solutions Inc. (IDS), a Troy, Mich.-based designer, developer and manufacturer of electronic systems encompassing a wide variety of RV applications. According to a press release, IDS also manufactures electronic systems for automotive, medical and industrial applications. “We are [...]

GE Capital Poll: Boat Industry Optimistic for ’14

More than half (54.7%) of marine industry participants expect sales to increase 5% to 10% this year, according to survey results released today (Feb. 28) by GE Capital, Commercial Distribution Finance (CDF). That’s up from the 43% who expected growth in that range last year. That sentiment tracks closely with CDF’s forecast of 8% growth [...]

California Campground Honored for ‘Excellence’

Nestled in the mountains about 20 minutes outside of San Diego, Santee Lakes Recreation Preserve & Campground in Santee, Calif., recently received the 2013 Large Park of the Year and Plan It Green awards from the National Association of RV Parks & Campgrounds (ARVC) for excellence in business and environmentally conscious practices. Woodall’s Campground Management [...]

Massive Fire Ravages B.C. Truck Camper Builder

Kelowna, British Columbia-based Northern Lite Truck and Campers is scrambling to keep their business afloat in the wake of a fire that destroyed operations. According to a report by Capital News, owner Keith Donkin got word early Wednesday (Feb. 27) morning that the family’s plant was on fire. Investigators hope to learn today what sparked the massive [...]

Lippert Components to Acquire Star Design LLC

Drew Industries Inc. announced that its wholly-owned subsidiary, Lippert Components Inc., has reached an agreement in principle to acquire certain assets and the business of Star Design LLC, an Elkhart, Ind.-based manufacturer of thermoformed sheet plastic products for the RV, bus and specialty vehicle industries. Closing of the transaction, anticipated to take place within 30 [...]

Report: House Republicans Taking Aim at CFPB

House lawmakers took aim at the Consumer Financial Protection Bureau (CFPB) on Thursday (Feb. 27), passing Republican-backed legislation that would curtail the power of the federal regulator. The Wall Street Journal reported that the bill passed by the House on a 232-182 vote, would replace the CFPB’s single director with a five-member board. It would also subject the [...]