Lippert Posts Strong 1Q Results; Sales Grow 31%

LCI Industries (LCI) reported a 31% increase in sales during its first quarter, boosted by strong RV performance. Consolidated net sales for the first quarter grew to $650 million from $498 million a year ago. Net income was $47.3 million, or $1.86 per diluted share, compared to net income of $43.1 million, or $1.71 per […]

Labor Shortage Heightens as RV Industry Booms

The RV industry big wigs got together Thursday (May 3) morning for a pat on the back for how well the industry is doing. As reported by WNDU, it’s all part of the RV Industry Power Breakfast, which is a lot more about the power than the breakfast. Senators, representatives and the heads of the […]

Power Breakfast Highlights RV, Camping Synergy

Elkhart County is outpacing the gross domestic product nationally. A recent study shows that the outdoor recreation industry ranks 15th in the nation for GDP and a lot of that — the majority, actually — comes from the recreation vehicle industry. Frank Hugelmeyer, president of RV Industry Association, said, “We’re obviously in a record period […]

Horizon Global Reports Net Loss For 1st Quarter

Horizon Global Corp., a supplier of branded towing and trailering equipment, reported first quarter results while also detailing providing an update on its targeted action plan, focused on the restructuring of its Americas segment and business improvement activities in its Europe-Africa segment. Highlights from the report showed:  • Net sales increased from $203.3 million to […]

‘California RV Show’ Set For Oct. 5-14 in Pomona

The West Coast’s largest consumer RV show, the California RV Show, is set to return to the LA Fairplex in Pomona, Calif., Oct. 5-14. As reported by RVIA Today Express, the event showcases thousands of RVs from all the major manufacturers filling covering 1 million square feet of space. Consumers will be able to purchase their […]

‘Suburban’ Appoints Cornelius Product Manager

Suburban Mfg., a division of Airxcel Inc., announced the promotion of Mitch Cornelius to product manager. According to a press release, Cornelius started with Suburban about two years ago as a product engineer, playing a critical role in the design and development of new products. In his new role, Cornelius will work closely with OEM product […]