Drew Industries reports fourth quarter results

(Feb. 13, 2012) -- Net sales in the 2011 fourth quarter increased 50 percent compared to the 2010 fourth quarter, to $160 million, as a result of a 51 percent increase in Drew's RV segment sales, and a 45 percent increase in Drew's manufactured housing segment sales. Drew's RV segment sales growth exceeded industry wholesale shipment growth largely due to the five acquisitions completed in 2011, as well as other market share gains.