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.

Ingrassia takes over RVDA as Molino retires

(Feb. 2, 2012) -- Mike Molino, president of the RV Dealers Association, announced today that he will step down after 16 years of service as the CEO of the group. The RVDA Board of Directors named Phil Ingrassia, the association’s vice president for communications, as the association’s next president effective April 2.