Tuesday, June 16, 2015

Drew Industries, Inc.: Supplying Parts and Accessories for the RV and Adjacent Industries

The industry of recreational vehicles, including those adjacent industries like buses, trailers and trucks, continues to rely on the products offered by Drew Industries, Inc. The business continues to support these industries through the components they supply to the manufacturers in these industries.

Drew Industries has more than 37 factories across the country that continue to design, manufacture and market products like vinyl and aluminum windows, axles and suspension solutions, furniture and mattresses, chassis components, electric and hydraulic stabilizer and lifting systems, slide-out mechanisms and solutions and several other components. These products are the basic parts that manufacturers use to assemble top-of-the-class recreational vehicles, trucks and buses. Drew Industries is not only known for their innovative offerings, the company has already made a signature in the industry for the quality of their offerings and the timely delivery of their products.

The operations of the company are divided into two reporting segments: RV products (RV segment) and manufactured housing products (MH segment). The RV segment of the business is the largest of its operations and has forged strong partnership with manufacturers like Thor Industries, Jayco and Forest River. This division operates 32 factories of the company and continues to supply their business partners with the most advanced RV parts and accessories. The MH segment continues to provide manufactured house products to producers of manufactured homes like Cavco Industries, Inc., Clayton Homes and other Original Equipment Manufacturers.

Headquartered in Elkhart, Indiana, Drew Industries has grown to become a multi-billion dollar venture. During the company’s 2014 fiscal year, the business has reported revenue of more than $1.2 billion. It remains at the forefront of the industry it thrives in through its experience management and its flexibility to innovate and modify their products to meet client requirements. Drew continues to be listed on the New York Stock Exchange. It is also one of the components of the Wilshire 5000 Index.

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