Drew Industries Incorporated, through its wholly-owned subsidiary, Lippert Components, Inc. and its subsidiaries, supplies a range of components for the primary manufacturers of recreational vehicles (RVs) and manufactured homes and for the related aftermarkets of those industries in the United States and internationally. Segments The company has two segments, RV Products and Manufactured Housing Products. RV Products This segment manufactures or distributes various products used in the production of RVs, including steel chassis for towable RVs; furniture and mattresses; axles and suspension solutions for towable RVs; entry, luggage, patio and ramp doors; slide-out mechanisms and solutions; electric and manual entry steps; thermoformed bath, kitchen and other products; awnings and awning accessories; windows; electronic components; manual, electric and hydraulic stabilizer and leveling systems; LED televisions, sound systems, navigation systems and wireless backup cameras; chassis components; and other accessories. The company also supplies certain of these products to the RV aftermarket and to adjacent industries, including buses; trailers used to haul boats, livestock, equipment and other cargo; and pontoon boats. This segment’s products are sold primarily to major manufacturers of RVs, such as Thor Industries, Inc.; Forest River, Inc. (a Berkshire Hathaway Inc. company); Jayco, Inc. (a private company); and other original equipment manufacturers, as well as to a lesser extent, to manufacturers in adjacent industries and distributors and retail dealers of aftermarket products. Manufactured Housing Products This segment manufactures or distributes various products used in the production of manufactured homes, including vinyl and aluminum windows; aluminum and vinyl patio doors; thermoformed bath and kitchen products; steel chassis and related components; steel and fiberglass entry doors; and axles. The company also supplies certain of these products to the manufactured housing aftermarket and to adjacent industries, including modular housing and mobile office units. Certain of this segment’s customers manufacture both manufactured homes and modular homes, and certain of the products manufactured by the company are suitable for both types of homes. The company’s manufactured housing products are sold primarily to major producers of manufactured homes, such as Clayton Homes, Inc. (a Berkshire Hathaway company); Cavco Industries, Inc.; and other original equipment manufacturers, as well as to a lesser extent, to manufacturers in adjacent industries and distributors of aftermarket products. Acquisitions In January 2015, the company acquired the business and certain assets of EA Technologies, LLC, an Elkhart, Indiana-based manufacturer of custom steel and aluminum parts; and provider of electro-deposition and powder coating services for RV, bus, medium-duty truck, automotive, recreational marine, specialty and utility trailer, and military applications. In April 2015, the company acquired the business and certain assets of Industries Spectal, Inc., a Canada-based manufacturer of windows and doors primarily for school buses, as well as commercial buses, emergency vehicles, trucks, agricultural equipment and RVs. In August 2015, the company acquired the business and certain assets of Roehm Marine, LLC, also known as Signature Seating, a Ft. Wayne, Indiana-based manufacturer of furniture solutions for fresh water boat manufacturers, primarily pontoon boats. In January 2016, the company acquired the business and certain assets of the pontoon furniture manufacturing operation of Highwater Marine, LLC, a primary manufacturer of pontoon and other recreational boats located in Elkhart, Indiana. In February 2016, the company acquired the business and certain assets of Flair Interiors, Inc., a Goshen, Indiana-based manufacturer of RV furniture. Seasonality The RV and manufactured housing industries, as well as other industries where the company sells products or where its products are used, historically have been seasonal and generally at the highest levels when the weather is moder
drew industries inc (DW:New York)
3501 County Road 6 East
Elkhart, IN 46514
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