Penny Roger$
13 years ago
Drew Industries Incorporated (Drew) manufactures and markets components for recreational vehicles (RVs) and manufactured homes (MH). The Company has two operating segments: the recreational vehicle products segment (the RV Segment) and the manufactured housing products segment (the MH Segment). During the year ended December 31, 2009, the RV Segment accounted for 79% of consolidated net sales and the MH Segment accounted for 21% of consolidated net sales. Drew’s operations are conducted through its wholly owned subsidiaries, Kinro, Inc. and its subsidiaries, and Lippert Components, Inc. and its subsidiaries, each of which has operations in both the RV Segment and the MH Segment. As of December 31, 2009, it operated 24 manufacturing facilities in 12 states. In July 2011, its wholly owned subsidiary, Lippert Components, acquired certain assets and business of M-Tec Corporation. In December 2011, its wholly owned subsidiary Lippert Components, Inc., acquired M&M Fabricators.
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