The Recreation Vehicle Industry Association commissioned an Economic Impact Study on the RV industry, released on June 7, 2016. The study found that the RV industry contributes about $49.7 billion in economic output or 0.28 percent of the Gross Domestic Product. Through its production and distribution linkages, the industry impacts firms in 426 of the 440 sectors of the United States economy.
Nationwide, the industry is responsible for 216,170 jobs, both directly and inderectly, creating an economic impact of $37.5 billion. The full study results, along with each individual state and congressional district's economic impact is available on the website by clicking here .
Mon Apr 16, 2018
Author: RV News Staff
Thetford Corporation, based in Ann Arbor, Michigan, announced that it acquired Nova Kool Manufacturing, a maker of high-quality refrigeration products for mobile and off-power grid applications, today. Terms of the purchase were undisclosed.
Based in Coquitlam, B.C., Nova Kool manufactures more than 25 distinctive products for the RV, marine and truck markets. Its products include AC/DC and DC refrigerators and freezers in single-door, two-door, side-by-side and upright configurations.
“Nova Kool is another great addition to the Thetford family of companies,” CEO Stephane Cordeille says. “There are many synergies that make it an ideal fit with our current corporate family. It is an established, global company that manufactures mobile refrigeration products that are supplied to our same markets, and we share the same focuses of quality and exceeding customer needs.”
Cordeille says there will be no changes to the Nova Kool organization.
“It’s business as usual for Nova Kool,” he says. “It will operate independently – with its same management team in place-–and as a separate business.”
“We’re excited to join forces with a true RV industry leader like Thetford,” Jim Werner of Nova Kool says. “Joining the Thetford team is a great opportunity to grow our business and build on our successes.”
“This acquisition is a very positive move for us,” Cordeille says. “Thetford is an organization that will continue to grow through innovative product development and the pursuit of potential acquisitions.”
Thetford is a leading supplier of sanitation and refrigeration products for the RV, marine and heavy-duty truck industries. It is a privately-held company with seven manufacturing facilities in four nations.
Thetford subsidiaries also include Norcold of Sidney, Ohio, America's leading manufacturer of gas-absorption and AC/DC refrigerator/freezers for the RV, marine and truck markets; Tecma, an Italy-based maker of fine-china toilets and powerful waste-transfer systems; and Thetford Europe, which manufactures Spinflo brand high-quality cooking and heating appliances, as well as accessories.
To contact Thetford Corporation, call 800-543-1219 or 734-769-6000, e-mail firstname.lastname@example.org, or visit Thetford.com.