GEN-Y Hitch announced a 40% year-over-year growth in overall sales for the 2024 fiscal year. In addition to the overall growth, GEN-Y Hitch also reported a 90+% YOY growth in sales for its Executive fifth wheel line of towing products.
The Executive line, launched as a high-end offering designed to meet the needs of RV enthusiasts, has resonated strongly with customers. “The line’s advanced engineering, premium materials and craftsmanship have set a new standard in the towing industry, contributing to its exceptional market performance and smoother ride capability,” GEN-Y said.
“We are absolutely thrilled by the overwhelming demand and the loyal support of our customers, which have propelled our extraordinary growth,” said Carl Borkholder, founder and managing partner of GEN-Y Hitch. “Our remarkable 40% YOY increase in overall sales serves as a clear reflection of the deep trust and satisfaction our customers place in our premium-quality products. In addition, the astonishing growth of over 90% in our Executive line underscores our impressive expansion in the high-performance RV towing market, a sector we are excited to be innovating within. We are well-equipped to meet this rising demand with confidence. Our devoted team is wholeheartedly committed to crafting cutting-edge products while delivering unparalleled customer service, ensuring we move toward even greater achievements in the coming years.”
GEN-Y’s Key Highlights for 2024:
- 40% YOY growth in overall sales for the 2024 fiscal year
- Over 90% YOY growth in sales for the Executive fifth wheel products
- Release of seven new products
- Building expansion with a new powder coating facility
GEN-Y Hitch said its commitment to excellence has positioned the company as an industry leader in towing technology. With a growing product portfolio and a focus on customer needs, the company is poised for even greater growth in the coming years.
