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RV industry professionals had a great 2017 and are equally optimistic in their outlook for 2018, based upon a survey RV PRO magazine undertook of its readers in early November.
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Indiana Gov. Eric J. Holcomb recently announced the end of a record-breaking year for economic development with the Indiana Economic Development Corporation securing 293 commitments from companies across the country and around the world to locate or grow in Indiana.
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Marine dealers said government inaction was the single biggest factor in demand for new boats as the industry awaits tax reform – however, dealers didn’t rank it as impactful as they did last year or in 2015.
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Jumpstart Automotive Media, a leading media, insights, and marketing solutions company, released its monthly path to purchase report with a focus on shopper interest during October’s “truck month.”
Patrick Industries
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Patrick Industries has announced that it has completed the acquisition of LMI, a leading designer, fabricator, and installer of specialty glass, mirror, bath and closet building products to residential housing and commercial high-rise builders, general contractors, retailers, and RV manufacturers in the U.S.
Mirada
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Coming out of the Great Recession, gas-powered Class A motorhomes overtook their diesel-powered brethren. Industry pros don’t expect that dynamic to change anytime soon.
Thor Industries
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Thor Industries announced a record first-quarter net income of $128.4 million on record first-quarter revenues of $2.23 billion.
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In Part Two of this episode of 'In the Know,' Frank Hugelmeyer details the new events of RVIA's trade show, and hints at how the industry will do next year.
Black Book
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Black Book is reporting that the average selling price for motorized units was $49,211, which is up $674 (1.3 percent) from the previous month. Towables came in at $12,585, down $2,006 (13.7 percent) from last month.
Ocean Bio-Chem
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Ocean Bio-Chem achieved record net sales and record net income for the first nine months of the year despite the adverse impact of Hurricanes Harvey and Irma on third quarter 2017 results.

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