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RV supplier buys thermoforming assets

from Plastics News

Chasing growth in the recreational vehicle industry, Drew Industries Inc.'s Lippert Components subsidiary plans to buy Star Design, which makes thermoformed RV components. Drew's subsidiaries have been on an expansion spree, riding recent and projected growth in RV markets. In the past several months, the companies have made acquisitions in metal and electronic RV components. Drew derives more than 85 percent of its sales supplying a wide range of RV components. Its sales to the motorhome sector alone rose 30 percent in 2013. more

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