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Drew Buys Philips Products’ Door-Making Assets

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October 2, 2009 by   2 Comments

Drew Industries Inc. announced Thursday (Oct. 1) that its wholly-owned subsidiary Kinro purchased from Philips Products Inc. certain inventory and equipment used for the production of front-entry doors for manufactured homes. The $1 million transaction was funded from available cash, the company stated in a news release.

“Not only will this acquisition increase the overall Drew-supplied content per manufactured home, it also adds a new product category for Drew,” said Fred Zinn, Drew president and CEO. “We estimate that the current annual market for front-entry doors for newly produced manufactured homes is about $12 million to $15 million. In addition, we believe there is a similar size market for replacement doors for the millions of existing manufactured homes.”

Elkhart, Ind.-based Philips Products had made windows and front-entry doors for manufactured housing before ceasing these operations in July. Kinro, which already has a significant market share in windows for manufactured homes, will begin to manufacture entry doors at plants in Indiana and South Carolina within approximately 30 days.

“Because of our innovative designs and product enhancements, we have had tremendous success with our entry doors for RVs, which we introduced late last year,” said Scott Mereness, vice president of Kinro. “We plan to leverage this experience, as well as the strong relationships we maintain with producers of manufactured homes and aftermarket distributors, to gain significant market share for entry doors in the manufactured housing industry.”

White Plains, N.Y.-based Drew, through its wholly owned subsidiaries, Lippert Components and Kinro, supplies a broad array of components for RVs and manufactured homes, including windows, doors, chassis, chassis parts, bath and shower units, axles and upholstered furniture. In addition, the company manufactures slide-out mechanisms for RVs, and trailers primarily for hauling boats.

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2 Responses to “Drew Buys Philips Products’ Door-Making Assets”

  1. Jack Kronenberg on October 9th, 2009 12:55 pm

    I have a 1998 Safari Motor Home with a mid entry door. The door has 3 hings on it handles both the screen door and the regular door. The bottom hinge , approx. 8 1/2 inches long, is broken. Can you help me?????

  2. Jim Billy on December 20th, 2009 1:15 pm

    I have 2 interior storm windows by Philips Inc. I am missing the lower windows. They measure 30″ wide by 27” high overall. Can I either buy the assembled window or the components minus the glass. Thanks Jim

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