Top

Duncan Addition Part Of A Long-Term Strategy

  Print Print

August 20, 2014 by   Leave a Comment

Lippert Components Inc. on Monday, (Aug. 18) announced its purchase of Elkhart, Ind.,-based Duncan Systems Inc., a distributor of replacement windshields, windows and awnings for the recreational vehicle and specialty truck markets, the Elkhart Truth reported in a follow-up story.

The acquisition marks Lippert’s long-term strategy to enter the lucrative RV aftermarket business and gives the company a foothold in the insurance claim market, which is a large part of Duncan’s business, said Lippert president Scott Mereness.

“We also like that they’re headquartered in Elkhart, which makes it easier for us to run and grow the business,“ Mereness said.

Duncan already distributes some Lippert-made windows, along with those made by other companies. Lippert’s control of the company should boost its window sales, Mereness said.

Mereness said the acquisition poses no threat to the livelihoods of Duncan’s roughly 60 workers, contrary to rumors swirling last week as word of the deal moved through the Duncan plant.

For the full story, click here.

[Slashdot] [Digg] [Reddit] [del.icio.us] [Facebook] [Technorati] [Google] [StumbleUpon]

Comments

Feel free to leave a comment...
and oh, if you want a pic to show with your comment, go get a gravatar!





*

Bottom