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VIDEO 1: ‘ROTV’ Tours Indiana-based Travel-Lite

July 31, 2015 by · Leave a Comment 

On this week’s “Rollin’ On TV” program, the crew visits Travel-Lite Inc. in New Paris, Ind. and meets with Dustin Johns, president and CEO of the family-run business. ROTV learns about the history of the company and how it has managed to keep growing even during the economic downturn while also reviewing its production operation along with some of the builder’s truck camper and travel trailer models. Also, Jeff Johnston demonstrates an easy, quick way to get better... Read more

Sun Communities Posts Q2 FFO, Earnings Gains

July 31, 2015 by · Leave a Comment 

Sun Communities Inc., a real-estate investment trust based in Southfield, Mich., announced its financial results today (July 30) for the company’s second quarter, which ended June 30. The highlights, according to the company, were: Funds from operations (FFO)excluding certain items was $0.87 per diluted share, representing a 10% increase over the same period last year. Same-site Net Operating Income (NOI) increased by 8.8% as compared to the three months ended June 30, 2014. Revenue-producing... Read more

SylvanSport Goes Solar at Outdoor Retailer Show

July 31, 2015 by · Leave a Comment 

SylvanSport, makers of the Go and Go Easy adventure trailers, will be displaying product including its Goal Zero charging station as part of the Outdoor Retailer Summer Market. According to a press release, the event kicks off with an open air demo on Aug. 4 followed by the four-day summer market held at the Salt Palace Convention Center in Salt Lake City. In addition to the charging station and solar ready solution, SylvanSport will be showing its solar ready Go trailer. “SylvanSport has always... Read more

Acquisitions, RV Revenue Lift Patrick’s 2Q Profit

July 30, 2015 by · Leave a Comment 

Elkhart, Ind.-based Patrick Industries Inc. today (July 30) reported a 30.8% increase in net income for its second quarter compared to the same period last year, lifted by strong RV sales performance coupled with six RV-related acquisitions completed in 2014 and the first six months of 2015. Revenue in the second quarter, ended June 28, increased $45.6 million, or 24.3%, to $233.5 million from $187.9 million in the same quarter of 2014. Patrick reported that RV sales grew 26% during the three-month... Read more

Meyer Grows RV Presence; Acquiring 5 Seasons

July 30, 2015 by · Leave a Comment 

Jasper, Ind.-based Meyer Distributing announced the acquisition of the U.S. operations of 5 Seasons RV Distribution in Portland, Ore., according to a report in the Jasper Herald. “With the recent consolidation activity in the RV parts distribution business, it’s not surprising we have received an enormous amount of requests from both RV customers and suppliers to add additional product lines to this category and quickly,” says Bruce Terwiske, director of purchasing for Meyer. “We are the... Read more

House Arm Passes Bill to Repeal CFPB Guidance

July 30, 2015 by · Leave a Comment 

The House Financial Services Committee has passed H.R. 1737, a bipartisan bill to repeal the Consumer Financial Protection Bureau’s (CFPB) 2013 guidance designed to pressure lending institutions into eliminating motor vehicle financing discounts for consumers. The bill is supported by the Recreation Vehicle Dealers Association (RVDA) and a number of other organizations working to protect dealer-assisted financing, according to a news release. The bill, introduced by Reps. Frank Guinta, R-N.H.,... Read more

NTP-Stag Parent LKQ Posts Record 2Q Revenue

July 30, 2015 by · Leave a Comment 

NTP-Stag parent company LKQ Corp. today (July 30) reported record revenue for the second quarter of $1.84 billion, an increase of 7.5% as compared to $1.71 billion in the second quarter of 2014.  Net income for the second quarter was $119.7 million, an increase of 14.1% as compared to $104.9 million for the same period of 2014. Diluted earnings for the second quarter were 39 cents per share, up 14.7% from 34 cents per share the previous year.  A leading provider of alternative and specialty parts... Read more

Report: U.S. Economy Sees 2.3% Gain During 2Q

July 30, 2015 by · Leave a Comment 

The American economy regained its footing last quarter, expanding at an annual rate of 2.3% amid a better trade picture, robust consumer spending and a healthy housing sector. According to a New York Times report, the rebound in April, May and June was largely expected, after a dismal performance in the first quarter of 2015. Before the report on Thursday from the Commerce Department, analysts on Wall Street had been expecting to see a growth rate of about 2.5% for the second quarter. “I think... Read more

Pantera Sales, Texas Advertising Create Catalog

July 30, 2015 by · Leave a Comment 

Texas Advertising has partnered with Pantera Sales Inc. to produce a 566-page catalog of RV parts & accessories, the company stated in a press release. Pantera Sales is a family-owned business established in 1969 that has specialized in RV parts and accessories for over 20 years. In 1999, Pantera hired Texas Advertising to create a production catalog. “We’re very thankful we selected Texas Advertising over 15 years ago to create our first catalog, which was an award-winning publication with... Read more

RVDA Confab Workshops Focus on Young Execs

July 30, 2015 by · Leave a Comment 

A dozen workshops with topics of interest for younger attendees will be part of the education lineup at the 2015 RV Dealers International Convention/Expo, according to a press release. Topics ranging from leadership to general management and recruitment will be presented in an hourlong format by top speakers, many of whom are new to the convention/expo. Education workshops take place Wednesday, Thursday and Friday during the convention, which runs from Nov. 2-6 at Bally’s in Las Vegas. The first... Read more

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