RVDailyReport says Kinro, Inc., a subsidiary of Drew Industries, Inc. and supplier of components for the recreational vehicle (RV) industry, announces that it has acquired the thermoforming design and production operation of Agile Vehicle Modifications, which produces plastic components for the original equipment manufacturer (OEM) and the aftermarket industry. Acquisition price was $300,000 with an additional $150,000 possible depending upon sales for one year. Agile has revenues of under $1 million. Kinro is based in Elkhart, Indiana and will lease Agile’s existing facility, also in Elkhart. MHProNews.com knows Drew supplies a wide array of components for the RV and MH industries.
(Image credit: Drew Industries, Inc.)