Lippert Components is celebrating its 60th year in business.
Lawrence “Larry” Lippert founded the company in 1956. It began as a galvanized and aluminum roofing business for the manufactured housing industry.
Lippert has evolved into a manufacturer of components for the recreational vehicle, manufactured housing, trailer, bus, marine and heavy truck industries.
The company branched out into the marine industry last year. The company recently expanded its marine offerings after acquiring a pontoon furniture business.
Lippert operates 45 facilities in the United States, Canada and Italy and employs more than 7,000 people. The company said it has completed more than 40 acquisitions in the last 16 years and has grown to $1.4 billion in revenue.
“LCI has become the company it is today because of people, both inside and outside our organization,” Lippert Components and Drew Industries CEO Jason Lippert said in a statement. “To our employees, past and present, thank you for your tireless efforts to make LCI great. I want to especially thank our customers who have stuck with us through good times and bad. At LCI we have always put our customers first, building long-lasting relationships built on trust, and I think that really shows today.”
“Our long-term growth strategy is to keep growing in both our core RV and manufactured housing markets and our adjacent markets, including bus, heavy truck, marine, trailers for boats, livestock, equipment and other cargo, and specialty vehicles,” he said.
“We will also keep pushing more resources to expanding sales in the aftermarkets for RV, manufactured housing, trailer and marine, and in international RV markets while continuing to look for attractive acquisition opportunities across all of those segments.”
