Lippert Components promotes Jason Falk to oversee mergers and acquisitions
Elkhart, Ind. — LCI Industries (NYSE: LCII) today announced that its wholly-owned subsidiary, Lippert Components, Inc. ("LCI"), a supplier of a broad array of highly engineered components for the leading original equipment manufacturers ("OEMs") of leisure vehicles and mobile transportation, and the related aftermarkets of those industries, announced today that it is promoting Jason Falk to Vice President of Mergers and Acquisitions (M&A). Jason previously held the title of VP of Operations. Over the last 15 years, LCI has acquired more than 45 companies within the RV, marine, and specialty vehicle markets. M&A has been a key growth component and a major contributor to the success of LCI during this time, and the promotion of Mr. Falk will help ensure the ongoing success of this strategy.
Jason Falk, a 1996 graduate of Alma College, began his career with LCI immediately after graduating by entering LCI’s Leadership in Training program. Jason has overseen the operations of multiple divisions of LCI during his tenure, being directly responsible for those divisions’ P&L, personnel, leadership, and overall growth and sustainability.
“Jason Falk has been a loyal teammate and friend for well over twenty years. Throughout his tenure at LCI, he’s been directly responsible for the financial success of a number of LCI divisions. He has been involved with several acquisitions over the last couple years, most notably Taylor Made, which LCI acquired earlier this year,” said Jason Lippert, LCI’s CEO. Continued Lippert, “Jason’s operation and team building experience, along with his vast knowledge of how LCI functions on a day-to-day basis, from its culture to its strategy, make him the perfect person to not only lead, but also grow, the M&A initiative at LCI.”
“I am excited to enter into this next chapter in my journey with LCI,” said Jason Falk. Continued Falk, “I’m appreciative for this opportunity to be directly involved with adding new products, team members, and customers to LCI through the M&A process. We have a stellar track record with our M&A initiatives. I look forward to the challenges ahead as we continue to grow our business.”
From over 70 manufacturing and distribution facilities located throughout North America and Europe, LCI Industries, through its wholly-owned subsidiary, Lippert Components, Inc., supplies, domestically and internationally, a broad array of highly engineered components for the leading OEMs in the recreation and transportation product markets, consisting of recreational vehicles and adjacent industries, including buses; trailers used to haul boats, livestock, equipment, and other cargo; trucks; boats; trains; manufactured homes; and modular housing. The Company also supplies engineered components to the related aftermarkets of these industries primarily by selling to retail dealers, wholesale distributors, and service centers. LCI's products include steel chassis and related components; axles and suspension solutions; slide-out mechanisms and solutions; thermoformed bath, kitchen, and other products; vinyl, aluminum, and frameless windows; manual, electric, and hydraulic stabilizer and leveling systems; entry, luggage, patio, and ramp doors; furniture and mattresses; electric and manual entry steps; awnings and awning accessories; electronic components; appliances; televisions, sound systems, navigation systems, and backup cameras; and other accessories. Additional information about LCI and its products can be found at www.lci1.com.
Lippert Components, Inc.
3501 County Road 6 East
Elkhart, IN 46514