Lippert Components Acquires Assets From Fortress Technologies Llc to Expand Chassis Manufacturing Capacity
December 18, 2013
ELKHART, Ind. — Lippert Components, Inc. (LCI®) announces that it acquired the business and certain assets of Fortress Technologies, LLC, a manufacturer of specialized RV chassis located in Middlebury, Ind., for $3.3 million. Fortress had annualized sales of about $3 million. The business will be managed by LCI’s Chassis Division, allowing the team to further strengthen and expand manufacturing capabilities.
“The people and assets we’ve added from Fortress Technologies will help us better serve our customers by increasing our capacity, allowing us to meet the projected industry-wide growth,” said Scott Mereness, President of Drew Industries Incorporated, LCI’s parent company.
Todd Driver, Chief Operations Officer for LCI, added, “The talented Fortress team, as well as a 102,000-square-foot building with a state-of-the-art powder-coating paint booth and other equipment, allows us to expand and fortify current operations.”
With over 90 manufacturing and distribution facilities located throughout North America, Europe, Africa, and Asia, Lippert™ is a leading, global manufacturer and supplier of highly engineered products and customized solutions dedicated to shaping, growing, and bettering the RV, marine, automotive, commercial vehicle, and building products industries, and their adjacent markets. Lippert also serves a broad array of aftermarket segments, supplying best-in-class products designed to enhance recreational pursuits, both on the road and on the water. From powerful towing technology and automated RV leveling systems, to boating furniture and one-of-a-kind shade solutions — Lippert combines strategic manufacturing capabilities with the power of our winning team culture to deliver unrivaled Customer Service, award-winning Innovation, and premium Products to every industry and person we serve.
3501 County Road 6 East
Elkhart, IN 46514