RV PRO

May '17

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rv-pro.com May 2017 • RV PRO • 75 Way Interglobal Expands into New Headquarters Way Interglobal Network is moving its U.S. headquar- ters to its new 115,000-square-foot facility in Elkhart, Ind. The company said it is responding to its eighth con- secutive year of strong growth by expanding its ware- house and distribution capabilities. The new facility has 17 docks and ample office as the company continues to add to its workforce. With offices in Dongguan, China, along with two ware- house distribution facilities in Elkhart currently, this expan- sion allows for a more streamlined distribution operation in Elkhart to meet the demands of the RV, marine and specialty markets the business serves, according to the company. Way Interglobal is an authorized distributor of LG appli- ances, Hisense TVs and appliances, and Proscan TVs, as well as Everchill refrigerators, Greystone fireplaces and appliances and Drive audio and entertainment systems. Patrick Industries Completes Acquisition of Medallion Plastics Patrick Industries has completed the acquisition of the business and certain assets of Medallion Plastics. The purchase price was approximately $10 million. Medallion, located in Elkhart, Ind., is a designer, engineer and manufacturer of custom thermoformed products and components, which include dash and trim panels and fender skirts for the RV market, and complete interior pack- ages, bumper covers, hoods, and trims for the automotive, specialty transportation and other industrial markets. Medallion's fiscal 2016 revenue was about $20 million. "Medallion is recognized as a high-quality designer and manufacturer of a wide array of innovative custom thermoformed plastic components and its flexible man- ufacturing process allows it to produce virtually any ther- moformed component to meet its customers' needs," said Todd Cleveland, CEO of Patrick. "This acquisition rep- resents a continued growth opportunity in combination with Patrick's current thermoforming portfolio of compa- nies and will allow us to capitalize on product synergies in adjacent markets."

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