Patrick Industries Reports Acquisition of Elkhart Composites – RVBusiness – Breaking RV Industry News
ELKHART, Ind., – Patrick Industries Inc. (NASDAQ: PATK) announced today that it has completed the acquisition of Elkhart-based Elkhart Composites Inc., a THOR Industries Inc. owned company.
Marketing its products under the “Elkboard” brand name, Elkhart Composites manufactures composite products for sidewalls and ceilings, which are durable, lightweight, sustainable alternatives to wood products, for sale to Thor branded companies and other external customers.
“We are excited about the opportunity to further partner with Thor as we expand Patrick’s own high-quality composite panel solutions to our markets,” said Andy Nemeth, Chief Executive Officer of Patrick. “Elkhart Composites’ products will join our growing portfolio of brands that supply composite materials, further aligning our commitment to excellence and serving our RV and Marine OEM customers at the highest level.”
