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EXHIBIT
99.1
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FOR
IMMEDIATE RELEASE
Contact: Fred Zinn,
President and CEO
E Mail: Drew@drewindustries.com
|
 |
White Plains, New York – July
13, 2010 – Drew Industries
Incorporated (NYSE:DW) announced today that Scott Mereness has been promoted to
President of Lippert Components, Inc. and Kinro, Inc., Drew’s wholly-owned
subsidiaries.
Mereness
(38) has been serving as Executive Vice President and Chief Operating Officer of
Lippert Components and Kinro, and has extensive knowledge of the companies’
products and operations, as well as the needs of their RV and manufactured
housing customers.
Jason
Lippert will continue as Chairman and CEO of Lippert Components and Kinro, and
will continue with Mereness to focus on customer service, employees, growth, and
continued innovation across the companies’ many product lines.
“Scott’s
broad experience and understanding of our operations, products and our great
customers, are invaluable. He has enabled us to serve our industries in the
most efficient and cost-effective manner,” said Lippert. “I’ve worked very
closely with Scott since he and I started working at Lippert Components when it
was a family run business almost 16 years ago. I’m acutely aware of his
exceptional skills, energy, and entrepreneurial spirit which have been critical
to our becoming a leading supplier of components to RV and manufactured housing
producers,” continued Lippert. “He and I share the same passion, goals and
vision for both Kinro and Lippert Components, our dedicated employees and our
customers. Scott is among the most dedicated of employees in the Drew family,
and we look forward to his continued leadership within our
companies.”
Fred
Zinn, President and CEO of Drew Industries, noted that Mereness has been
instrumental in the success and expansion of both Lippert Components and Kinro.
“Scott’s leadership, dedication and accomplishments during the past 15 years
have been extraordinary, and we look forward to many more years of growth and
operational efficiencies to be initiated by Scott,” said Zinn.
About
Drew
Drew,
through its wholly owned subsidiaries, Kinro and Lippert Components, supplies a
broad array of components for RVs and manufactured homes, including windows,
doors, chassis, chassis parts, bath and shower units, axles and upholstered
furniture. In addition, Drew manufactures slide-out mechanisms for RVs, and
trailers primarily for hauling boats. Currently, from 24 factories located
throughout the United States, Drew serves most major national manufacturers of
RVs and manufactured homes in an efficient and cost-effective manner. Additional
information about Drew and its products can be found at www.drewindustries.com.
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