Patrick Industries Doubles Income over 2011

Etruth reports from Elkhart, Ind. RV and MH component producer Patrick Industries, Inc. announces fourth quarter 2012 net sales of $106.1 producing net income of $3.2 million, versus 2011 Q4 sales of $78.3 million with $1.5 million net income. For 2012 net sales increased $129.6 million over 2011 to $437.4 million with net income of $28.1 million. Sales to the MH industry accounted for 19 percent of total sales in 2012, and the RV sector made up 69 percent of net sales. MHProNews has learned Patrick has operations in 12 states and employs upwards of 1,700 people. During 2012 the company acquired three other affiliated businesses.

(Image credit: Patrick Industries, Inc.)

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