Drew posts smaller profits despite growth in RV sales
May 03, 2013 | 12:55 PM
| Michael Cowden
CHICAGO Drew Industries Inc.s profits narrowed in the first quarter as production issues, higher material costs and expansions and reorganizations bit into the bottom line.
But costs associated with consolidating facilities and realigning production are expected to decline in future quarters, the White Plains, N.Y.-based supplier of components for the recreational vehicle (RV) and manufactured homes markets said in commentary released with earnings data May 3.....
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