GOSHEN, Ind., Oct. 4, 2011 /PRNewswire/ -- Lippert Components, Inc., a leading supplier of components for the RV industry, announced today that it has licensed, from Texas Innovators, LLC, the exclusive rights to manufacture and sell innovative new slide-out boot and slide-out quarter topper products. "Lippert Components is the leading producer of RV slide-out mechanisms, and these patent pending products are great complements to our existing line of products," said Jason Lippert, Chairman and CEO of Lippert Components. "The slide-out boot covers the slide-out to prevent leaks into the RV, eliminating one of the most frequent warranty issues for RV manufacturers. The slide-out quarter topper helps keep water off the slide-out box while it is in the open position. These are great features for any RV, and we will market them to both RV OEMs, and as aftermarket products to RVers. They will be offered in colors that blend with the exterior graphics on the RV, enhancing the vehicle's overall appearance. We introduced these products during the open houses held recently in Elkhart County, and they were very well received by the RV community." Lippert Components has retained Eddie Martinez, the inventor of these new products. "Eddie has enormous energy and passion for this business, and will be focused on ensuring that our products add value for our customers. He will be a great addition to our management team," added Jason Lippert. About Lippert Components and Kinro Lippert Components and Kinro, Inc., its sister company, subsidiaries of Drew Industries Incorporated (NYSE: DW), supply a broad array of components for RVs and manufactured homes, including chassis, chassis parts, RV slide-out mechanisms, axles, upholstered furniture, mattresses, windows, doors, and thermoformed products. Additional information about Lippert Components and Kinro can be found at www.LCI1.com and www.Kinro.com.
A well-positioned portfolio requires both offensive and defensive holdings. Famed investors Warren Buffet, Benjamin Graham, John Neff and others can guide a strategy that includes both types of stocks.