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| Drew Industries acquires SteelCo Drew Industries Incorporated announced its wholly-owned subsidiary Lippert Components, Inc. acquired the business and certain assets of Rialto, Calif.-based SteelCo, Inc. for $4.5 million in cash. SteelCo, which manufactures chassis and component parts for recreational vehicles and manufactured homes, had annual sales of approximately $8 million in 2005. Lippert will occupy SteelCo's factory for about two months, during which time SteelCo's business will be transferred to Lippert's West Coast factories. write your comments about the article :: © 2006 Construction News :: home page |