Patrick Industries

Patrick Industries is a manufacturer of building products and materials primarily serving the manufactured housing and recreational vehicle industries. The company operates through two main segments: manufacturing and distribution. The manufacturing segment, which accounts for the majority of its revenue, produces laminated and vinyl products such as furniture, shelving, cabinets, bath fixtures, and countertops. Meanwhile, the distribution segment focuses on selling prefinished wall and ceiling panels, along with electrical and plumbing products tailored for the RV and manufactured housing markets. Notably, a significant portion of the company's revenue is derived from a key customer in the recreational vehicle sector.

Andy Nemeth

President and CEO

Jake Petkovich

CFO

Past deals in Indiana

Williamsburg Marine

Acquisition in 2021
Williamsburg Marine specializes in manufacturing seating and accessories for the marine and motorized RV industries, located in Milford, Indiana. The company produces a variety of products, including pontoon boat seating, consoles, and helm seats that feature storage compartments and cup holders. Additionally, Williamsburg Marine offers custom-configured benches designed to optimize floor space. By collaborating closely with clients, the company assists in selecting layouts, colors, and specific details to ensure both stability and comfort in their seating solutions.

Synergy Rv Transport

Acquisition in 2020
Synergy RV Transport, Inc., founded in 2011 and based in Goshen, Indiana, specializes in logistics and transportation services, particularly for the recreational vehicle industry. The company primarily provides transportation solutions for original equipment manufacturers (OEMs), using independently contracted drivers to transport towable, flatbed, and motorized vehicles from OEM plants to dealer lots across the continental United States and Canada. In addition to transportation, Synergy RV Transport also offers recreational vehicle storage services, enhancing its capabilities within the industry. As of August 2020, the company operates as a subsidiary of Patrick Industries, Inc.

Medallion Plastic

Acquisition in 2017
Medallion Plastics Incorporated is a leading manufacturer and distributor of custom thermoform products, based in Elkhart, Indiana. Established in 1969 and formerly known as Vac-Masters, Inc., the company offers a diverse portfolio that includes specialty van interiors, tractor interiors, automotive interiors, thermoplastic kayaks, and communication products for both civilian and military applications. Medallion serves a variety of industries, including communications, defense, transportation, heavy trucking, marine, agriculture, and recreational vehicles, both domestically and internationally. The company emphasizes quality and customer commitment, maintaining strong relationships with clients of all sizes. Medallion Plastics operates as a subsidiary of Patrick Industries, Inc. since 2017.

KRA International

Acquisition in 2016
KRA International, located in Mishawaka, Indiana, specializes in the manufacturing of wire harnesses and associated assemblies. The company serves a diverse range of industries, including recreational vehicles, commercial vehicles, lawn care equipment, marine products, the defense sector, and the automotive aftermarket. By focusing on these markets, KRA International provides essential components that enhance the functionality and reliability of various vehicles and equipment.

Mishawaka Sheet Metal

Acquisition in 2016
Mishawaka Sheet Metal, LLC, established in 1991 and based in Elkhart, Indiana, specializes in the distribution and fabrication of aluminum, steel, and sheet metal products. The company offers a wide range of products, including mirrored stainless steel items, mill finished and painted aluminum coils, aluminum tread plates, storage boxes, and various fabricated components. It serves diverse industries, particularly manufacturers of recreational vehicles, cargo trailers, marine applications, and commercial vehicles. Mishawaka Sheet Metal provides comprehensive fabrication services, including slitting, assembly, roll forming, welding, punching, and plasma cutting. With more than 20 years of experience, the company is committed to quality and customer satisfaction, maintaining inventory levels of common gauges and alloys while offering custom stocking programs to meet specific client needs. As of June 2016, Mishawaka Sheet Metal operates as a subsidiary of Patrick Industries Inc.

Parkland Plastics

Acquisition in 2016
Parkland Plastics, Inc. is a manufacturer based in Middlebury, Indiana, specializing in recycled polymer-based architectural panels and related products. The company designs and develops a variety of items, including laminated and waterproof architectural panels, ceiling tiles, protective moldings, and adhesives. Its offerings cater to sectors such as architecture, agriculture, transportation, and the recreational vehicle industry, allowing clients to meet their budgetary, performance, and aesthetic needs. Parkland Plastics distributes its products through home depots and retail stores across the United States. Originally known as CLC & Associates Inc., the company changed its name to Parkland Plastics, Inc. in December 1987 and operates as a subsidiary of Patrick Industries Inc.

Structural Composites of Indiana

Acquisition in 2015
Structural Composites of Indiana, Inc. is a fiberglass manufacturing company based in Ligonier, Indiana, specializing in the design, development, and production of custom fiberglass products. Established in 1999, the company serves a diverse range of industries, including marine, industrial, recreational, transportation, agricultural, military, and rail. Its offerings encompass a variety of products such as large front and rear caps, roofs, and specialty components for the recreational vehicle market, as well as fiberglass hoods, fenders, and enclosures for transportation. Additionally, Structural Composites produces items like feeders, tanks, and exhaust housings for agricultural applications, along with wastewater treatment equipment and protective shipping containers for military use. The company also provides custom fabrication services, including computer-aided design and prototype mold fabrication, ensuring a comprehensive approach to meeting customer needs.

Better Way Partners

Acquisition in 2015
Better Way Partners, LLC, operating as Better Way Products, Inc., specializes in manufacturing lightweight fiberglass and composite resin materials in the United States. The company serves various industries, including recreational vehicles, marine applications, and transit vehicles, by providing a diverse range of products such as storage boxes, OEM parts, and components like gas shocks, trays, hooks, and shelves. Established in 2000 and headquartered in New Paris, Indiana, Better Way Partners has developed a reputation for high-quality production tailored to the needs of its clients. As of 2015, it functions as a subsidiary of Patrick Industries Inc.

Foremost Fabricators

Acquisition in 2014
Foremost Fabricators is a manufacturer and distributor based in Goshen, Indiana, specializing in fabricated aluminum products and fiber reinforced polyester materials. The company primarily serves the recreational vehicle market, offering a range of products including roll-formed aluminum, embossed sheets, and steel sheets. Foremost Fabricators also provides custom lamination services, allowing for tailored solutions to meet specific client needs.

Precision Painting

Acquisition in 2014
Precision Painting, based in Bremen, Indiana, specializes in comprehensive painting and interior renovation services. Originally focused on exterior paint renovation, the company expanded its offerings with the launch of Precision Interiors in 2008, creating a unified service platform for clients. Precision Painting provides a range of services including X-bracing frame reinforcement, custom color application, and the preparation of surfaces through silicone stripping prior to painting. Additionally, the company addresses the needs of clients by replacing broken vents and shrouds, as well as stripping old graphics. With a commitment to streamlined painting processes and consistent finishes, Precision Painting and Precision Interiors together deliver a complete solution for both exterior and interior renovation projects.

Premier Concepts

Acquisition in 2013
Premier Concepts, Inc. specializes in the design, fabrication, and sale of granite and solid surface countertops tailored for residential, recreational vehicle (RV), and marine markets. The company offers a variety of materials, including quartz options such as Zodiaq, Corian, Staron, Hanstone, and LG HiMacs, along with granite, sinks, and faucets. With a manufacturing facility spanning 40,000 square feet in Warsaw, Indiana, Premier Concepts serves both individual consumers and the broader housing industry, ensuring a range of high-quality countertop solutions.
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