GE CEO speaks to RV industry leaders in Elkhart

ELKHART — Jeffrey Immelt, CEO and chairman of General Electric (GE), toured a Thor Motor Coach (TMC) production facility in the morning and spoke to 80 RV executives Thursday afternoon, RV Business reported today.

“It’s great to see the industry doing as well as it’s doing right now,” Immelt said. “You had unemployment that was bad enough to bring a president here, and now pretty much anybody who wants a job can get a job. You have a situation that’s quite good for your business because the economy is getting better and gas prices are getting cheaper. If there’s anything that helps the recreational industry, it’s those two things.”

When asked when the next economic downturn could take place, he said, “There’s a lot of green lights at work right now. You see a very healthy consumer with relatively low interest rates still, so people who have a job feel like they’re wealthy.”

To read the full story in RV Business, click here.

Greg Gerber

Greg Gerber

A journalist who has covered the recreation vehicle industry since January 2000, Greg Gerber founded RV Daily Report on April Fool's Day in 2009. He also serves as the editor of the publication and website. As an Eagle Scout, he has enjoyed camping for decades and has visited every state except Hawaii. A DODO -- Dad of Daughters Only -- to three young women, he has two grandchildren as well. He currently splits his time between Wisconsin, Texas and Arizona. Greg can be reached at editor@rvdailyreport.com.

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