What is the Recreational Vehicle Manufacturing industry?
The Recreational Vehicle Manufacturing industry is characterised by a low level of capital intensity. For every dollar paid as wages, an estimated $0.07 is spent on capital investment. Companies do not invest large amounts of funds in highly automated production lines as compared to other vehicle manufacturing industries. The industry instead spends on hiring high-skill labour to be more flexible with shorter run production lines. Given the low volume production in the industry, capital intensity is unlikely to increase over the next five years... purchase to read more