Patrick Industries, Inc. PATK

Company Overview

Patrick Industries, Inc. is a diversified manufacturer and distributor of component products and building materials serving primarily the recreational vehicle (RV), marine, powersports, manufactured housing (MH), and industrial markets. Founded in 1959 and headquartered in Elkhart, Indiana, the company supplies engineered components, design solutions, and value-added products used in the production of RVs, boats, manufactured homes, furniture, and industrial equipment. Patrick Industries operates through a combination of organic manufacturing operations and a long-running acquisition strategy that has expanded its product portfolio and end-market exposure.

The company’s primary revenue drivers include laminated and decorative products, furniture, electronics, countertops, cabinetry, flooring, marine systems, seating, and other component solutions sold to original equipment manufacturers (OEMs) and aftermarket channels. Its customer base includes major RV manufacturers, marine OEMs, and housing producers across North America. Patrick Industries has positioned itself as an integrated supplier with scale advantages, broad manufacturing capabilities, and a decentralized operating structure that allows acquired businesses to retain operational expertise while benefiting from centralized capital allocation and procurement support. The company evolved from a regional distributor of plywood and paneling products into a multi-industry component supplier through decades of acquisitions and expansion into adjacent outdoor leisure and industrial sectors.