Patrick Industries, Inc. has completed its acquisition of Elkhart Composites, Inc., a THOR Industries-owned company based in Elkhart, Indiana. 

Elkhart Composites, known for its “Elkboard” brand, produces composite materials used in sidewalls and ceilings, offering lightweight and sustainable alternatives to wood products. These materials are supplied to THOR-branded companies and other external customers.

The acquisition strengthens Patrick Industries’ position in the composite materials sector, aligning with its broader strategy to expand offerings for RV and marine original equipment manufacturers (OEMs). 

Andy Nemeth, Chief Executive Officer of Patrick Industries, emphasized the strategic benefits of integrating Elkhart Composites into the company’s portfolio. 

“We are excited about the opportunity to further partner with Thor as we expand Patrick’s own high-quality composite panel solutions to our markets,” Nemeth said in a press release.

“Elkhart Composites’ products will join our growing portfolio of brands that supply composite materials, further aligning our commitment to excellence and serving our RV and Marine OEM customers at the highest level.”

For RV and marine manufacturers, the acquisition could signal an increase in material options that prioritize durability and sustainability. 

As composite materials gain traction as alternatives to traditional wood components, companies in the industry may benefit from improved supply chain stability and access to high-quality materials designed for long-term performance. 

This trend aligns with broader shifts toward lightweight and environmentally conscious design solutions in vehicle and vessel production.

Patrick Industries, a publicly traded company listed on NASDAQ under the ticker PATK, has built a diversified portfolio serving RV, marine, powersports, and housing markets. 

The company operates more than 85 brands and employs approximately 10,000 people across the U.S. THOR Industries, a global leader in RV manufacturing, continues to focus on innovation in the sector, including digital tools and sustainability initiatives.

The integration of Elkhart Composites into Patrick Industries’ operations may present opportunities for manufacturers seeking advanced composite materials while reinforcing industry partnerships that drive efficiency and innovation.