GEN-Y Hitch Reports 40% Year-Over-Year Sales Growth in 2024
The towing products company’s EXECUTIVE line grew even more…
GEN-Y Hitch is reporting 40% year-over-year (YOY) growth in overall sales for the 2024 fiscal year. The towing components manufacturer also saw its EXECUTIVE 5th Wheel line of towing products grow by more than 90%.
The EXECUTIVE line, launched as a high-end offering designed to meet the needs of RV enthusiasts, features advanced engineering and premium materials for smoother ride capability, officials noted in a press release.
“We are absolutely thrilled by the overwhelming demand and the loyal support of our customers, which have propelled our extraordinary growth,” said Carl Borkholder, founder and managing partner of GEN-Y Hitch. “Our remarkable 40% YOY increase in overall sales serves as a clear reflection of the deep trust and satisfaction our customers place in our premium-quality products. In addition, the astonishing growth of over 90% in our EXECUTIVE line underscores our impressive expansion in the high-performance RV towing market, a sector we are excited to be innovating within.”
The company’s key highlights in the report for 2024 include:
- 40% YOY growth in overall sales for the 2024 fiscal year
- Over 90% YOY growth in sales for the EXECUTIVE 5th Wheel products
- Release of seven new products
- Building expansion with a new powder-coating facility