Market Leadership Progress Mfg. Inc. is recognized as the number one sway control hitch manufacturer in America, indicating a strong reputation and dominance in the RV towing hardware market, which presents opportunities to cross-sell related accessories and expand product lines.

Recent Acquisition The company was acquired by Dexter Axle Company in 2021, strengthening its backing by a global leader in trailer components. This may facilitate bundling of products and joint marketing efforts to reach a broader customer base.

Stable Revenue Range With annual revenue estimated between $25 million and $50 million, Progress Mfg. Inc. demonstrates consistent market presence, offering potential for sales growth through targeted outreach to existing and new RV dealer networks.

Industry Focus Specializing in integrated sway control and tow hardware, the company targets RV enthusiasts and dealers, providing a focused opportunity to develop industry-specific solutions and expand into related recreational vehicle markets.

Product Innovation The launch of the 16K Equal-i-zer Hitch and consistent top ranking suggest ongoing product development and customer loyalty, facilitating upselling opportunities for upgraded or complementary towing solutions to high-end RV users.