Drew Industries Incorporated

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 24, 2004

DREW INDUSTRIES INCORPORATED

Delaware   0-13646   13-3250533
(State or other jurisdiction   (Commission File Number)   (I.R.S. Employer
of incorporation)       Identification No.)

200 Mamaroneck Avenue, White Plains, New York   10601
(Address of principal executive offices)   (Zip Code)
     
Registrant's telephone number, including area code:   (914) 428-9098

N/A    
(Former name or former address, if changed since last re port) 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

|_| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

|_| Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))

|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


 

Item 1.01 Entry into a Material Definitive Agreement

  On August 24, 2004, to meet the seasonally high cash flow needs of the Company and the continued sales growth, the Company’s line of credit was increased from $50 million to $55 million. The line of credit will automatically reduce to $50 million on October 30, 2004 and $45 million on November 30, 2004. The line of credit is provided by JPMorgan Chase and KeyBank National Association.

        Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

DREW INDUSTRIES INCORPORATED CORPORATION

(Registrant)


By:  /s/ Fredric M. Zinn
      ——————————————
      Fredric M. Zinn
      Executive Vice President and
      Chief Financial Officer

Dated: August 27, 2004

2