SECURITIES AND EXCHANGE COMMISSION

                              Washington, DC 20549

                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934
                                (Amendment No. 3)



                              Drew Industries Inc.
                             -----------------------
                                (Name of Issuer)

                             Common Stock, $0.01 Par
                             -----------------------
                         (Title of Class of Securities)


                                    26168L205
                             -----------------------
                                 (CUSIP Number)

Check the following box if a fee is being paid with this statement[_]. (A fee is
not required only if the filing person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)



---------------------                                      ---------------------
CUSIP No. 26168L205                  13G                     Page 2 of 6 Pages
---------------------                                      ---------------------

--------------------------------------------------------------------------------
          Name of Reporting Person
  1       S.S. or I.R.S. Identification No. of above person

            Northern Trust Corporation                  36-2723087
            The Northern Trust Company                  36-1561860
            Northern Trust Bank of Florida, NA          36-3190871
            Northern Trust Investments, Inc.            36-3608252
            Northern Trust Bank of Texas,  NA           75-1999849

--------------------------------------------------------------------------------
          Check the appropriate box if a member of a group
  2                                                            (a) [_]
                   Not Applicable                              (b) [_]
--------------------------------------------------------------------------------
          S.E.C. use only
  3

--------------------------------------------------------------------------------
          Citizenship or place of organization
  4
          Northern Trust Corporation--a Delaware corporation with principal
          offices in Chicago, Illinois
--------------------------------------------------------------------------------

                                   Sole Voting Power
                            5
       Number of                              801,070
                            ----------------------------------------------------
         shares                    Shared Voting Power
      beneficially          6
        owned by                               35,410
                            ----------------------------------------------------
          each                     Sole Dispositive Power
       reporting            7
         person                               830,280
                            ----------------------------------------------------
          with                     Shared Dispositive Power
                            8
                                                    0
--------------------------------------------------------------------------------
          Aggregate amount beneficially owned by each reporting person
  9
                   836,580
--------------------------------------------------------------------------------
          Check box if the aggregate amount in Row (9) excludes certain shares.
10
                   Not Applicable
--------------------------------------------------------------------------------
          Percent of class represented by amount in Row 9
11
                   8.48
--------------------------------------------------------------------------------
          Type of reporting person
12
                   Northern Trust Corporation  HC
--------------------------------------------------------------------------------



                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

             SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934

Check the following box if a fee is being paid with statement [_].

1.   (a)  Drew Industries Incorporated
          ----------------------------
          (Name of Issuer)

     (b)  200 Mamaronek Avenue, White Plains, NY  10601  USA
          ----------------------------------------------------
          (Address of Issuer's Principal Executive Office)

2.   (a)  Northern Trust Corporation
          --------------------------
          (Name of Person Filing)

     (b)  50 South LaSalle Street, Chicago, Illinois 60675
          ------------------------------------------------
          (Address of Person Filing)

     (c)  U.S. (Delaware Corporation)
          ---------------------------
          (Citizenship)

     (d)  Common Stock, $0.01 Par
          -----------------------
          (Title of Class of Securities)

     (e)  26168L205
          ---------
          (CUSIP Number)

3.   This statement is being filed by Northern Trust Corporation as a Parent
     Holding Company in accordance with S240.13d-1(b) (1) (ii) (G).

4.   (a)  836,580
          -------
          (Amount Beneficially Owned)

     (b)  8.48
          -----
          (Percent of Class)

     (c)  Number of shares as to which such person has:

          (i)                   801,070
                                -------
                 (Sole Power to Vote or to Direct the Vote)

          (ii)                   35,410
                                -------
                 (Shared Power to Vote or to Direct the Vote)

          (iii)                 830,280
                                -------
                 (Sole Power to Dispose or Direct Disposition)

          (iv)                        0
                                 ------
                 (Shared Power to Dispose or Direct Disposition)



5.   If this statement is being filed to report the fact that as of the date
     hereof the reporting person has ceased to be the beneficial owner of more
     than 5 percent of the class of securities, check the following: [_]

6.   Statement regarding ownership of 5 percent or more on behalf of another
     person:





7.   Parent Holding Company reporting on behalf of the following subsidiaries,
     all of which are banks as defined in Section 3(a) (6) of the Act:

     The Northern Trust Company
     50 South LaSalle Street
     Chicago, IL  60675

     Northern Trust Bank of Florida N.A.
     700 Brickell Avenue
     Miami, FL  33131

     Northern Trust Bank of Texas N.A.     Northern Trust Investments, Inc.
     2020 Ross Avenue                               50 South LaSalle Street
     Dallas, TX  75201                              Chicago, IL  60675


8.   Identification and Classification of Members of the Group.

                                 Not Applicable.

9.   Notice of Dissolution of Group.

                                 Not Applicable.

10.  By signing below I certify that, to the best of my knowledge and belief,
     the securities referred to above were acquired in the ordinary course of
     business and were not acquired for the purpose of and do not have the
     effect of changing or influencing the control of the issuer of such
     securities and were not acquired in connection with or as a participant in
     any transaction having such purpose or effect.



     After reasonable inquiry and to the best of my knowledge and belief, I
     certify that the information set forth in this statement is true, complete
     and correct.

                                                   NORTHERN TRUST CORPORATION


                                                   By:  Perry R. Pero
                                                        -------------

                                                        ------------------------

DATED:  01-08-2003                                 As its:  Vice Chairman
        ----------                                          -------------



                             EXHIBIT TO SCHEDULE 13G
                       FILED BY NORTHERN TRUST CORPORATION

Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC  20549-1004
Attention: Filing Desk, Stop 1-4

                        RE: Drew Industries Incorporated
                            ----------------------------

     Pursuant to the requirement of 240.13d-1(k) (1) (iii), this exhibit shall
constitute our written agreement that the Schedule 13G to which this exhibit is
attached is filed on behalf of Northern Trust Corporation and of its
subsidiary(ies), as stated below, regarding our respective beneficial ownership
in the above-captioned equity security.

                                                 NORTHERN TRUST CORPORATION


                                                 By:  Perry R. Pero
                                                      -------------

                                                      -------------------------

DATED:  01-08-2003                               As its:  Vice Chairman
        ----------                                        -------------

The NORTHERN TRUST COMPANY

----------------------------------------
By: Perry R. Pero
    -------------
As its Vice Chairman
       -------------

NORTHERN TRUST BANK OF FLORIDA, NA
NORTHERN TRUST BANK OF TEXAS, NA


--------------------------
By: Kelley R. Welsh
    ---------------
As its Authorized Representative
       -------------------------

NORTHERN TRUST INVESTMENTS, INC.


--------------------------
By:  Orie L. Dudley
     --------------
As its Director
       --------