Thor Industries, Inc. (NYSE: THO) today announced that, through a wholly-owned subsidiary, it has acquired the net assets of specialty trailer manufacturer Bison Coach from an operating unit of Navistar , Inc. Forward Looking Statements You can unsubscribe at any time. It makes a variety of fold-down camping trailers, fifth wheels, motorhomes, toy haulers, and other travel trailers with brands like Starcraft RV, Highland Ridge and Entegra Coach. The 2020 THOR North American RV Consumer Survey Report can be downloaded here. Travel trailers are the most popular type of non-motorized RV. Krystal was acquired through Thor's ElDorado National subsidiary and operations were moved to the Salina, Kansas facility. Airstream is manufacturer of travel trailers and motor homes, known for its distinctive all-aluminum models. It was sold to Beatrice Foods in 1967. Stay Anywhere. The Erwin Hymer Group is a 100-percent subsidiary of Thor Industries, the world's leading manufacturer of recreational vehicles with more than 25,000 employees worldwide. [18] In 2003, it added Damon Motor Coach of Elkhart, Indiana which it purchased for $46 million in cash. Supplier Code of Conduct (Applicable to Thor companies based in the U.S.) Thor Industries, Inc. (including its subsidiaries and affiliates based in the United States, “Thor”, “we” or “our”) is committed to conducting our business accordance with the highest ethical standards. THOR Industries, Inc. | 8,897 followers on LinkedIn. The company sells towable and motorized RVs through its subsidiaries brands including Airstream, Heartland RV, Jayco, Livin Lite RV, and others. In addition, Thor's management team will be available for calls with investors, if you would like to schedule a call, please e-mail us at investors@thorindustries.com. [29] In May 2013, Thor sold its ambulance subsidiary, SJC Industries, to Wheeled Coach Industries. Small, streamlined and ready to roll. [11] Dutchmen manufactures brands like the Aerolite, Coleman, Denali, Kodiak, Aspen Trail, and others. Jayco, based in Middlebury, Indiana, had been the largest privately owned RV maker in the world prior to the sale. [4] Airstream had not fared well during the economic downturn of the late 1970s, losing $12 million the year before it was acquired. We’ve got you covered. See insights on THOR Industries including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. 6 months ago. [23] In April of that year, the company sold its Canadian General Coach subsidiary to management. [25] The company also consolidated Damon Motor Coach and Four Winds International to create Thor Motor Coach that year. For more information on the Company and its products, please go to www.thorindustries.com . THOR Industries is the sole owner of operating subsidiaries that represent the world's largest RVs manufacturer. It was founded by Wally Byam in the 1930s and has had manufacturing facilities in Jackson Center, Ohio since the 1950s. We also expect our employees to act ethically, and in compliance with all applicable laws, at all times. The Erwin Hymer Group unites motorhome and caravan manufacturers as well as motorhome and caravan accessory specialists, hire and financing services under one roof. Jayco brings a complete lineup of innovative products into the Thor family, across all product categories. [2], Thor Industries, Inc. was founded on August 29, 1980,[3] when Wade F. B. Thompson and Peter Busch Orthwein acquired Airstream from Beatrice Foods. Learn the basics of buying and driving RVs before you purchase. [18], Thor Motor Coach, a motor home manufacturer in Elkhart, Indiana, was created in 2010 through a consolidation of Four Winds International and Damon Motor Coach. In 1980, it became the foundation of Thor Industries after it was acquired by Wade Thompson and Peter Busch Orthwein. [39] In September 2018, it was announced that Thor had agreed to purchase Hymer, a German manufacturer of RVs, in a deal worth $2.45 billion in the largest acquisition in the company's history. Thor Industries Inc is an American manufacturer of recreational vehicles through its subsidiaries. THOR Industries is the sole owner of operating subsidiaries that, combined, represent the world’s largest manufacturer of RVs. [26] Four Winds was first acquired by Thor in 1992[12] and Damon was acquired in 2003. Thor Industries announced its North American operating companies reopened their assembly operations today, May 4. The regular cash dividend is payable on January 18, 2021, to shareholders of record at the close of business on January 4, 2021. It was founded by Wally Byam in the 1930s and has had manufacturing facilities in Jackson Center, Ohio since the 1950s. In 1980, THOR Industries embarked on a journey to connect people with nature, and families with each other. THOR Industries has 22,250 employees across 2 locations and $8.17 B in annual revenue in FY 2020. [33], Thor acquired of K-Z Inc., a manufacturer of primarily travel trailers based in Shipshewana, Indiana, in 2014. Today, THOR Industries, Inc . The company reports through three segments: North American towable recreational vehicles, North American motorized recreational vehicles, and European recreational vehicles. Thor Industries. Hymer is the largest RV manufacturer in Europe. Airstream sells numerous models including the Flying Cloud, Classic, Nest, International Signature, and Basecamp. Thompson and Peter B. Orthwein acquired Airstream, the most recognized name in the industry. It operates in three segments: North American Towable Recreational Vehicles, North American Motorized Recreational Vehicles, and European Recreational Vehicles. For more information on the Company and its products, please go to www.thorindustries.com . Jayco brings a complete lineup of innovative products into the Thor family, across all product categories. Thor Industries, Inc. is an American manufacturer of recreational vehicles. Thor Industries Inc. was founded on August 29, 1980 when Wade F.B. Our Radiance Travel Trailer line-up truly blends luxury looks and features at an affordable price point which you can see here in the virtual tour of one of our newest floor plans - the Radiance R-26KB. About Thor Industries, Inc. Thor is the sole owner of operating subsidiaries that, combined, represent the world's largest manufacturer of recreational vehicles. Jayco, Inc., a subsidiary of Thor Industries, is an American manufacturer of recreation vehicles.The company manufactures fold-down (also called "pop-up") camping trailers, conventional travel trailers, toy haulers, fifth-wheel travel trailers, and motorhomes (Class A and C). Thor Industries General Information Description. If you experience any issues with … It was founded in 1996 by Cole Davis and was listed at number 2 on the Inc. 500 list of the fastest growing companies in 2000. For more information on the Company and its products, please go to www.thorindustries.com . We also expect our employees to act ethically, and in compliance with all applicable laws, at all times. [27][28] In the spring of 2013, Thor moved its headquarters from Jackson Center, Ohio to Elkhart, Indiana. THOR Industries has 22,250 employees across 2 locations and $8.17 B in annual revenue in FY 2020. Along with our subsidiaries and affiliates, THOR Industries is committed to conducting business according to the highest ethical standards. [31], In June 2013, Thor purchased the production site in Wakarusa, Indiana that formerly housed the manufacturing operations of Navistar International. Es tut uns leid, Sie haben kein ausreichendes Guthaben, um dieses Organigramm anzusehen. By submitting the form, you consent to be contacted by a Thor Motor Coach representative. We also expect our employees to act ethically, and in compliance with all applicable laws, at all times. Together, the THOR Industries' family of RV companies makes up one of the world’s largest RV manufacturers. Thor Industries hat 36 Führungskräfte und 2 Tochterunternehmen . Built with the same framing and construction as commercial trucks and buses, Class A motorhomes are some of the largest vehicles on the road. • Jayco is a $1.5 billion (calendar year 2015 revenue) manufacturer and marketer of recreational vehicles [38], 1980–1987: Foundation, acquisition of Airstream, going public, 1988–2012: Expansion into bus market, further RV acquisitions, 2005–2012: Acquisition of more RV brands, sale of bus division, 2013–present: Acquisitions of Jayco and Hymer, "Wade F. B. Thompson, Who Rebuilt Airstream Brand, Dies at 69", "Wade Thompson, co-founder of Thor Industries, loses battle with cancer", "Thor Industries lands $200M pact, its largest ever", "Salina stocks gained 11 percent during 1992", "RV expansion expected in Dutchmen-Thor deal", "Thor Industries buys another area RV maker", "RV maker Thor Industries moving headquarters to Indiana", "Thor refocusing its efforts in RV business", "Thor's Heartland acquires Cruiser RV, DRV", "Thor acquires Jayco in $576 million deal", "Thor acquires German RV company for $2.45B", "THOR Industries Acquires Tiffin Motor Homes And Related Companies For $300 Mln", "Experiencing Autocamp: An Airstream Experience For Anti-Campers", "Thor Industries Buys RV Maker Heartland", "Airstream Parent Bets $2.5 Billion on RV Growth in Europe, China", "Dutchmen RV buys EverGreen RV's Lifestyles plant", Wade F. B. Thompson, Who Rebuilt Airstream Brand, Dies at 69, https://en.wikipedia.org/w/index.php?title=Thor_Industries&oldid=995866033, Companies listed on the New York Stock Exchange, Vehicle manufacturing companies established in 1980, Companies based in Elkhart County, Indiana, Creative Commons Attribution-ShareAlike License, This page was last edited on 23 December 2020, at 08:25. THOR Industries, Inc. was founded in 1980 and is the sole owner of operating subsidiaries (collectively, the “Company” or "THOR"), that, combined, represent the … [39], Keystone RV is a Goshen, Indiana-based RV manufacturer. [6], In 1982, Thor acquired the Canada-based General Coach, a manufacturer of travel trailers and motorhomes. [14] In 1996, the company established Thor California, an RV manufacturer based in its namesake state[15] with models like the Tahoe and Wanderer. The purchase price, which will be paid in cash, is approximately $16.7 million , subject to post-closing adjustments. Article reprinted below, from RV Business - link Martin: ‘Today is a Huge Day’ for Thor Industries Elkhart Ind.-headquartered Thor Industries Inc. announced today (May 4) that its North American operating companies have reopened their assembly operations. [30] Later that year, Thor would sell its entire fleet of bus brands (Champion, ElDorado National, Federal Coach, Krystal Infinity, Goshen Coach, and General Coach America) to Allied Specialty Vehicles for $100 million. [36] In January 2015, Thor's Heartland subsidiary acquired the RV company, Cruiser RV, and the luxury fifth wheel manufacturer, DRV. which was [6] In 1986, it was listed among Forbes' "200 best small companies in America". The company reports through three segments: North American towable recreational vehicles, North American motorized recreational vehicles, and European recreational vehicles. It was founded in 2003 by Brian Brady and was acquired by Thor in 2010. Thor: Love and Thunder is an upcoming Marvel film in the Marvel Cinematic Universe. [9] Thor merged the two bus divisions to create ElDorado National. In addition, Thor's management team will be available for calls with investors, if you would like to schedule a call, please e-mail us at investors@thorindustries.com. Cruiser RV - Thor Industries Subsidiary, Howe, Indiana. This includes acting with integrity and fairness in both our employment and business relationships. For more information on the Company and … [40] The sale was officially finalized in February 2019. The transaction is a positive, strategic fit for both companies. [12] By 1994, Thor Industries was the second-largest manufacturer of RVs in North America. [19], Thor also operates several other RV manufacturers, including K-Z,[36] Crossroads RV,[20] and the latter's subsidiary, Redwood RV. See insights on THOR Industries including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. [26], In late 2012, Thor purchased two bus companies: California-based Krystal Infinity and Ohio-based luxury bus maker, Federal Coach. “Today is a huge day for us. As a result of the deal, Thor Industries became the largest RV manufacturer in the world. [7], In 1988, Thor acquired the small bus manufacturing division of the Kansas-based ElDorado Motor Corp.[8] It would later acquire the California-based bus manufacturer, National Coach, in 1991. [48] It was acquired by Thor in 2001 and manufactures luxury travel trailers and fifth wheel brands including Cougar, Montana, Laredo, Passport, and Sprinter. For … Many people think of toy haulers as the wild-child of the RV world, but these RVs have multi-purpose utlitity for every adventurer. The transaction is a positive, strategic fit for both companies. Thor Industries Inc is an American manufacturer of recreational vehicles through its subsidiaries. "We are pleased to welcome Bison Coach to the Thor team. Thor Industries General Information Description. [37] In May of that year, Thor purchased Postle Aluminum, a provider of aluminum components that were already in frequent use by Thor and its subsidiaries. About THOR Industries, Inc. THOR is the sole owner of operating subsidiaries that, combined, represent the world's largest manufacturer of recreational vehicles. The deal was one of the largest in the history of the company and gave Thor a 25% market share in travel trailers and fifth wheels. I agree to receive news and promotional emails about Thor Motor Coach products and services. Thor Industries, Inc. About THOR Industries, Inc. THOR is the sole owner of operating subsidiaries that, combined, represent the world's largest manufacturer of recreational vehicles. It was founded in 1923 by Erwin Hymer, but did not create its first caravan (travel trailer) until 1957. [24] Later in 2010, Thor acquired Heartland RV, another Elkhart-based maker of fifth wheels and lightweight RVs. [5] Thor restructured Airstream and returned Airstream to profitability within one year. [32] It later acquired the former Monaco Coach facility in Wakarusa and combined the two to create the Wakarusa Production Campus. [34] It also acquired the assets of Livin Lite RV's in 2013,[35] as well as Bison Coach, a manufacturer of horse trailers that have RV-style living quarters. Today, Thor is the sole owner of operating subsidiaries that, combined, represent the world’s largest manufacturer of RVs. [13] In 1995, Thor acquired two RV makers: Skamper (an Indiana-based manufacturer of folding travel trailers) and Komfort (an Oregon-based travel trailer company). [17] The company finalized a $145-million deal in 2001 to acquire Keystone RV, an Elkhart, Indiana-based manufacturer of travel trailers and fifth wheels. It was acquired by Thor Industries in 1991. The organizational chart of Thor Industries displays its 36 main executives including Robert Martin, Colleen Zuhl, Renee Jones and Paul Martin × We use cookies to provide a better service. THOR Industries, Inc. was founded in 1980 and is the sole owner of operating subsidiaries (collectively, the “Company” or "THOR"), that, combined, represent the world's largest manufacturer of recreational vehicles (“RVs”). Thor Industries went public in 1984, and since that time, Thor has grown both organically and through strategic acquisitions. Thor Industries ranks 886 of 4294 in Dealers category. AKA lots of room to stretch out and get comfortable. About THOR Industries, Inc. THOR is the sole owner of operating subsidiaries that, combined, represent the world's largest manufacturer of recreational vehicles. This is particularly true for our client THOR Industries, one of the largest RV manufacturers in the world and parent company to 17 subsidiary RV brands. Thor Industries, Inc. acquired Jayco, effective June 30, 2016. Thor Industries, Inc. (including its subsidiaries and affiliates based in the United States, “Thor”, “we” or “our”) is committed to conducting our business accordance with the highest ethical standards. By continuing your navigation, you consent to their use. Read More The majority of Thor’s operating subsidiaries manufacture towable and motorized recreational vehicles. THOR Industries is the sole owner of operating subsidiaries that, combined, represent the world’s largest manufacturer of RVs. Together we can Go Everywhere; Stay Anywhere. Thor Industries, Inc. is an American manufacturer of recreational vehicles (RVs). THOR Industries Announces New Management Positions And Promotions Changes designed to maximize key strategic initiatives PR Newswire ELKHART, Ind., June 3, … About Thor Industries, Inc. Thor is the sole owner of operating subsidiaries that, combined, represent one of the world's largest manufacturers of recreational vehicles. [44], Heartland RV is an Elkhart, Indiana-based manufacturer of fifth wheels and travel trailers. About THOR Industries, Inc. THOR is the sole owner of operating subsidiaries that, combined, represent the world’s largest manufacturer of recreational vehicles. [7] The company went public in 1984 and joined the New York Stock Exchange under the stock ticker symbol "THO" in 1986. From the comforts of traditional camping to glamping to boondocking, we've compiled a list of sites to help you find your next RV campsite. 1 History 2 Subsidiaries 2.1 Former subsidiaries 3 References 4 External links to official websites Thor Industries, Inc.[1], was founded on August 29, 1980, when Wade F. B. Thompson and Peter B. Orthwein acquired Airstream. Despite its venerable image, Airstream had not fared well during the economic downturn of the late 1970s. Thor Industries, Inc. THO is the sole owner of operating subsidiaries … They can be towed by a variety of vehicles and are made for a variety of uses, from hauling to vacationing to full-time RVing. [20], In May 2005, Thor acquired Goshen Coach, a bus manufacturer from Indiana that had filed for Chapter 11 bankruptcy earlier in the month. Today, we continue that journey by leading a global family of companies that make it easier and more enjoyable for families of all types to create lasting outdoor memories. About THOR Industries, Inc. THOR is the sole owner of operating subsidiaries that, combined, represent the world's largest manufacturer of recreational vehicles. The company sells towable and motorized RVs through its subsidiaries brands including Airstream, Heartland RV, Jayco, Livin Lite RV, and others. Thor Industries, Inc. designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. [21] In November 2009, Wade Thompson stepped down as the company's CEO and was replaced by Peter Busch Orthwein. [5], In March 2010, Thor acquired SJC Industries, an Elkhart-based manufacturer of ambulances, for $20 million. [10], Thor also continued acquiring RV and travel trailer makers, including Indiana-based Dutchmen in 1991[11] and Four Winds International (also based in Indiana) in 1992. About THOR Industries, Inc. THOR is the sole owner of operating subsidiaries that, combined, represent the world's largest manufacturer of recreational vehicles. Thor purchased The Establishment “McPheters Machine Products” which was a manufacturer of Both Class A and C motorhomes. The name "Thor" combined the first two letters of each entrepreneur's name. The name "Thor" combined the first two letters of each entrepreneur's name. This includes acting with integrity and fairness in both our employment and business relationships. Most Thor subsidiary companies restart production this week - including Heartland RVs. THOR Industries, Inc. today announced the formation of Hymer USA, a new subsidiary focused on producing and marketing recreational vehicles using European manufacturing practices, automation and control standards – a first for North America’s RV industry. Federal was acquired through Thor's Champion subsidiary and operations were moved to the Imlay City, Michigan facility. SJC's brands of McCoy Miller, Marque, and Premiere were also included in the sale. About Thor Industries, Inc. Thor is the sole owner of operating subsidiaries that, combined, represent the world's largest manufacturer of recreational vehicles. Easy to hitch, easy to tow, and stable, fifth wheels offer plenty of comfort for the whole family. 1 History 2 Subsidiaries 2.1 Former subsidiaries 3 References 4 External links to official websites Thor Industries, Inc.[1], was founded on August 29, 1980, when Wade F. B. Thompson and Peter B. Orthwein acquired Airstream. It will be the fourth movie centered around Thor Odinson, the Marvel Comics character created by Stan Lee, Jack Kirby and Larry Lieber, in turn based on the Thor character from Norse Mythology. About Thor Industries, Inc. Thor is the sole owner of operating subsidiaries that, combined, represent the world's largest manufacturer of recreational vehicles. The company sells towable and motorized RVs through its subsidiaries brands including Airstream, Heartland RV, Jayco, Livin Lite RV, and others. Airstream; Erwin Hymer Group; Bitte Ihre Löschung bestätigen . Our Radiance Travel Trailer line-up truly blends luxury looks and features at an affordable price point which you can see here in the virtual tour of one of our newest floor plans - the Radiance R-26KB. Cruiser RV - Thor Industries Subsidiary December 26, 2020 at 1:00 PM Offering a variety of floor plans, from smaller couple’s coaches to ... bunkhouses that sleep up to 10, Shadow Cruiser has the Ultra-lite choices you’re looking for. Thor Industries Inc is an American manufacturer of recreational vehicles through its subsidiaries. But don’t let having so many choices overwhelm you; we’re here to help you sort through it all and figure out what you need and want. About Thor Industries, Inc. Thor is the sole owner of operating subsidiaries that, combined, represent one of the world's largest manufacturers of recreational vehicles. The open "garage" can serve as storage for toys, an extra bedroom or even an on-the-go office. In 1980, it became the foundation of Thor Industries after it was acquired by Wade Thompson and Peter Busch Orthwein. Thor Industries has an ex-dividend date set for for December 31, 2020. Class B motorhomes (also known as camper vans) offer luxurious living space best suited for small groups. 20K likes. It was acquired by Thor in 2019 as Thor's first acquisition outside of the United States. [43] Airstream sells numerous models including the Flying Cloud, Classic, Nest, International Signature, and Basecamp. Heartland produces a range of brands including the BigHorn line, Sundance and Cyclone models. About Thor Industries, Inc. Thor is the sole owner of operating subsidiaries that, combined, represent the world's largest manufacturer of recreational vehicles. It was founded in 1988 by Dave Hoefer, Glen M. Sylvester, and Larry Schrock and became the second-largest manufacturer of travel trailers and fifth wheels in the United States by 1990. Along with our subsidiaries and affiliates, THOR Industries is committed to conducting business according to the highest ethical standards. Go Everywhere. Thor Industries, Inc. is an American manufacturer of recreational vehicles. About Thor Industries, Inc. Thor is the sole owner of operating subsidiaries that, combined, represent the world's largest manufacturer of recreational vehicles. TYPES OF RVs We’ll help you figure out what kind of RV is right for you. Sisters Chanel and Brittany Tate hit the road to Northern Michigan to have an iconic first RV camping experience. Recognizable by their raised sleeping or storage areas which extend over the cab of the RV, Class C Motorhomes offer more living space than Class B Motorhomes but are smaller in size and can offer better gas mileage than Class A Motorcoaches. Damon's park trailer subsidiary brand, Breckenridge, was also included in the deal. Jayco's subsidiares (including Starcraft RV, Highland Ridge, and Entegra Coach) also came under the Thor umbrella. about thor industries THOR is the sole owner of operating subsidiaries that, combined, represent the world's largest manufacturer of RVs. We strive to act with integrity and fairness in both employment and business relationships. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the ‘unsubscribe’ section below. Have questions about the RV Life? [46], Dutchmen is a manufacturer of RVs based in Goshen, Indiana. About THOR Industries, Inc. THOR is the sole owner of operating subsidiaries that, combined, represent the world's largest manufacturer of recreational vehicles. | In 1980, Thor Industries embarked on a journey to connect people with nature, and families with each other. Thor Industries, Inc. (NYSE:THO) is a manufacturer of recreation vehicles. The name "Thor" combined the first two letters of each entrepreneur's name. Thor Industries, Inc. (NYSE:THO) is a manufacturer of recreation vehicles. Click to discover thousands of campsites. Hymer USA will be based in Bristol, IN, with initial product availability expected in the fourth quarter of calendar year 2020. The company's headquarters is in Elkhart, Indiana. For more information on the Company and its products, please go to www.thorindustries.com. [41], In December 2020, the company acquired the manufacturer of luxury recreational vehicles Tiffin Motorhomes for $400 Mln. [42], Airstream is manufacturer of travel trailers and motor homes, known for its distinctive all-aluminum models. [49] Thor Industries also owns Postle Aluminum, a manufacturer of aluminum components that are often used in Thor's RVs. When the Griffins first hit the road, they had a lot to learn about black water. [45], Hymer is a German manufacturer of RVs based in Bad Waldsee. [47], Jayco is an RV maker based in Middlebury, Indiana. Jayco, Inc., a subsidiary of Thor Industries, is an American manufacturer of recreation vehicles.The company manufactures fold-down (also called "pop-up") camping trailers, conventional travel trailers, toy haulers, fifth-wheel travel trailers, and motorhomes (Class A and C). Indiana, Idaho, and Premiere were also included in the sale was officially finalized in 2019. [ 5 ] Thompson and Peter Busch Orthwein the transaction is a manufacturer of recreational vehicles North. 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