Thor Industries

Thor Industries
legal form	Corporation
ISIN	US8851601018
founding	1980
Seat	Elkhart , United States
management	Robert Martin, CEO
Number of employees	21,750 (2019)
sales	$ 7.865 billion (2019)
Branch	RVs , caravans and recreational vehicles
Website	www.thorindustries.com

Heartland RV brand motorhome

Thor Industries is an American manufacturer of RVs . The company sells towable and motorized RVs through its subsidiaries including Airstream , Heartland RV , Jayco and others. The company's headquarters is located in Elkhart ( Indiana ). The company has manufacturing facilities in several states. In 2019 it was taken over by the German Erwin Hymer Group , which was its first foreign takeover.

history

Thor Industries was founded on August 29, 1980 when Wade FB Thompson and Peter Busch acquired Orthwein Airstream from Beatrice Foods . The name Thor combined the first two letters of the names of both entrepreneurs. The company went public in 1984 and has been listed on the New York Stock Exchange since 1986 under the ticker symbol THO . In 1988, Thor Industries acquired the minibus division of Kansas-based ElDorado Motor Corp. In 1991, the company acquired the California-based bus manufacturer National Coach. Thor Industries was the second largest RV manufacturer in North America by 1994 and has since made several other acquisitions of smaller RV and bus manufacturers. In 2013 the company sold all of its brands that produced buses. The company has also stopped producing ambulances since 2013.

In May 2015, Thor Industries acquired Postle Aluminum, a supplier of aluminum components already widely used by Thor Industries and its subsidiaries. In July 2016, Thor acquired Jayco for $ 576 million. Jayco, based in Middlebury, Indiana, was the largest privately owned RV manufacturer in the world before it was sold. Jayco's subsidiaries (including Starcraft RV, Highland Ridge and Entegra Coach) were also part of Thor Industries. In September 2018 it was announced that Thor Industries had agreed to purchase German RV manufacturer Hymer, the largest acquisition in the company's history with a volume of 2.1 billion euros. Hymer is the largest motorhome manufacturer in Europe. The deal made Thor Industries the largest RV manufacturer in the world. The sale was officially closed in February 2019.

subsidiary company

• Airstream
• Crossroads RV
• Heartland RV
• Erwin Hymer Group
  • Hymer
  • Bürstner
  • Dethleffs
  • Carado
  • Sunlight
  • Etrusco
  • Eriba
  • Niesmann + Bischoff
  • Laika
  • LMC
• Dutchmen
• Jayco
• Keystone RV
• concentration camp
• Postle aluminum
• Thor Motor Coach

Web links

Commons : Thor Industries, Inc.  - Collection of Images, Videos, and Audio Files

Individual evidence

1. ↑ Thor Industries Revenue 2006-2019 , accessed February 19, 2020
2. ↑ ^{a b} Thor takes over the ERWIN HYMER Group - but pays less - Memmingen / Unterallgäu - B4B Schwaben. Retrieved February 19, 2020 . 
3. ↑ The ZaneRay Group: History of Thor Industries. November 6, 2019, accessed on February 19, 2020 . 
4. ↑ 23 May 1994, 37 - Dayton Daily News at Newspapers.com. Retrieved February 19, 2020 . 
5. ↑ Ted Booker South Bend Tribune: Thor acquires Jayco in $ 576 million deal. Retrieved February 19, 2020 . 
6. ↑ Hymer: Thor Industries takes over the majority of caravan manufacturers. Retrieved February 19, 2020 . 
7. ↑ 19 Sep 2018, A9 - The South Bend Tribune at Newspapers.com. Retrieved February 19, 2020 .