Thor Industries
 |
|
| Public | |
| Traded as | : THO S&P 400 Component |
| Industry | Recreational vehicle (RV) |
| Founded | 1980 (through acquisition of Airstream) |
| Founder | Wade Thompson and Peter Orthwein |
| Headquarters | Elkhart, Indiana, United States |
|
Key people
|
Wade Thompson (co-founder and CEO) Peter Busch Orthwein (co-founder and chairman) |
| Revenue |
 $3.53 billion USD (2014) |
|
|
| $179 million USD (2014) | |
|
Number of employees
|
9400 |
| Subsidiaries | See subsidiaries below |
| Website | www |
Thor Industries, Inc. is an American manufacturer of recreational vehicles.
Thor Industries, Inc. was founded on August 29, 1980, when Wade F. B. Thompson and Peter Busch Orthwein acquired Airstream. The name "Thor" combined the first two letters of each entrepreneur's name. Despite its image, Airstream had not fared well during the economic downturn of the late-1970s. By focusing on improving quality while reducing costs, Airstream returned to profitability in its first year under the new Thor management.
In 1982, Thor purchased the Canadian company, General Coach, which manufactures travel trailers and motorhomes. Also part of this acquisition was Thor America, which manufactures Citation and Chateau travel trailers and fifth wheels.
In 1984, Thor became a public company and in 1986 was listed on the . That same year, Forbes magazine ranked Thor sixth out of the "200 best small companies in America."
In 1991, Thor acquired Dutchmen, a brand of fifth wheel and conventional travel trailers. Four Winds International, manufacturer of class A and C motorhomes, was acquired in 1992. Komfort, a maker of fifth-wheel and conventional travel trailers, and Skamper, a builder of folding camping trailers, became members of the Thor family in 1995.
1996 saw the start up of Thor California and the introduction of the Tahoe and Wanderer brands of trailers and fifth wheels. These products became instant hits among the recreational vehicle (RV) community and the fastest-growing brands on the market.
With the acquisition of Keystone RV in 2001, Damon RV in 2003, and CrossRoads RV in 2004, Thor Industries became the largest RV manufacturer.
In September 2010, Thor Industries' subsidiaries Damon Motor Coach and Four Winds International merged to form Thor Motor Coach. THOR Motor Coach has become the top retail selling motorhome manufacturer in North America. Thor Motor Coach produces several brands of Diesel Pushers, Class A, Class B Plus, Class C Motorhomes that are distributed in the Italy, United Kingdom, Australia, New Zealand, India, Japan, Canada, and the United States.
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Wikipedia