Thor Industries

Last updated
Thor Industries, Inc.
Company type Public
NYSE:  THO
S&P 400 Component
Industry Recreational vehicle (RV)
Founded1983
(through acquisition of Airstream)
FoundersWade Thompson
Peter Busch Orthwein
Headquarters
Elkhart, Indiana
,
United States
Key people
Peter Busch Orthwein(Chairman)
Bob Martin(CEO)
RevenueDecrease2.svg $11.121 billion USD (2023) [1]
Decrease2.svg $499.3 million USD (2023) [1]
Decrease2.svg $374.2 million USD (2023) [1]
Total assets Decrease2.svg $7.260 billion USD (2023) [1]
Total equity Increase2.svg $3.983 billion USD (2023) [1]
Number of employees
24,900 [1]  (2023)
Subsidiaries See subsidiaries below (52) [2]
Website www.thorindustries.com

Thor Industries, Inc. is an American manufacturer of recreational vehicles (RVs). The company sells towable and motorized RVs through its subsidiaries brands including Airstream, Heartland RV, Jayco, Livin Lite RV, and others. The company's headquarters is in Elkhart, Indiana. It has manufacturing facilities in Michigan, Ohio, Indiana, Idaho and Oregon. [3]

Contents

History

1980–1987: Foundation, acquisition of Airstream, going public

Thor Industries, Inc. was founded on August 29, 1980, [4] when Wade Thompson and Peter Busch Orthwein acquired Airstream from Beatrice Foods. The name "Thor" combined the first two letters of each entrepreneur's name. [5] Airstream had not fared well during the economic downturn of the late 1970s, losing $12 million the year before it was acquired. [6] Thompson and Orthwein had also previously acquired the Hi-Lo Trailer Company. [6] Thor restructured Airstream and returned Airstream to profitability within one year. [7]

In 1982, Thor acquired the Canada-based General Coach, a manufacturer of travel trailers and motorhomes. [8] The company went public in 1984 and joined the New York Stock Exchange under the stock ticker symbol "THO" in 1986. Thor purchased The Establishment “McPheters Machine Products” which was a manufacturer of Both Class A and C motorhomes. [7] In 1986, it was listed among Forbes ' "200 best small companies in America". [8]

1988–2004: Expansion into bus market, further RV acquisitions

In 1988, Thor acquired the small bus manufacturing division of the Kansas-based ElDorado Motor Corp. [9] It would later acquire the California-based bus manufacturer, National Coach, in 1991. [10] Thor merged the two bus divisions to create ElDorado National. [11]

Thor also continued acquiring RV and travel trailer makers, including Indiana-based Dutchmen in 1991 [12] and Four Winds International (also based in Indiana) in 1992. [13] By 1994, Thor Industries was the second-largest manufacturer of RVs in North America. [14] In 1995, Thor acquired two RV makers: Skamper (an Indiana-based manufacturer of folding travel trailers) and Komfort (an Oregon-based travel trailer company). [15] In 1996, the company established Thor California, an RV manufacturer based in its namesake state [16] with models like the Tahoe and Wanderer. [17]

Thor added to its roster of bus manufacturers by acquiring the Michigan-based Champion Bus for $11 million in 1998. [18] The company finalized a $145-million deal in 2001 to acquire Keystone RV, an Elkhart, Indiana-based manufacturer of travel trailers and fifth wheels. 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. [19] In 2003, it added Damon Motor Coach of Elkhart, Indiana which it purchased for $46 million in cash. Damon's park trailer subsidiary brand, Breckenridge, was also included in the deal. [20] The following year, Thor acquired Topeka, Indiana-based CrossRoads RV for $27 million. [21]

2005–2012: Acquisition of more RV brands, sale of bus division

In May 2005, Thor acquired Goshen Coach, a bus manufacturer from Indiana that had filed for Chapter 11 bankruptcy earlier in the month. [22] In November 2009, Wade Thompson stepped down as the company's CEO and was replaced by Peter Busch Orthwein. Orthwein had served as the company's treasurer and director since founding it. [23] Soon after the announcement, Thompson died due to complications of colon cancer. [6]

In March 2010, Thor acquired SJC Industries, an Elkhart-based manufacturer of ambulances, for $20 million. SJC's brands of McCoy Miller, Marque, and Premiere were also included in the sale. [24] In April of that year, the company sold its Canadian General Coach subsidiary to management. [25] Later in 2010, Thor acquired Heartland RV, another Elkhart-based maker of fifth wheels and lightweight RVs. [26] The company also consolidated Damon Motor Coach and Four Winds International to create Thor Motor Coach that year. [27]

In late 2012, Thor purchased two bus companies: California based Krystal Infinity and Ohio based luxury bus maker, Federal Coach. Krystal was acquired through Thor's ElDorado National subsidiary and operations were moved to the Salina, Kansas facility. Federal was acquired through Thor's Champion subsidiary and operations were moved to the Imlay City, Michigan facility. [28] [29] In the spring of 2013, Thor moved its headquarters from Jackson Center, Ohio to Elkhart, Indiana. [30] In May 2013, Thor sold its ambulance subsidiary, SJC Industries, to Wheeled Coach Industries. [31] 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. [32]

2013–present: Acquisitions of Jayco and Hymer

In June 2013, Thor purchased the production site in Wakarusa, Indiana that formerly housed the manufacturing operations of Navistar International. [33] It later acquired the former Monaco Coach facility in Wakarusa and combined the two to create the Wakarusa Production Campus. [34] In August 2013 then-COO Bob Martin took over as CEO of the company with Peter Orthwein moving to chairman. [35] It also acquired the assets of Livin Lite RV's in 2013, [36] as well as Bison Coach, a manufacturer of horse trailers that have RV-style living quarters. [34]

Thor acquired of K-Z Inc., a manufacturer of primarily travel trailers based in Shipshewana, Indiana, in 2014. [37] In January 2015, Thor's Heartland subsidiary acquired the RV company, Cruiser RV, and the luxury fifth wheel manufacturer, DRV. [38] 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. [39]

In July 2016, Thor acquired Jayco for $576 million. Jayco, based in Middlebury, Indiana, had been the largest privately owned RV maker in the world prior to the sale. Jayco's subsidiares (including Starcraft RV, Highland Ridge, and Entegra Coach) also came under the Thor umbrella. [40] 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. Hymer is the largest RV manufacturer in Europe. As a result of the deal, Thor Industries became the largest RV manufacturer in the world. [41] The sale was officially finalized in February 2019. [42]

In December 2020, the company acquired the manufacturer of luxury recreational vehicles Tiffin Motorhomes for $300 Mln. [43]

Subsidiaries

Photo of an Airstream trailer taken in 2018. Airstream Hulle Tag 3.jpg
Photo of an Airstream trailer taken in 2018.

Airstream

Airstream is manufacturer of travel trailers and motor homes, known for its distinctive all-aluminum models. It was founded by Wally Byam in the 1930s and has had manufacturing facilities in Jackson Center, Ohio since the 1950s. It was sold to Beatrice Foods in 1967. In 1980, it became the foundation of Thor Industries after it was acquired by Wade Thompson and Peter Busch Orthwein. [44] Airstream sells numerous models including the Flying Cloud, Bambi, Classic, Nest, International Signature, and Basecamp. [45]

Heartland RV

Sundance travel trailer manufactured by Heartland RV. HRV WC SD TT 2011Ext 02.jpg
Sundance travel trailer manufactured by Heartland RV.

Heartland RV is an Elkhart, Indiana-based manufacturer of fifth wheels and travel trailers. It was founded in 2003 by Brian Brady and was acquired by Thor in 2010. Heartland produces a range of brands including the BigHorn line, Sundance and Cyclone models. [46]

Hymer

Hymer is a German manufacturer of RVs based in Bad Waldsee. It was founded in 1923 by Erwin Hymer, but did not create its first caravan (travel trailer) until 1957. It was acquired by Thor in 2019 as Thor's first acquisition outside of the United States. [47]

Dutchmen

Dutchmen is a manufacturer of RVs based in Goshen, Indiana. 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. It was acquired by Thor Industries in 1991. [12] Dutchmen manufactures brands like the Aerolite, Coleman, Denali, Kodiak, Aspen Trail, and others. [48]

Jayco

Starcraft fold-down camping trailer, manufactured by Jayco, being pulled by a Toyota Land Cruiser Prado in 2017. Toyota Land Cruiser Prado + Jayco Starcraft, Bunda Cliffs, 2017 (01).jpg
Starcraft fold-down camping trailer, manufactured by Jayco, being pulled by a Toyota Land Cruiser Prado in 2017.

Jayco is an RV maker based in Middlebury, Indiana. It was founded in 1968 by Lloyd and Bertha Bontrager and was acquired by Thor in 2016. 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. [40]

Keystone RV

Keystone RV is a Goshen, Indiana-based RV manufacturer. 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. [49] It was acquired by Thor in 2001 and manufactures luxury travel trailers and fifth wheel brands including Cougar, Montana, Laredo, Passport, and Sprinter. [19]

Thor Motor Coach

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. [27] Four Winds was first acquired by Thor in 1992 [13] and Damon was acquired in 2003. [20]

Other

Thor also operates several other RV manufacturers, including K-Z, [37] Crossroads RV, [21] and the latter's subsidiary, Redwood RV. [50] Thor Industries also owns Postle Aluminum, a manufacturer of aluminum components that are often used in Thor's RVs. [39]

Related Research Articles

<span class="mw-page-title-main">Elkhart, Indiana</span> City in Indiana, United States

Elkhart is a city in Elkhart County, Indiana, United States. The city is located 15 miles (24 km) east of South Bend, Indiana. Elkhart has the larger population of the two principal cities of the Elkhart-Goshen Metropolitan Statistical Area, which in turn is part of the South Bend-Elkhart-Mishawaka Combined Statistical Area, in a region commonly known as Michiana. The population was 53,923 at the 2020 census. Despite the shared name and being the most populous city in the county, it is not the county seat of Elkhart County; that position is held by the city of Goshen, located about 10 miles (16 km) southeast of Elkhart.

<span class="mw-page-title-main">Recreational vehicle</span> Types of vehicles

A recreational vehicle, often abbreviated as RV, is a motor vehicle or trailer that includes living quarters designed for accommodation. Types of RVs include motorhomes, campervans, coaches, caravans, fifth-wheel trailers, popup campers, and truck campers.

<span class="mw-page-title-main">Michiana</span> Geographic region in Indiana and Michigan, United States

Michiana is a region in northern Indiana and southwestern Michigan centered on the city of South Bend, Indiana. The Chamber of Commerce of St. Joseph County, Indiana defines Michiana as St. Joseph County and "counties that contribute at least 500 inbound commuting workers to St. Joseph County daily." Those counties include Elkhart, La Porte, Marshall, St. Joseph, and Starke in Indiana, and Berrien and Cass in Michigan. As of the 2020 census, those seven counties had a population of 867,747.

<span class="mw-page-title-main">Forest River (company)</span> American manufacturer of recreational vehicles and trailers

Forest River Inc. is an American manufacturer of recreational vehicles, cargo trailers, utility trailers, pontoon boats, and buses.

<span class="mw-page-title-main">Motorhome</span> Type of vehicle

A motorhome is a type of self-propelled recreational vehicle (RV) which is as the name suggests, like a home on wheels.

<span class="mw-page-title-main">NFI Group</span> Manufacturer of transit buses and motorcoaches based in Winnipeg, Canada

NFI Group Inc. is a Canadian multinational bus manufacturer, based in Winnipeg, Canada. The company employs 8,000 people across 50 facilities in nine countries. NFI Group owns Alexander Dennis, ARBOC Specialty Vehicles, Motor Coach Industries, New Flyer, Plaxton, NFI Parts, and Carfair Composites. The company is listed on the Toronto Stock Exchange under the symbol NFI, and is a constituent of the S&P/TSX Composite Index.

<span class="mw-page-title-main">Airstream</span> American brand of caravan

Airstream is an American brand of travel trailer easily recognized by the distinctive shape of its rounded and polished aluminum coachwork. This body shape dates back to the 1930s and is based on the Bowlus Road Chief, an earlier model of the all-aluminum travel trailer.

<span class="mw-page-title-main">All American Group</span> Defunct American motor vehicle manufacturer

All American Group was an American company whose divisions produced pre-fabricated housing, recreational vehicles (RVs) and system-built homes. Based in Elkhart, Indiana, it was founded in 1964 as Coachmen Industries. It was listed on the New York Stock Exchange (NYSE) under the symbol COA until 2009, when it was delisted for failing to maintain continued NYSE listing standards.

<span class="mw-page-title-main">The Shyft Group</span> American automobile design company

The Shyft Group, Inc., formerly known as Spartan Motors, is an American automobile design company that designs, engineers and manufactures specialty chassis, specialty vehicles, truck bodies and aftermarket parts for the recreational vehicle (RV), government services, and delivery and service markets. The company started in 1975 as a direct result of the bankruptcy of Diamond Reo. It is currently headquartered in Novi, Michigan and has 3,000 employees.

Champion Bus is a bus manufacturer owned by Forest River of Elkhart, Indiana, United States. It was formerly owned by Thor Industries of Imlay City, Michigan, United States. ASV purchased it from Thor in August 2013. Champion acquired the Federal Coach bus marque from Forest River in 2013.

ElDorado is an American manufacturer of cutaway buses, owned by Forest River, with its headquarters and main factory in Salina, Kansas.

<span class="mw-page-title-main">Goshen Coach</span>

Goshen Coach was an American cutaway bus builder located in Salina, Kansas.

<span class="mw-page-title-main">Northern Indiana</span> Geographic and cultural region of Indiana, United States

Northern Indiana is a geographic and cultural region that generally comprises the northern third of the U.S. state of Indiana and borders the states of Illinois to the west, Michigan to the north, and Ohio to the east. Spanning the state's northernmost 26 counties, its main population centers include Northwest Indiana, Michiana, and the Fort Wayne metropolitan area.

Fleetwood RV is a producer of recreational vehicles (RVs). Founded in 1950, Fleetwood RV is part of REV Group. Rev's recreation division includes Fleetwood RV, American Coach, Monaco, Holiday Rambler, Renegade RV, Midwest Automotive Designs, and Lance Campers.

<span class="mw-page-title-main">Jayco</span> American RV manufacturer

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. Jayco is based in Middlebury, Indiana, and about three-quarters of its 3,200-person workforce is from the Amish and Mennonite communities of Indiana.

<span class="mw-page-title-main">Holiday Rambler</span> American manufacturer of recreational vehicles

Holiday Rambler Corporation is an American corporation which primarily manufactures recreational vehicles. It was founded in 1953. In 1961, Holiday Rambler's introduction of aluminum body framing ushered in a new era of lighter, stronger and more durable recreational vehicles (RVs). This aluminum frame (Alumaframe) became the standard for lighter and stronger RVs for 40 years. Holiday Rambler was also responsible for many firsts; built-in refrigerators, holding tanks and aerodynamic radiused corners. As Holiday Rambler moved into motorhomes, they were the first with tag axles and the kitchen slide-out revolutionized "interior engineering" in the field. Holiday Rambler was sold to Harley-Davidson in 1986 and later in 1996 to the Monaco Coach Corporation where its future, then under Navistar International Corp., was difficult in 2010 as it was for most motorhome manufacturers.

<span class="mw-page-title-main">Heartland Recreational Vehicles</span>

Heartland RVs is an American manufacturer of recreational vehicles located in Elkhart, Indiana. Founded by former Damon Corp. CEO Brian Brady in 2003, it was purchased and became a subsidiary of Thor Industries in 2010.

<span class="mw-page-title-main">REV Group</span> American vehicle manufacturer

REV Group, Inc. is an American manufacturer of ambulances, buses, commercial vehicle, firefighting vehicles, recreational vehicles and other specialty vehicles, as well as aftermarket parts and services. It provides vehicles and services for public fire departments and emergency services, as well as commercial infrastructure and leisure vehicles for consumers.

<span class="mw-page-title-main">RV/MH Hall of Fame</span>

The RV/MH Hall of Fame is a 100,000 sq. ft. museum in Elkhart, Indiana that features a variety of historical recreational vehicles from Airstream, Winnebago and other American makers. The foundation states that their primary goals are to "To create a display of historic RV/MH products in a museum for the education and enjoyment of the public."

<span class="mw-page-title-main">Livin Lite RV</span> American manufacturer of recreation vehicles

Livin Lite RV was an American manufacturer of recreation vehicles sold under the CampLite and QuickSilver brands. It was based in Shipshewana, Indiana. The company was most recently managed by KZ Inc., a subsidiary of Thor Industries. Livin Lite made truck campers, fold-down tent camping trailers, travel trailers, and toy haulers. They were known for their advanced lightweight aluminum construction techniques.

References

  1. 1 2 3 4 5 6 "Thor Industries Fiscal 2023 Annual Report" (PDF). Thor Industries. Retrieved 2021-02-07.
  2. ↑ Group, The ZaneRay (2022-06-07). "Thor Industries' Family of Companies". Thor Industries. Retrieved 2022-06-13.{{cite web}}: |last= has generic name (help)
  3. ↑ "Thor Basics, A Company Introduction" (Slide presentation). Thor Industries. Retrieved 2018-02-05.
  4. ↑ "Thor T@B come to Reliable Imports & RV". Springfield News-Leader . 2 October 2004. Retrieved 14 August 2019.
  5. ↑ Fahey, Jonathan (29 March 2004). "Lord of the Rigs". Forbes . Retrieved 14 August 2019.
  6. 1 2 3 Segal, David (18 November 2009). "Wade F. B. Thompson, Who Rebuilt Airstream Brand, Dies at 69". New York Times . Retrieved 14 August 2019.
  7. 1 2 Stephens, Caleb (13 November 2009). "Wade Thompson, co-founder of Thor Industries, loses battle with cancer". Dayton Business Journal . Retrieved 14 August 2019.
  8. 1 2 Roberson, Jason (3 April 2002). "Thor Industries lands $200M pact, its largest ever". Dayton Daily News . Retrieved 26 August 2019.
  9. ↑ "Thor plans to buy ElDorado division". Dayton Daily News. 11 August 1988. Retrieved 1 September 2019.
  10. ↑ "Company Briefs". New York Times . 2 November 1991. Retrieved 1 September 2019.
  11. ↑ Stolfus, Alan (10 January 1993). "Salina stocks gained 11 percent during 1992". Salina Journal . Retrieved 1 September 2019.
  12. 1 2 Kurowski, Jeff (25 May 1991). "RV expansion expected in Dutchmen-Thor deal". South Bend Tribune . Retrieved 27 August 2019.
  13. 1 2 "Thor completed Four Winds purchase". The South Bend Tribune. 3 June 1992. Retrieved 27 August 2019.
  14. ↑ Bohman, Jim (23 May 1994). "Airstream maker hits high road again". Dayton Daily News. Retrieved 7 September 2019.
  15. ↑ "Thor buys firm, expanding in West". The South Bend Tribune. 12 April 1995. Retrieved 7 September 2019.
  16. ↑ Whitehair, John (15 January 1996). "RV makers push for more sales in '96". The San Bernardino County Sun. Retrieved 7 September 2019.
  17. ↑ Grant, Tina (2001). International Directory of Company Histories. Vol. 39. St. James Press. p. 393. ISBN   978-1558624443.
  18. ↑ "Thor completes deal for bus company". The South Bend Tribune. 12 February 1998. Retrieved 7 September 2019.
  19. 1 2 Benman, Keith (1 November 2001). "Thor acquiring Keystone RV". The South Bend Tribune. Retrieved 7 September 2019.
  20. 1 2 McCall, Ashley (3 September 2003). "Pletcher leaves as Damon sold". The South Bend Tribune. Retrieved 7 September 2019.
  21. 1 2 "Thor Industries buys another area RV maker". The South Bend Tribune. 2 November 2004. Retrieved 7 September 2019.
  22. ↑ "Thor buys Goshen Coach". Dayton Daily News. 29 May 2005. Retrieved 8 October 2019.
  23. ↑ Tresslar, Tim (12 November 2019). "Thor exec steps aside". Dayton Daily News. Retrieved 8 October 2019.
  24. ↑ "Thor buys SJC". The South Bend Tribune. 4 March 2010. Retrieved 7 September 2019.
  25. ↑ "Thor sales rev ahead 64% in Q1". Dayton Business Journal. 5 May 2010. Retrieved 7 September 2019.
  26. ↑ "Thor acquires Heartland RV". The South Bend Tribune. 18 September 2010. Retrieved 7 September 2019.
  27. 1 2 Zagami, Bob (1 November 2010). "Thor Motor Coach Astoria". Family RVing Magazine. Retrieved 7 September 2019.
  28. ↑ Cogliano, Joe (5 October 2012). "Thor Industries buys Brea bus company". Dayton Business Journal. Retrieved 8 October 2019.
  29. ↑ Cogliano, Joe (21 December 2012). "Thor buys luxury bus operation". Dayton Business Journal. Retrieved 8 October 2019.
  30. ↑ Cogliano, Joe (9 January 2013). "RV maker Thor Industries moving headquarters to Indiana". Dayton Business Journal. Retrieved 8 October 2019.
  31. ↑ "Thor announces sale of subsidiary". The South Bend Tribune. 7 May 2013. Retrieved 8 October 2019.
  32. ↑ Brown, Maria (30 October 2013). "New owners at Champion". Tri-City Times. Retrieved 8 October 2019.
  33. ↑ Meenan, Jim (5 June 2013). "Thor buys Wakarusa site". The South Bend Tribune. Retrieved 8 October 2019.
  34. 1 2 Meenan, Jim (6 November 2013). "Thor refocusing its efforts in RV business". The South Bend Times. Retrieved 8 October 2019.
  35. ↑ "Martin appointed new CEO of Thor". The South Bend Tribune. 11 June 2013. Retrieved 8 October 2019.
  36. ↑ "Thor buys Livin' Lite". The South Bend Tribune. 28 August 2013. Retrieved 16 September 2019.
  37. 1 2 Meenan, Jim (17 April 2014). "Thor acquires RV manufacturer K-Z Inc". The South Bend Tribune. Retrieved 8 October 2019.
  38. ↑ Meenan, Jim (6 January 2015). "Thor's Heartland acquires Cruiser RV, DRV". The South Bend Tribune. Retrieved 8 October 2019.
  39. 1 2 Semmler, Ed (1 May 2015). "Thor acquires Postle Aluminum". The South Bend Tribune. Retrieved 8 October 2019.
  40. 1 2 Booker, Ted (2 July 2016). "Thor acquires Jayco in $576 million deal". South Bend Tribune. Retrieved 9 August 2019.
  41. ↑ "Thor acquires German RV company for $2.45B". The South Bend Tribune. 19 September 2018. Retrieved 16 September 2019.
  42. ↑ "Thor completes acquisition". The South Bend Tribune. 5 February 2019. Retrieved 16 September 2019.
  43. ↑ "THOR Industries Acquires Tiffin Motor Homes And Related Companies For $300 Mln". nasdaq.com. 2020-12-21. Retrieved 2020-12-21.
  44. ↑ "Highway History". Dayton Daily News. 26 June 1992. Retrieved 9 August 2019.
  45. ↑ Turkus, Brandon (23 May 2019). "Experiencing Autocamp: An Airstream Experience For Anti-Campers". Motor1. Retrieved 9 August 2019.
  46. ↑ "Thor Industries Buys RV Maker Heartland". The Wall Street Journal. 18 September 2010. Retrieved 9 August 2019.
  47. ↑ Henning, Eyk; Lippert, John (18 September 2018). "Airstream Parent Bets $2.5 Billion on RV Growth in Europe, China". Bloomberg News . Retrieved 9 August 2019.
  48. ↑ "Dutchmen RV buys EverGreen RV's Lifestyles plant". Goshen News . 22 June 2016. Retrieved 27 August 2019.
  49. ↑ "Keystone No. 2 in company growth". The South Bend Tribune. 12 October 2000. Retrieved 7 September 2019.
  50. ↑ Meenan, Jim (15 August 2012). "RV firm in 'growth mode'". The South Bend Tribune. Retrieved 8 October 2019.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.