Originally Posted by Tone
Yikes. That is scary.
It would be scary if a hedge fund or similar investment outfit bought them and carved them up. Thor is a large operating entity in the industry and will want the line to remain competitive to generate revenue (return on shareholder investment).
Having been through a few corporate mergers over the years, I would say that the recent apparent increase in quality issues at Jayco "may" have been directly related to the sale. Many companies that want to find a buyer concentrate heavily on the bottom line to make the company value look good and maximize price. Once the sale is made, quality often returns to normal.
Thor has some innovative ways of incenting employees for reducing defects; this plan might play very well at Jayco (employee bonuses are negatively affected by defect rates).
Over time some model lines across Thor will probably come and go and merge. We saw this kind of rationalization within Jayco over time (common StarCraft/Jayco models, changes to the Feather/Ultralight lines, etc); that will no doubt continue under Thor. I'm not gonna lose sleep over it. And if it does become an issue, I'll just buy my next trailer from Warren Buffet, or find a decent independent (the "other" 17%).