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Old 07-01-2016, 11:04 AM   #21
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Thor and Jayco Game changer

Opinion: Thor/Jayco Deal’s a Big Game Changer | RV Business

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Old 07-01-2016, 11:20 AM   #22
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Jayco Sold to Thor


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Old 07-01-2016, 11:21 AM   #23
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What a surprise to hear the news. I hope it turns out to be a good thing.
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Old 07-01-2016, 12:28 PM   #24
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Thumbs down Jayco bought out!

Thor acquires Jayco in $576 million deal | Business | southbendtribune.com
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Old 07-01-2016, 12:42 PM   #25
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Jayco should have pursued becoming an ESOP company. Once the employees own it and start seeing their everyday decisions effect the stock price, the sky's the limit.

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Old 07-01-2016, 12:42 PM   #26
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Thor Industries to Buy Jayco for $576 Million - WSJ

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NEWSPAPER - Thor to buy Jayco.jpg  
2013 Jayco Eagle 284BHS
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Old 07-01-2016, 01:07 PM   #27
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WOW! Good... Bad... Otherwise???
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Old 07-01-2016, 01:07 PM   #28
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Wow, wonder what this will bring on. Don't they own Airstream as well?
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Old 07-01-2016, 01:12 PM   #29
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You are a little late to the news.


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Old 07-01-2016, 01:18 PM   #30
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Anyone read this article?

Just a bit of info...

Thor acquires Jayco in $576 million deal
South Bend Tribune Updated 2 hrs ago (0)
Thor acquires Jayco
Buy Now
Santiago Flores
Workers assemble recreation vehicles at a Thor Industries plant in Elkhart in this file photo. The company announced today it has purchased Jayco Corp.
ELKHART Two of the largest companies in the recreational vehicle industry have combined into one, following an announcement by Thor Industries that it has purchased Jayco Corp. for about $576 million.

The announcement was made this morning. Jayco, a 3,200-employee company based in Middlebury, is now a wholly owned subsidiary of Elkhart-based Thor. The purchase agreement was completed on Thursday.

The agreement means that Jayco, previously owned by the Bontrager family as a privately held company, is now part of a publicly traded company. Jayco's existing management team will continue to lead the business.

We are thrilled to welcome Jayco to the Thor portfolio of companies, said Bob Martin, Thor President and CEO, in a release. Jayco is a company that I have admired for more than 20 years while working in the industry and living in the community very close to their operations. We value the longstanding success of Jayco and are committed to providing the Bontrager family, and their team of dedicated employees, the resources they need to continue the success they have built at Jayco over the past half century."

Wilbur Bontrager, chairman of the Board of Jayco commented, Our family is very proud of the legacy we have established and nurtured over the past 48 years. As a family run and owned business, we view todays transaction as an opportunity to continue growing our business while joining an even larger family.

Derald Bontrager, president and CEO of Jayco stated, The core values that are synonymous with Jayco and its brands shape the way we run our business, and these values will remain and guide us as we look to the future. One of the things we found most attractive about Thor was their decentralized business structure, which allows their subsidiaries to continue operating independently. Most importantly, within this structure, our current leadership team will continue to manage Jayco, just as we have been running it since our founding. We will continue with the same focus our father had on serving our dealers and consumers better than anyone else in the industry.

Jayco generated profits of about $70 million and revenue of about $1.5 billion in 2015. The company manufactures and markets towable and motorized RVs through its Jayco, Starcraft RV, Highland Ridge and Entegra Coach divisions. It operates 31 facilities that include 17 production lines and a total of about 2.2 million square feet of production space. The facilities are mainly in northern Indiana, with some in Twin Falls, Idaho.

Check back later for additional details.

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