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07-01-2016, 11:04 AM
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#21
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Senior Member
Join Date: Jul 2015
Location: Rio Rancho
Posts: 426
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Thor and Jayco Game changer
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07-01-2016, 11:20 AM
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#22
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Senior Member
Join Date: Mar 2015
Location: Southern California
Posts: 572
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Jayco Sold to Thor
__________________
2016 Jay Feather X254
2001 Ford Excursion 6.8L V10 4.30's
Equal-i-zer 1000/10,000 WDH
Previous TV: 2004 Ford Exedition w/ heavy duty tow package[/COLOR]
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07-01-2016, 11:21 AM
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#23
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Senior Member
Join Date: Sep 2013
Location: Rancho Mirage, CA
Posts: 713
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What a surprise to hear the news. I hope it turns out to be a good thing.
__________________
Diego the German Shepherd & Family
2021 Ford F-250 Crew Cab, 7.3 Gas-10 speed
2006 Toyota Sequoia-Sold
2015 Jayco Jay Flight 23MB Elite
Previous RV's, 1988 33-foot Barth Class A and 1994 Flagstaff Pop-Up
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07-01-2016, 12:28 PM
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#24
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Junior Member
Join Date: Aug 2015
Location: Concord
Posts: 12
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Jayco bought out!
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Concord NC
2012 Jay Series Sport 12 PopUp
2004 Ford Expedition Eddie Bauer
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07-01-2016, 12:42 PM
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#25
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Member
Join Date: Oct 2015
Location: Corydon
Posts: 62
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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.
Sent from my iPhone using Tapatalk
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07-01-2016, 12:42 PM
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#26
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Site Team
Join Date: Nov 2012
Location: Clearwater, FL area
Posts: 5,196
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07-01-2016, 01:07 PM
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#27
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Senior Member
Join Date: Jun 2012
Location: Southern Indiana
Posts: 1,326
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WOW! Good... Bad... Otherwise???
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2017 Some Other Brand (SOB)
2013 Jayco Jay Feather X23B (She Gone)
2014 Ford Expedition
Gerard
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07-01-2016, 01:07 PM
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#28
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Senior Member
Join Date: May 2011
Location: Aldergrove British Columbia
Posts: 815
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Wow, wonder what this will bring on. Don't they own Airstream as well?
__________________
Richard
2011 Jay Feather Select 28U
2007 Silverado Crewcab LT 6.0L
Happily married and father of
two university students.
Cancer survivor
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07-01-2016, 01:12 PM
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#29
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Senior Member
Join Date: Dec 2011
Location: Reno (home base) Winter Eloy, AZ
Posts: 988
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Quote:
Originally Posted by JaycoKev
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You are a little late to the news.
Previous
__________________
2012 Pinnacle 36KPTS - Kitchen Pantry Triple Slide
Mor/Ryde suspension and pin box, Dual pane windows, Auto Leveling System, 2 A/C's, Sailun G's and more...
View photos
Our Trip Journal
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07-01-2016, 01:18 PM
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#30
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Member
Join Date: Apr 2016
Location: Silverdale
Posts: 45
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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 today’s 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.
__________________
Chris & Tara Orcutt
From WA state
2017 Eagle 339flqs
2004 Chevy Silverado 2500HD 4x4 diesel crew cab
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07-01-2016, 01:28 PM
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#31
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Senior Member
Join Date: Oct 2015
Location: Kalispell
Posts: 260
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I read it. I don't know if it will change anything, but if it does I doubt if it will be for the better.
Jim
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2017 Jayco Pinnacle 38FLSA
2007 Dodge Ram 2500 5.9 Diesel
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07-01-2016, 01:31 PM
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#32
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Senior Member
Join Date: Mar 2015
Location: LaCrescent, MN
Posts: 3,428
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Not sure how I feel about this. Thor is like most others that only have a 1 year warranty instead of the 2 year.
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2016 Northpoint 377rlbh
2024 Chevy 3500HD LTZ Diesel
Pullrite 24k Super Glide
Progressive EMS Hardwired
Beautiful Wife and Beautiful 11 YO Daughter
Standard Goldendoodle and Miniture Poodledoodle
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07-01-2016, 01:32 PM
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#33
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Senior Member
Join Date: Dec 2011
Location: Reno (home base) Winter Eloy, AZ
Posts: 988
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__________________
2012 Pinnacle 36KPTS - Kitchen Pantry Triple Slide
Mor/Ryde suspension and pin box, Dual pane windows, Auto Leveling System, 2 A/C's, Sailun G's and more...
View photos
Our Trip Journal
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07-01-2016, 01:35 PM
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#34
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Senior Member
Join Date: Nov 2011
Location: Where ever the boss says we're going.
Posts: 15,950
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Quote:
Originally Posted by Kahoneys
Not sure how I feel about this. Thor is like most others that only have a 1 year warranty instead of the 2 year.
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THOR owns AIRSTREAM and they have a two yr warranty. Their companies are wholly owned subsidiaries, they don't operate under one banner.
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07-01-2016, 01:47 PM
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#35
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Senior Member
Join Date: May 2014
Location: North Western West Virginia
Posts: 671
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Loss of competition is seldom a good thing....
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The Logan's
2018 Jayco Alante 31v
Me, Dear Wife,
2 Bluetick Hounds
1 Newfoundland
1 Newfoundland / Black Lab Mix
1 Cairn Terrier
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07-01-2016, 01:51 PM
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#36
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Senior Member
Join Date: Jul 2015
Location: Mid-Mi
Posts: 1,492
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Quote:
Originally Posted by Crabman
Say it aint so.....
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X2!!!!
Sad to hear this news....
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07-01-2016, 02:00 PM
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#37
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Senior Member
Join Date: Mar 2015
Location: Abingdon
Posts: 6,177
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Quote:
Originally Posted by Grumpy
THOR owns AIRSTREAM and they have a two yr warranty. Their companies are wholly owned subsidiaries, they don't operate under one banner.
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+1
__________________
2013 Jayco Eagle 328 RLTS
2021 Keystone Montana 3121RL
2013 F350 6.7L 4x4 CCLB
W/Air Lift air bags (front & rear)
Equal-I-Zer™ WDH & B&W Companion
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07-01-2016, 02:33 PM
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#38
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Senior Member
Join Date: Nov 2015
Location: Maine
Posts: 2,622
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So far I have seen five different threads about this
Under five different titles. Suggestion: one thread
__________________
2021 GMC Canyon
2021 Jayco 212QB
WDH ; Anderson
2012 Honda Ridgeline not towing anymore
2016 195 RB traded in
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07-01-2016, 02:46 PM
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#39
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Site Team
Join Date: Nov 2010
Location: Virginia`s Eastern Shore
Posts: 17,091
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__________________
2017 Coachmen Catalina 283RKS
2018 Ford F250 Super Duty 6.2l CCSB
2010 Jayflight 28BHS (sold)
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07-01-2016, 03:46 PM
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#40
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Senior Member
Join Date: Mar 2015
Location: Prescott Valley
Posts: 179
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Thor Buys Jayco!
article from RV Daily -
I find it highly ironic that today, the official start of the Independence Day holiday weekend, that the largest independent RV manufacturer in the industry, Jayco, is swallowed up whole by the largest publicly-traded company in the industry, Thor Industries.
The good news is that 83 percent of RV manufacturing is now under the control of two people – Bob Martin, the CEO of Thor Industries, and Peter Liegl, the CEO of Forest River.
below is link to article...
Opinion: The more things change, expect them to stay the same | RV Daily Report
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