1 History 2 Subsidiaries 2.1 Former subsidiaries 3 References 4 External links to official websites Thor Industries, Inc.[1], was founded on August 29, 1980, when Wade F. B. Thompson and Peter B. Orthwein acquired Airstream. AKA lots of room to stretch out and get comfortable. The 2020 THOR North American RV Consumer Survey Report can be downloaded here. Global RV industry leader formalizing bold approach to sustainability For 40 years, THOR has utilized responsible and sustainable business practices to make it easier and more enjoyable for families to connect with nature, and one another. In 1980, it became the foundation of Thor Industries after it was acquired by Wade Thompson and Peter Busch Orthwein. We also expect our employees to act ethically, and in compliance with all applicable laws, at all times. About THOR Industries, Inc. THOR is the sole owner of operating subsidiaries that, combined, represent the world's largest manufacturer of recreational vehicles. Airstream is manufacturer of travel trailers and motor homes, known for its distinctive all-aluminum models. About Thor Industries, Inc. Thor is the sole owner of operating subsidiaries that, combined, represent the world's largest manufacturer of recreational vehicles. [49] Thor Industries also owns Postle Aluminum, a manufacturer of aluminum components that are often used in Thor's RVs. Today, we continue that journey by leading a global family of companies that make it easier and more enjoyable for families of all types to create lasting outdoor memories. [34] It also acquired the assets of Livin Lite RV's in 2013,[35] as well as Bison Coach, a manufacturer of horse trailers that have RV-style living quarters. The company reports through three segments: North American towable recreational vehicles, North American motorized recreational vehicles, and European recreational vehicles. [24] Later in 2010, Thor acquired Heartland RV, another Elkhart-based maker of fifth wheels and lightweight RVs. Supplier Code of Conduct (Applicable to Thor companies based in the U.S.) Thor Industries, Inc. (including its subsidiaries and affiliates based in the United States, “Thor”, “we” or “our”) is committed to conducting our business accordance with the highest ethical standards. Thor purchased The Establishment “McPheters Machine Products” which was a manufacturer of Both Class A and C motorhomes. 6 months ago. [4] Airstream had not fared well during the economic downturn of the late 1970s, losing $12 million the year before it was acquired. The transaction is a positive, strategic fit for both companies. About Thor Industries, Inc. Thor is the sole owner of operating subsidiaries that, combined, represent the world's largest manufacturer of recreational vehicles. We strive to act with integrity and fairness in both employment and business relationships. Thor Industries Inc. was founded on August 29, 1980 when Wade F.B. [38], 1980–1987: Foundation, acquisition of Airstream, going public, 1988–2012: Expansion into bus market, further RV acquisitions, 2005–2012: Acquisition of more RV brands, sale of bus division, 2013–present: Acquisitions of Jayco and Hymer, "Wade F. B. Thompson, Who Rebuilt Airstream Brand, Dies at 69", "Wade Thompson, co-founder of Thor Industries, loses battle with cancer", "Thor Industries lands $200M pact, its largest ever", "Salina stocks gained 11 percent during 1992", "RV expansion expected in Dutchmen-Thor deal", "Thor Industries buys another area RV maker", "RV maker Thor Industries moving headquarters to Indiana", "Thor refocusing its efforts in RV business", "Thor's Heartland acquires Cruiser RV, DRV", "Thor acquires Jayco in $576 million deal", "Thor acquires German RV company for $2.45B", "THOR Industries Acquires Tiffin Motor Homes And Related Companies For $300 Mln", "Experiencing Autocamp: An Airstream Experience For Anti-Campers", "Thor Industries Buys RV Maker Heartland", "Airstream Parent Bets $2.5 Billion on RV Growth in Europe, China", "Dutchmen RV buys EverGreen RV's Lifestyles plant", Wade F. B. Thompson, Who Rebuilt Airstream Brand, Dies at 69, https://en.wikipedia.org/w/index.php?title=Thor_Industries&oldid=995866033, Companies listed on the New York Stock Exchange, Vehicle manufacturing companies established in 1980, Companies based in Elkhart County, Indiana, Creative Commons Attribution-ShareAlike License, This page was last edited on 23 December 2020, at 08:25. The highest ethical standards Cinematic Universe, across Canada and the US over CEO... Employees across 2 locations and $ 8.17 B in annual revenue in FY 2020 the of... The basics of buying and driving RVs before you purchase Nest, International Signature, and European recreational (! North American operating companies reopened their assembly operations today, Thor Industries, Inc. ( NYSE: )! Contacted by a Thor Motor Coach that year, Thor has grown both organically and through acquisitions! Coach, a manufacturer of recreational vehicles, 1980 when Wade F.B like... 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