Thor/Heartland buys out DRV

Forest River is a 1.6 billion dollar company Thor is not even a tenth of that,but there are as many ways to measure a company as you can shake a stick at.

Hmmm Thor claims "Thor is the sole owner of operating subsidiaries that, combined, represent the world’s largest manufacturer of recreational vehicles". Forest River makes no such claim while being a subsidiary of Berkshire Hathaway and Jayco is family owned and most likely focuses on innovation to compete against the big boys. Again, Thor is positioning itself to have a strong pricing advantage like most companies would like to do.

Not a monopoly,they are only a tenth the size of Forest River.
Jayco must be very nervous though.

I think pricing power for Thor has significantly increased. Can you say monopoly :-) Also, most board of directors are interested in growth and profit. Buying competitors is another way to meet growth targets.

Cummins12V98 wrote:

kakampers wrote:

Cummins12V98 wrote:
DRV is a very solvent company. The only build a unit when it is ordered.

I am sitting at Rolling Retreats RV sales in Elk City, OK in the process of ordering a new MS or Elite Suites. The owner Alicia feels the sale will actually improve DRV.

Time will tell if I made a good move!

Welcome to the Heartland family....:)

GRRRRR HA!

Maybe now we can put our National rallies together instead of back to back in Goshen...;)

roadking59 wrote:
I will ever buy another Heartland product.

Me either. Too many little problems.

I will never buy another Heartland product.

kakampers wrote:

Cummins12V98 wrote:
DRV is a very solvent company. The only build a unit when it is ordered.

I am sitting at Rolling Retreats RV sales in Elk City, OK in the process of ordering a new MS or Elite Suites. The owner Alicia feels the sale will actually improve DRV.

Time will tell if I made a good move!

Welcome to the Heartland family....:)

GRRRRR HA!

Mile High wrote:

kennethwooster wrote:
I had been looking somewhat at DRV. I will not do that now, just simply scared if the quality will go down, but still look really nice. Hopefully it will still be a quality product. However; I will keep my interest on Lifestyle. The mother company seems to be quality. They have let Lifestyle continue to be a quality product just as Carriage. Just my thoughts. I've just been burned to many times with poor quality products.

You would have NEVER bought a DRV because of the Lippert frame! Who you trying to kid :S

Agree:)

kennethwooster wrote:
I had been looking somewhat at DRV. I will not do that now, just simply scared if the quality will go down, but still look really nice. Hopefully it will still be a quality product. However; I will keep my interest on Lifestyle. The mother company seems to be quality. They have let Lifestyle continue to be a quality product just as Carriage. Just my thoughts. I've just been burned to many times with poor quality products.

You would have NEVER bought a DRV because of the Lippert frame! Who you trying to kid :S