NOOOO! Thor buys Jayco
Just read that Thor has bought Jayco for $576 million. Wall Street Journal article at this address: http://www.wsj.com/articles/thor-industries-to-buy-jayco-for-576-million-1467375874
Jayco was the largest, family owned RV manufacturer in America (if not the world). I was saving money in order to replace my aging Jayco with a new one. Thor has not been portrayed well on these forums, so this brings me great concern.
Seems like all the good manufacturers have gone:
Nuwa (Hitchhiker)no longer manufacturing.
Excel (Peterson Industries) shut down their business.
DRV (bought out)
Teton (shut down their business)
From the article: Jayco will operate as a subsidiary of Thor, with the existing management continuing to lead the business. Derald Bontrager, Jayco’s chief executive, said one of the things the company found “most attractive” about the tie-up was Thor’s decentralized business structure.
Jayco was the largest, family owned RV manufacturer in America (if not the world). I was saving money in order to replace my aging Jayco with a new one. Thor has not been portrayed well on these forums, so this brings me great concern.
Seems like all the good manufacturers have gone:
Nuwa (Hitchhiker)no longer manufacturing.
Excel (Peterson Industries) shut down their business.
DRV (bought out)
Teton (shut down their business)
From the article: Jayco will operate as a subsidiary of Thor, with the existing management continuing to lead the business. Derald Bontrager, Jayco’s chief executive, said one of the things the company found “most attractive” about the tie-up was Thor’s decentralized business structure.
