Jayco sold to Thor Industries
It's on their Facebook page... Not good for the RV industry. I've owned both, and Jayco had higher quality. I won't buy another Thor product.
Forum Discussion
I wonder how this impacts Jayco's "equity partner" relationship with Open Range. Supposedly Open Range had cash flow problems and also quality issues and Jayco went in as an equity partner. This was when Open Range changed its name to Highland Ridge RV and voided all of the outstanding warranties on existing trailers/fifth wheels. Is Thor now Highland Ridge Rv's equity partner? Jayco was a privately owned company, apparently the family decided to cash in.
With privately family owned companies the first generation starts the company, the second generation keeps it going and by the time it hits the 3rd generation of family ownership there are too many hands in the pot and they sell the business.
With privately family owned companies the first generation starts the company, the second generation keeps it going and by the time it hits the 3rd generation of family ownership there are too many hands in the pot and they sell the business.
