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Thor Listed Among ’50 Best U.S. Manufacturers’

Posted By RVBusiness On August 8, 2013 @ 8:11 am In Breaking News | No Comments

Thor Industries Inc., headquartered in Elkhart, Ind., has been named to this year’s 50 Best U.S. Manufacturers list compiled by Industry Week magazine. The builder was ranked No. 37 in the listing.

The publication bases the rankings on key areas over a three-year period, including profit margin and revenue growth.

For the year ending July 31, Thor’s preliminary consolidated sales were $3.69 billion, up 19.6% from $3.08 billion last year. The company’s RV sales also increased more than 23% to $3.24 billion.

Thor, which has several local subsidiaries in Elkhart, Goshen and Nappanee, announced July 31 its decision to sell its bus business, which had annual sales of $448.8 million over the previous year, to Allied Specialty Vehicles for $100 million in cash.

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