Thor Motor Coach Expanding

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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowA subsidiary of Elkart-based Thor Industries Inc. (NYSE: THO) is expanding its production capacity. Thor Motor Coach has purchased a 128,000 square-foot production facility in Bristol.
The facility is located on approximately 18 acres of land. Jeff Kline, president of Thor Motor Coach, says the new facility will allow the company to continue its momentum in the production of Class C motorhomes.
"This new facility is located within a few miles of our main Elkhart production complex and will provide us the opportunity to establish a dedicated production line for our new upscale Quantum Class C motorhome line following the strong initial response from dealers and consumers since its introduction this past fall," said Kline. "Producing this innovative new line in a dedicated facility will free up additional capacity on our Elkhart campus to increase production of our other Class C motorhome lines."
Thor President and CEO Bob Martin says strong demand from dealers and consumers created an immediate need for additional production capacity. He says the newly-acquired facility "met the requirements in terms of physical features, proximity to existing facilities, as well as the ability to take possession and transition production quickly."
Thor Motor Coach expects production at the new facility to begin in fiscal fourth quarter 2016.