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The Company produces and sells a range of recreation vehicles and small and mid-size buses in the United States and Canada.
Thor has been active on the acquisition trail, in early October they announced that its Eldorado National Kansas subsidiary had purchased the bus operation assets of Krystal Infinity for $3.9 million in cash. They plan on moving the assets to Salina, Kansas and will produce the buses there. This should boost sales by $30 million. The worlds largest manufacturer of RVs and major builder of commercial buses and ambulances finished 2012 with 18% year over year earnings advance. Wall Street has started to take notice since shares are up 30% since August. In September they upped the dividend by 20% making it the third increase in three years.
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