# THOR Industries, Inc.

> THOR Industries owns RV manufacturers including Airstream, Jayco, Keystone, Tiffin and Erwin Hymer Group, alongside component suppliers such as Airxcel and Postle. Its companies make towable trailers, camper vans and motorhomes for independent dealers serving recreational travelers, with operations centered on North America and Europe. Fiscal 2026 net sales were $9.61 billion.

- **Founded:** 1980
- **Headquarters:** Elkhart, United States
- **Founders:** Wade F. B. Thompson (Co-founder), Peter B. Orthwein (Co-founder)
- **Products:** Travel trailers and fifth wheels, Motorhomes and camper vans, RV components and aftermarket parts, THOR Test Vehicle, Entegra Coach Embark
- **Notable:** Returned Airstream to profitability in its first year under THOR management., Built a portfolio spanning North American and European RV manufacturers., Acquired Jayco for approximately $576 million in cash in 2016.

## Products & services

- **Travel trailers and fifth wheels** — Towable RVs offered through companies including Airstream, Jayco, Keystone, Dutchmen and KZ.
- **Motorhomes and camper vans** — Class A, B and C motorized RVs through brands including Thor Motor Coach, Entegra Coach, Tiffin and European EHG brands.
- **RV components and aftermarket parts** — Airxcel supplies heating, cooling and other RV systems; Postle supplies aluminum components.
- **THOR Test Vehicle** — Harbinger-based hybrid Class A demonstration vehicle unveiled in September 2024; estimated 500-mile combined range, not battery-only range.
- **Entegra Coach Embark** — Range-extended electric Class A model; its current official page states it is not in retail production. Published range figures are manufacturer claims.

## Achievements

- Returned Airstream to profitability in its first year under THOR management.
- Built a portfolio spanning North American and European RV manufacturers.
- Acquired Jayco for approximately $576 million in cash in 2016.
- Acquired Airxcel for $750 million in 2021, subject to closing adjustments.

## Latest updates

- **2026-10** — On October 13, approved a $0.54 quarterly dividend, up from $0.52; payable November 10 to holders of record October 27.
- **2026-09** — Reported fiscal 2026 net sales of $9.61 billion and net income attributable to THOR of $177.5 million, down 31.3% year over year.
- **2026-09** — Appointed Ken Walters President of North American RV operations and identified North American RV, European and Supply as three operating groups.
- **2026-03** — Described a planned controlled Embark rental-partner launch before expanded retail distribution targeted for fiscal 2027, conditional on performance and feedback. The current Embark page still states it is not in retail production.
- **2025-11** — Co-led Harbinger’s $160 million Series C alongside FedEx and Capricorn; this was investment by THOR, not funding raised by THOR.

## Links

- Website: https://www.thorindustries.com/
- LinkedIn: https://www.linkedin.com/company/thor-industries
- YouTube: https://www.youtube.com/thorindustries
- Instagram: https://www.instagram.com/thorindustries/
- Facebook: https://www.facebook.com/ThorIndustries/

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Last updated: 2026-10-22