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Slide #16. Thor Industries, Inc. — Krystal Infinity, LLC, dba, Krystal Enterprises
Thor Industries, Inc. (NYSE:THO)
Krystal Infinity, LLC, dba, Krystal Enterprises
Thor Industries, Inc. announced that its Eldorado National Kansas subsidiary purchased the bus operation assets of Krystal Infinity, LLC, dba, Krystal Enterprises ("Krystal") for $3.9 million in cash. Eldorado plans to move the assets to its bus facility in Salina, Kansas and produce the Krystal buses there. Krystal manufactures luxury buses and its sales are estimated to be in excess of $30 million per year.
Thor Industries is a manufacturer of recreational vehicles (RVs) in the U.S. and Europe, and sells those vehicles, as well as related parts and accessories, primarily to independent, non-franchise dealers throughout the U.S., Canada and Europe. Co.'s business activities are primarily comprised of three main operations, which include the design, manufacture and sale of North American towable RVs, North American motorized RVs and European RVs, with the European vehicles including both towable and motorized products as well as other RV- related products and services. Co. has three reportable segments, all related to RVs: North American towables, North American motorized and European.
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