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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. Co. has three segments: North American Towable Recreational Vehicles, which consists of: Airstream (towable), Heartland (including Bison, Cruiser RV and DRV), Jayco (including Jayco towable, Starcraft and Highland Ridge), Keystone (including CrossRoads and Dutchmen) and KZ (including Venture RV); North American Motorized Recreational Vehicle, which consists of: Airstream (motorized), Jayco (including Jayco motorized and Entegra Coach) and Thor Motor Coach; and European Recreational Vehicles, which consists of the Erwin Hymer Group business.
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Buy (2.82 out of 4)
(ranked lower than approx. 70% of all stocks covered)
Based on Zacks ABR data;
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