Alabama-based Tiffin Motorhomes which manufactures high-end recreational vehicles announced it is being bought by Indiana-based Thor Industries for $300 million. Bob Tiffin, CEO of Tiffin Motorhomes, and Bob Martin, President and CEO of Thor Industries talked about the acquisition in a video.
When did Thor buy Tiffin Motorhomes?
The Purchase Agreement was executed and effective at the close of business on December 18, 2020. Tiffin Group, LLC, a wholly owned subsidiary of THOR, will own the Tiffin Group, which will continue to be managed by the Tiffin family and existing senior management team.
Did Bob Tiffin sell his business?
Monday morning, Tiffin announced the sale, saying the family will continue to run daily operations at Tiffin’s four locations – Red Bay, Winfield, Belmont, and Burnsville – and the plants will continue to manufacture the company’s distinct motorhomes. …
Does Winnebago own Thor?
Thor’s products include conventional travel trailers; fifth wheels; truck and folding campers; and Class A, B, and C motorhomes. The company owns many well-known RV brands, including Airstream, CrossRoads, Cruiser RV, Dutchmen, Jayco, Starcraft, and Thor Motor Coach.
Who did Thor just buy out?
ELKHART — Thor Industries Inc. has purchased Tiffin Motorhomes Inc. and related companies for $300 million.
What is the top of the line Tiffin motorhome?
Phaeton®: Consistently Tiffin’s best-selling model, the Phaeton is also one of the top-selling Class A motorhomes in the industry. The Phaeton provides more luxury and practicality at a greater value than any other diesel pusher on the road.
What motorhomes does Tiffin make?
Tiffin Motorhomes: Phaeton, Allegro Breeze, Allegro Bus and Zephyr.
How long does it take to build a Tiffin motorhome?
It took 11 days to make their new motorhome, and now you can watch the entire process in just 11 minutes.
Who bought out Newmar?
Winnebago Industries Inc. has announced a $344 million deal to acquire Newmar Corp., a luxury RV manufacturer based in Indiana.
Who is the CEO of Tiffin Motorhomes?
Bob Tiffin, CEO of Tiffin Motorhomes, Inc.
Is Tiffin RV still in business?
Will I still be able to have my Tiffin serviced through Tiffin Motorhomes? Yes, all Tiffin service operations will continue as they currently are. We will not be transferring our service operations to THOR Industries in any way.
Who makes Phaeton RV?
The Phaeton by Tiffin has consistently been one of the most popular Class A diesel motorhomes in the industry. Phaeton shoppers can choose from among 6 different intuitive floor plans each with its own unique twist on luxury and style.
What does a Tiffin motorhome cost?
$421,470USD MSRP – CALL FOR BEST PRICE.
What is the most expensive RV?
The EleMMent Palazzo Superior from Marchi Mobile is the most expensive RV in the world, costing nearly $3 million. The massive motor home is 45 feet long, and features a king-size bed, rainfall shower, and expandable roof deck.
What are the worst RV brands?
Worst Travel Trailer Brands According to Reviews
- Coachmen. Although the Coachmen RV brand is a subsidiary of the Forest River RV Brand, one of the best RV brands around, their recreational vehicles have received a big number of complaints in the past few years. …
- Keystone. …
- Winnebago. …
- Hurricane. …
- Jayco. …
- Fleetwood.
What RV manufacturer is best?
The Top Ten RV Manufacturers Every Shopper Needs To Know
- Forest River.
- Newmar.
- 5.Thor Motor Coach.
- Winnebago.
- Airstream.
- K-Z RV.
- Keystone.
- Midwest Automotive Designs.
Are Thor motorhomes any good?
Thor is one of the largest RV companies in the world. They offer decent quality motorhomes, plenty of luxury, and a warranty you might be able to live with. Unfortunately, you’re just not going to find a good RV warranty anywhere, so that’s not unique to Thor.
Did Tiffen sell Thor?
(AP) — Indiana-based Thor Industries Inc. said Monday it had bought family-owned Tiffin Motorhomes, the Alabama-based manufacturer of high-end recreational vehicles, in a deal worth $300 million. … The company also makes a smaller RV line, the Wayfarer, and fifth-wheel campers.
Is Winnebago a good RV brand?
Winnebago is a household name, and for good reason! Winnebago is one of the oldest RV manufacturers in the game, and they still live up to their excellent reputation. Known for their build quality and designing products to suit their consumers’ desires, this mega-RV company has all types of RV’s.