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The acquisition gives Thor, a recreational vehicle maker based in Indiana, a manufacturer of high-end motorhomes based in Alabama that brought in $800 million in RV sales in the 2020 fiscal year. Thor reported $8.17 billion of revenue in fiscal 2020, up about 20% from $6.77 billion recorded the year prior. We re always an opportunistic buyer, and Tiffin is one of these companies that s 48 years old, has an incredible brand, a great selection of products, but actually a selection of products that have yet to come that we think we can help them develop, Martin said in a Mad Money interview. The purchase gives Thor exposure to the American South outside of the tight labor market in northern Indiana, said Martin, who sees room for expansion in Alabama and neighboring Mississippi for many years to come. Thor s portfolio includes manufacturers in Indiana and Ohio.

United statesBob martinThor industriesTiffin motorhomesAmerican southAllegro breezeAllegro redAllegro busMoney twitterCramer twitterஒன்றுபட்டது மாநிலங்களில்பாப் மார்டின்தோர் தொழில்கள்சிற்றுண்டி மோட்டார்ஹோம்ஸ்அமெரிக்கன் தெற்குஅலெக்ரோ தென்றல்