Posts Tagged: "Thor Industries"

Thor’s purchase of Jayco is big merger in recreational vehicle sector during summer camping season

The market for recreational vehicles in America has been doing pretty well in recent years. A 2011 study sponsored by the Recreational Vehicle Industry Association (RVIA) pegs the number of households which own an RV at 8.9 million, a new high figure for RV ownership which is a full one million more households than was found in a 2005 study. The average age of ownership dropped by a year to 48 years with owners having a median income of $62,000. The strongest ownership growth was seen in the age range of 35 years to 54 years. RVIA shipping statistics for the first four months of 2015 show that RV shipments during the first quarter of that year reached more than 135,000 units among travel trailers, campers, motorhomes and towable RVs.