Thor Industries (THO) Tops Q4 EPS by 1c

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Thor Industries (THO) Subsidiary Selects Location for Manufacturing Expansion

September 21, 2015 4:31 PM EDT

Thor Industries (NYSE: THO) announced that its Heartland Recreational Vehicles, LLC subsidiary ("Heartland") has selected Nampa, Idaho, as the location for its new manufacturing facility to produce the company's popular Heartland line of travel trailers. Once completed, Heartland expects to use the manufacturing facility to expand production for West Coast markets. The total estimated investment is approximately $11-12 million for the 248,000 square-foot facility, which is expected to employ approximately 120 new workers and begin production in the first quarter of calendar 2016.

"We have been looking for the right opportunity to expand our... More