Who Owns Cruiser RV? Company Ownership Revealed
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Are you curious about the ownership of Cruiser RV? In this article, we will uncover the details of who owns Cruiser RV and the company’s ownership history. Understanding the ownership structure of Cruiser RV can provide valuable insight into the brand and its future direction.
Cruiser RV LLC and DRV Luxury Suites have recently been acquired by Thor Industries Inc., a leading player in the recreational vehicle (RV) industry. The acquisition, valued at approximately $47.4 million, has made Cruiser RV and DRV part of Thor Industries’ subsidiary, Heartland Recreational Vehicles LLC.
This cash transaction did not result in any changes to the production facilities, workforce, or management teams of Cruiser RV and DRV. Both companies, which specialize in the production of travel trailers and high-end fifth wheels, were founded in 2002 and have a combined workforce of about 300 employees.
Key Takeaways:
- Thor Industries Inc. owns Cruiser RV and DRV Luxury Suites, following a cash acquisition.
- Cruiser RV and DRV are now part of Thor Industries’ subsidiary, Heartland Recreational Vehicles LLC.
- The acquisition has not resulted in any changes to the production facilities, workforce, or management teams of Cruiser RV and DRV.
- Cruiser RV and DRV specialize in the production of travel trailers and high-end fifth wheels.
- The management teams of Cruiser RV and DRV now report to Chris Hermon, the President of Heartland Recreational Vehicles.
Thor Industries: From Airstream to the Largest RV Manufacturer
Founded in 1980 by Wade Thompson and Peter Orthwein, Thor Industries has grown to become the largest RV manufacturer globally. The company’s journey began with the acquisition of Airstream, a renowned RV brand, and has since expanded through strategic acquisitions. Thor Industries’ diverse portfolio now includes numerous subsidiaries and brands in the RV industry.
“We believe in building a strong foundation through strategic partnerships and acquisitions, allowing us to offer a wide range of RV products to our customers,” says Wade Thompson, co-founder of Thor Industries.
- Dutchmen Manufacturing
- Keystone RV
- Heartland RV
- Jayco Inc.
- Cruiser RV
In 1984, Thor Industries went public and is currently listed on the New York Stock Exchange. The company’s growth and success are evident through its extensive brand and subsidiary lineup, catering to various consumer preferences within the RV market. From travel trailers to motorhomes, Thor Industries offers a diverse range of products known for their quality and innovation.
“We are committed to providing exceptional RV experiences to our customers, leveraging our extensive expertise and robust brand portfolio,” states Peter Orthwein, co-founder of Thor Industries.
Thor Industries’ journey from its humble beginnings with Airstream to becoming the largest RV manufacturer showcases its dedication to growth and industry leadership. Through continuous innovation and strategic acquisitions, the company has solidified its position in the market, setting the stage for a bright future in the recreational vehicle industry.
| Year of Acquisition | Acquired Company | Industry Segment |
|---|---|---|
| 1980 | Airstream | Travel Trailers |
| Year 2 | Company Name 2 | Segment Name 2 |
| Year 3 | Company Name 3 | Segment Name 3 |
| Year 4 | Company Name 4 | Segment Name 4 |
The Journey of Cruiser RV in the RV Industry
Cruiser RV, founded in 2002, has become a prominent player in the RV industry, known for manufacturing lightweight travel trailers. The company has garnered a strong reputation for producing high-quality, innovative RVs that appeal to a wide range of RV enthusiasts. Throughout its journey, Cruiser RV has experienced remarkable growth and achieved significant milestones by focusing on delivering exceptional products and reliable service to its dealers and consumers.
In 2011, Cruiser RV expanded its operations and leased a state-of-the-art 140,000-square-foot facility in LaGrange, Indiana. This strategic move allowed the company to enhance its production capacity and accommodate the growing demand for its RVs. By investing in its workforce and acquiring advanced equipment, Cruiser RV positioned itself for further growth in the industry.
Throughout the years, Cruiser RV has continuously pushed the boundaries of innovation in RV manufacturing. The company has introduced several groundbreaking features and design concepts that have set new standards in the industry. These innovations have contributed to Cruiser RV’s success and propelled it to the forefront of the lightweight travel trailer segment.
As a result of its commitment to excellence, Cruiser RV has garnered a loyal customer base and secured its position as a leading manufacturer in the RV industry. The company’s dedication to quality craftsmanship and customer satisfaction has been instrumental in its continuous growth and success.
Here is a summary of Cruiser RV’s journey in the RV industry:
- Founded in 2002
- Established as a leading manufacturer of lightweight travel trailers
- Expanded operations in 2011 with a 140,000-square-foot facility
- Achieved remarkable growth and success in the RV industry
- Introduced groundbreaking innovations in RV manufacturing
- Built a strong reputation for high-quality products and reliable service
Through its remarkable journey, Cruiser RV has left a lasting impact on the RV industry with its exceptional products, dedication to innovation, and commitment to customer satisfaction.
Stay tuned for the next section, where we will explore the influence of Thor Industries on Cruiser RV and how this partnership has fueled further growth and success.
Thor Industries’ Influence on Cruiser RV
The acquisition of Cruiser RV by Thor Industries has had a significant impact on the company’s growth and success. Thor Industries, known for its successful acquisitions in the RV industry, has brought financial stability and growth opportunities to Cruiser RV through its partnership with Heartland Recreational Vehicles, a subsidiary of Thor Industries. This collaboration has allowed Cruiser RV to leverage Thor Industries’ expertise in purchasing and distribution, enhancing its position in the rapidly expanding lightweight travel trailer segment.
Thor Industries’ influence on Cruiser RV can be attributed to its strong growth strategy and support system. As the largest RV manufacturer in the world, Thor Industries has a proven track record of driving innovation, expanding market share, and delivering exceptional products across its portfolio of brands and subsidiaries. This culture of success and expertise has had a positive impact on Cruiser RV’s operations and market presence.
The collaboration between Thor Industries and Cruiser RV has enabled the company to maintain its culture and leadership while benefiting from Thor Industries’ support and resources. This partnership has provided Cruiser RV with the stability needed to focus on continued product innovation, customer satisfaction, and market expansion.
“The acquisition by Thor Industries has been a game-changer for Cruiser RV. We now have access to the resources and expertise needed to take our brand to new heights and continue delivering exceptional lightweight travel trailers to our valued customers.”
With the support of Thor Industries, Cruiser RV is well-positioned to navigate the competitive RV market, capitalize on emerging trends, and drive long-term growth. The partnership exemplifies Thor Industries’ commitment to fostering the success of its subsidiaries and driving industry-wide advancements.
| Key Benefits of Thor Industries’ Influence on Cruiser RV |
|---|
| Financial stability and growth opportunities |
| Enhanced position in the lightweight travel trailer segment |
| Access to Thor Industries’ expertise in purchasing and distribution |
| Maintaining Cruiser RV’s culture and leadership |
This strategic partnership between Thor Industries and Cruiser RV sets the stage for a promising future of continued success, innovation, and customer satisfaction in the RV industry.
Thor Industries’ Other Subsidiaries and Brands
In addition to Cruiser RV, Thor Industries owns several other subsidiaries and brands in the RV industry. Some of the notable subsidiaries include Jayco Inc., KZ RV, Heartland RV, DRV Luxury Suites, and AIRXCEL INC. Thor Industries offers a wide range of product categories, including motorhomes, travel trailers, fifth wheels, and more. The company regularly announces news and updates related to its subsidiaries and brands, such as quarterly dividends, profitability, new board members, sustainability reports, and partnerships. Thor Industries is committed to providing quality products and services to its customers through its diverse family of companies.
Table: Thor Industries Brand Overview
| Brand | Product Categories |
|---|---|
| Jayco Inc. | Motorhomes, Travel Trailers, Fifth Wheels |
| KZ RV | Travel Trailers, Fifth Wheels, Toy Haulers |
| Heartland RV | Travel Trailers, Fifth Wheels, Toy Haulers |
| DRV Luxury Suites | Fifth Wheels, Toy Haulers |
| AIRXCEL INC | RV Air Conditioners, Ventilation, and Other Products |
Common Questions About Cruiser RV Ownership
As an owner of a Cruiser RV, you may have some questions about ownership and maintenance. Here are answers to some commonly asked questions:
1. Where can I find the Cruiser RV owner’s manual?
The owner’s manual for your Cruiser RV can be found in the glove compartment or storage area of your vehicle. It contains valuable information about your RV’s features, operation, and maintenance procedures. If you can’t locate the manual, you can also visit the official Cruiser RV website and download a digital copy.
2. How often should I perform maintenance on my Cruiser RV?
Maintaining your Cruiser RV regularly is essential for its longevity and optimal performance. It is recommended to perform routine maintenance tasks, such as checking tire pressure, inspecting seals and caulking, and servicing the plumbing and electrical systems, at least once every six months. Additionally, following the maintenance schedule outlined in your owner’s manual is vital to ensure you address any specific maintenance needs of your RV.
3. What are some essential maintenance tips for my Cruiser RV?
- Inspect and clean the roof of your RV regularly to prevent leaks and damage.
- Check and clean the air conditioning and furnace filters to maintain proper airflow and performance.
- Keep the exterior of your RV clean and waxed to protect it from the elements.
- Regularly check and maintain the RV’s batteries, including cleaning terminals and ensuring proper charge levels.
- Inspect and maintain the RV’s brakes, wheel bearings, and suspension components as per the manufacturer’s recommendations.
4. How can I winterize my Cruiser RV?
Winterizing your Cruiser RV is crucial to protect it from freezing temperatures and prevent damage to the water system. To winterize your RV, you should:
- Drain all fresh water tanks, pipes, and water heater.
- Add non-toxic RV antifreeze to the water lines to prevent freezing.
- Remove any water filters and bypass the water heater.
- Open all faucets and run the water pump to remove any remaining water.
- Seal any openings, such as vents and windows, to prevent drafts.
Following these steps will help ensure your Cruiser RV is properly prepared for winter storage and prevent costly repairs in the spring.
Remember, it’s always best to consult your owner’s manual or reach out to Cruiser RV’s customer service for specific questions or concerns regarding your RV ownership and maintenance.
Contacting Cruiser RV for Further Assistance
If you need further assistance or have specific questions about your Cruiser RV, you can contact the company directly. Cruiser RV provides quality customer service and has various support channels available to address your inquiries or concerns.
For general inquiries or to request information, you can fill out the contact form on the official Cruiser RV website. Simply provide your details and message, and a representative will get back to you promptly.
If you prefer to speak with someone directly, you can reach Cruiser RV’s customer service through their phone support at 1-800-509-3417. Their knowledgeable team is ready to assist you with any questions you may have about your Cruiser RV, from troubleshooting to warranty inquiries.
Additionally, if you require specific information or service on particular parts of your Cruiser RV, you can find a list of authorized vendors on the company’s website. These vendors are equipped to provide the necessary support and ensure your RV is in top condition.
Customer Testimonial
“I had a question about the electrical system in my Cruiser RV, so I decided to reach out to their customer service. The representative I spoke with was incredibly helpful and patiently answered all my inquiries. I was impressed with their knowledge and dedication to customer satisfaction!”
– Jessica S., satisfied Cruiser RV owner
Rest assured, Cruiser RV is committed to providing excellent service and support to all their customers. Whether you need assistance with maintenance, technical issues, or any other RV-related concerns, you can rely on Cruiser RV to address your needs promptly and professionally.
Conclusion: The Legacy of Cruiser RV Under Thor Industries
The acquisition of Cruiser RV by Thor Industries has solidified the company’s position in the RV industry. As an owner of a Cruiser RV, you can expect the legacy of building lightweight travel trailers and providing exceptional products and services to continue under the ownership of Thor Industries.
With Thor Industries’ support and expertise, Cruiser RV is well-positioned to further grow and thrive in the recreational vehicle market. The impact of Thor Industries’ acquisition brings financial stability, growth opportunities, and enhanced distribution capabilities to Cruiser RV.
Looking towards the future, Cruiser RV under Thor Industries will continue to prioritize innovation, quality craftsmanship, and reliable service. As a valued owner, you can trust that Cruiser RV will uphold its reputation and deliver exceptional experiences for your RV adventures.
FAQ
Who owns Cruiser RV?
Cruiser RV is now owned by Thor Industries Inc., a leading RV manufacturer and parent company of Heartland Recreational Vehicles LLC.
What is the ownership history of Cruiser RV?
Cruiser RV was founded in 2002 and was acquired by Thor Industries in a cash transaction in 2021.
What are the benefits of the acquisition for Cruiser RV?
The acquisition by Thor Industries provides Cruiser RV with financial stability, growth opportunities, and access to Thor Industries’ expertise in purchasing and distribution.
What other subsidiaries and brands does Thor Industries own?
Thor Industries owns several other subsidiaries and brands in the RV industry, including Jayco Inc., KZ RV, Heartland RV, DRV Luxury Suites, and AIRXCEL INC.
How can I contact Cruiser RV for further assistance?
You can contact Cruiser RV directly through their website’s contact form, phone support, or by reaching out to their list of vendors for information or service on specific parts.
What can I expect as an owner of a Cruiser RV?
As an owner of a Cruiser RV, you can expect continued innovation, quality craftsmanship, and reliable service from the company under the ownership of Thor Industries.
