Bus

Thor purchases Federal Coach assets

Posted on January 9, 2013

Thor Industries Inc. announced its Champion Bus Inc. subsidiary purchased the bus operation assets of Federal Coach for $6.8 million in cash.

Champion plans to move the assets and begin production of Federal Coach buses at its Imlay City, Mich. production facility in early calendar 2013.

“We are pleased to add the Federal Coach line of luxury buses to our family of brands,” said Andrew Imanse, Thor’s Bus Group president. “The addition of the Federal Coach line offers Thor’s Bus Group both potential operating synergies and access to important markets within the industry. The purchase of the Federal Coach assets, like the purchase of the assets of Krystal Infinity LLC, dba, Krystal Enterprises in September 2012, brings an upscale, high-end retail product that complements our existing product lines, including Champion’s Defender, Crusader and Challenger bus lines.”

Federal Coach produces a full-line of shuttle, executive and limousine buses ranging in capacity from 12 to 44 passengers, with annual sales of approximately $25 million.

View comments or post a comment on this story. (0 Comments)

More News

SMART to spend $35 million on 80 new buses

Purchase comes as a result of last year’s election, where 66% of voters approved a tax increase to help the agency upgrade 135 vehicles through a four-year operating issue boost.

New York City Transit introduces bicycle racks to buses

Racks available on S53, S93 Routes for 1-Year pilot testing feasibility and impact to service.

National Express takes over operation of Merced's The BUS

The Bus offers fixed-route and paratransit services to the communities of The Joint Powers Authority of Merced County’s seven member agencies, including the Cities of Atwater, Dos Palos, Gustine, Livingston, Los Banos, and Merced, and the County of Merced.

Maine's Greater Portland Transit adds pass for high school students

The Transit Pass allows free and unlimited use of METRO bus routes during the academic school year, including weekends and break periods.

San Francisco introduces interactive, online performance dashboards

The site contains results from 13 key areas, including the percentage of on-time performance, mode share, crime stats, the agency’s carbon footprint, collision data and other information aligned with the SFMTA’s strategic plan.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The resource for managers of class 1-7 truck Fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close