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

Hometown Trolley acquires Supreme Corp.'s American Trolley product line

The purchase furthers Hometown Trolley's overall strategic business model to become the leading trackless trolley bus manufacturer in the North American transit industry.

Volvo Buses unveils pedestrian and cyclist detection system

The system will be introduced on Volvo’s European city bus fleet in 2017.

Stertil-Koni introduces high-performance, low-capacity hydraulic vehicle lift

The company’s ST 1064 hydraulic mobile column lift has a capacity of 14,000 lbs. per column, or 56,000 lbs. for a set of four.

METRO, PERC honor innovation, clean fleets at BusCon 2016

Arrow Stage Lines, L.A. Metro and Pierce Transit and their supplier partners, as well as fleets in San Diego and Detroit were among the honorees.

Blue Bird Commercial to feature range of options at BusCon 2016

Commercial bus fleet operators will find a full range of small and medium-sized buses at the Blue Bird booth (#501) at BusCon 2016 being held at the Indiana Convention Center in Indianapolis on Sept. 19 - 21.

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 number 1 resource for vocational 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