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

Cummins announces new 'SmartEfficiency' initiative

The product improvement plan focuses on improved fuel efficiency, lower total cost of ownership and improved uptime.

Bluetooth, Wi-Fi sensing from mobile devices may help improve bus service

University of Washington researchers have developed an inexpensive system that uses Wi-Fi and Bluetooth signals from passengers’ mobile phones and devices to collect better data about where bus riders get on and off, how many people use a given stop and even how long they wait to transfer to another bus.

'Off route' Calif. bus driver runs double-decker into bridge

According to the agency transit manager, the driver “got off route” and drove under the bridge, though why is still under investigation. The bus was out-of-service and had no passengers at the time.

BusCon 2016's Call for Papers

conference planning committee is working on the 2016 schedule and is looking for your ideas. If you would like to help lead the conversation as a presenter, we want to hear from you.

Freightliner to invest $22.7M to expand facilities, improve operations

The investment will positively impact a number of key business operations for FCCC, including the construction of a new logistics center, as well as expansions of the current office building, employee parking lot, completed chassis parking, and loading/delivery operations.

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