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

Arrow Stage hosts Veterans Strong Appreciation Event

Over 200 guests attended to witness the evening’s main event, the unveiling of the full-sized custom Arrow Stage Lines’ Veteran Strong motorcoach. 

SFRTA unveils new Tri-Rail commuter connector

The fleet of 28 new vehicles and 2 refurbished vehicles will replace the existing Tri-Rail shuttle buses.

St. Louis Metro recognized for maintenance and asset management

Bus maintenance program has been able to extend the lifespan of buses by 25% and decrease the rate of breakdowns by 85%.

FTA confirmed to speak on new bus testing rule, more at BusCon 2016

A Transit Maintenance Forum pass is $98 and includes the forum as well as access to BusCon’s full educational program, the exhibit hall full of buses, networking event at the Indianapolis Motor Speedway Museum and much more.

Forest River ranks Top 3 Spots in Ford's top volume accounts

Starcraft Bus, Elkhart Coach and Glaval Bus finished first, second and third, respectively.

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