TODAY IS Thursday July 24th
Thor Inc. to acquire K-Z Inc. of Shipshewana
Friday Apr 18, 2014 6:10am
By: Tim Murray
SHIPSHEWANA - K-Z Incorporated of Shipshewana will have a new owner on May 1st.
Thor Industries announced yesterday it is purchasing the builder of travel trailers, fifth wheels and toy haulers for approximately $53-million dollars.
K-Z was founded in 1972. Its brands include Sportsmen, Spree, and Durango...all built at six facilities near Shipshewana. It employs about 320 people.
K-Z C-E-O Daryl Zook said becoming part of Thor allows them to continue to operate K-Z with the core values and relationships that have made them successful.
He said Thor and K-Z share a strong commitment to product quality and customer and dealer relationships, making Thor an ideal partner for K-Z.