Thor Industries Inc. has been named by Fortune Magazine as one of “America’s Most Admired” companies for 2005.
According to a press release, Thor was the only recreational vehicle company named to the list of 582 firms. Criteria included: innovation, quality of management, financial soundness, use of corporate assets, long-term investment, people management, social responsibility, and quality of products/services.
The Jackson Center, Ohio-based builder said it also was among the Wall Street Journal’s Shareholder’s Scoreboard of 1,000 companies in 76 industries. Thor, again, was the only RV industry representative named in the recreational products and services category.
According to the list, Thor’s one year return was 32.3%, and its compound annual returns over the last 3-, 5-, and 10-year periods were 59.1%, 37.6%, and 28% respectively.
“These listings confirm our unsurpassed leadership position in the RV and bus industries. We congratulate our employees. This recognition motivates us to continue to excel for our customers and stockholders,” said Wade F. B. Thompson, Thor chairman.
Thor, the largest manufacturer of recreational vehicles and mid-size buses, expects to announce its second quarter results tomorrow (March 1).