Thor Names John Rhymer Vice President of Operational Improvement

Nov 04, 2015, 16:15 ET from Thor Industries, Inc.

ELKHART, Ind., Nov. 4, 2015 /PRNewswire/ -- Thor Industries, Inc. (NYSE: THO) today announced that John Rhymer has been named to the newly created position of Vice President of Operational Improvement.  Rhymer has been in the RV industry for more than 30 years and was a co-founder of Heartland Recreational Vehicles, which was acquired by Thor in 2010.

Thor President and Chief Executive Officer Bob Martin commented, "We are excited to welcome John to Thor, as his decades of experience in the RV industry both in terms of operational expertise and in building companies will prove to be a valuable resource to Thor and our subsidiaries.  As we continually look for ways to improve our operations while increasing quality, our subsidiaries will be able to utilize John to further these goals."

Rhymer began his career in the RV industry in 1981 with Georgie Boy Manufacturing, holding various positions in engineering, eventually working his way to Vice President of Product Development.  He held positions in production, operations and product performance at a number of RV manufacturers before co-founding Heartland Recreational Vehicles in 2003.  He held a variety of operational roles as Executive Vice President at Heartland until the sale of the company to Thor in 2010.

Rhymer noted, "After a short break from the RV industry following the sale of Heartland, I am looking forward to getting back into the business.  I expect to use my experience in operations and quality to contribute where it's needed most.  With Thor's decentralized structure, I expect to be challenged with a variety of projects to help improve the overall efficiency of Thor's subsidiaries while continuously looking for ways to improve productivity and quality to the benefit of our dealers and consumers alike."

As Vice President of Operational Improvement, Rhymer will serve as a resource available to all of Thor's subsidiaries, and will work closely with the subsidiaries in achieving their objectives in process improvement and quality.  Thor's subsidiaries will be able to access Rhymer's extensive experience in manufacturing operations, engineering and product development.  Mr. Rhymer will report directly to Bob Martin.

About Thor Industries, Inc. Thor is the sole owner of operating subsidiaries that, combined, represent one of the world's largest manufacturers of recreational vehicles.

This release includes certain statements that are "forward looking" statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward looking statements are made based on management's current expectations and beliefs regarding future and anticipated developments and their effects upon Thor Industries, Inc., and inherently involve uncertainties and risks. These forward looking statements are not a guarantee of future performance. We cannot assure you that actual results will not differ from our expectations. Factors which could cause materially different results include, among others, raw material and commodity price fluctuations, material or chassis supply restrictions, legislative and regulatory developments, the costs of compliance with increased governmental regulation, legal issues, the potential impact of increased tax burdens on our dealers and retail consumers, lower consumer confidence and the level of discretionary consumer spending, interest rate fluctuations and the potential economic impact of rising interest rates, restrictive lending practices, management changes, the success of new product introductions, the pace of obtaining and producing at new production facilities, the pace of acquisitions, the potential loss of existing customers of acquisitions, the integration of new acquisitions, the impact of the divestiture of the Company's bus business, the availability of delivery personnel, asset impairment charges, cost structure changes, competition, the potential impact of the strengthening of the U.S. dollar on international demand, general economic, market and political conditions and the other risks and uncertainties discussed more fully in ITEM 1A of our Annual Report on Form 10-K for the year ended July 31, 2015. We disclaim any obligation or undertaking to disseminate any updates or revisions to any forward looking statements contained in this release or to reflect any change in our expectations after the date of this release or any change in events, conditions or circumstances on which any statement is based, except as required by law.

SOURCE Thor Industries, Inc.