Thor Industries (NYSE:THO) subsidiary Keystone RV Company announces that it has broken ground on the construction of two new manufacturing plants.
Keystone expects the facilities totalling ~200K square feet to be completed during the early first half of 2017.
Management says the addition of the new manufacturing plants will help the company meet the bustling demand for its products.
Previously: Thor beats by $0.26, beats on revenue (Nov. 28)
Previously: Thor soars to all-time high after earnings, peers WGO and DW also moving (Nov. 29)
Source: Press Release