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12/12/2001

Thor Industries, Inc., was founded on August 29, 1980, when Wade F. B. Thompson and Peter B. Orthwein acquired Airstream, the most recognized name in the industry. The name "Thor" combined the first two letters of each entrepreneur's name. Despite its famous image, Airstream had not fared well during the economic downturn of the late 1970's. By focusing on improving quality while reducing costs, Airstream returned to profitability in its first year under the new Thor management.