Godwin acquires McClain Galion
Aug 8, 2003 12:00 PM
Godwin Mfg Co Inc and McClain Industries Inc announced that Godwin has reached an agreement in principle to acquire essentially all the operating assets of McClain Galion in Winesburg, OH. The transaction is expected to close on or before Sept. 5, subject to the satisfaction of certain conditions. "We are very excited about the opportunity to acquire McClain Galion," said James P. "Pat" Godwin, president and CEO. "The name Galion is one of the oldest and most recognized in the industry. We look forward to continuing the Galion tradition of manufacturing high quality dump body product and proving topnotch customer servicer. The strengths of Godwin Mfg, R/S Truck Body and McClain Galion offer significant synergistic opportunities, which will allow us to offer the highest quality product and service at the most competitive price." The combination of Godwin Mfg Co Inc, R/S Body Co, LLC, Galion Dump Bodies, LLC, and Godwin & Gonzales Specialty Equipment Co Inc will enable Godwin to compete in all 48 contiguous states and the Commonwealth of Puerto Rico. Godwin Mfg Co Inc is based in Dunn, NC. It started in 1966 as Godwin Welding Service and 13 years later became Godwin Mfg Co. It offers a complete line of flatbeds, hoists, and contractor beds, and is involved in the municipal contract business. Previous purchases include R/S Truck Body Inc of Allen, KY.
