Tramec, Maclean Crewson Merge
Apr 9, 2008 1:14 PM
Tramec Corporation of Iola, Kansas, and MacLean Crewson of Buffalo, New York, have signed a definitive agreement to merge their two businesses. The new company will be known as Tramec LLC and will be headquartered in Iola, Kansas.
Tramec LLC will be a combination of MacLean Crewson, a manufacturer of automatic and manual brake adjusters for the heavy duty tractor, trailer, and aftermarket, and Tramec Corporation, a manufacturer of air and electrical components, assemblies and their related accessories for the heavy duty tractor, trailer and aftermarket. The merger of these two companies will provide customers with expanded product offerings. The transition to Tramec LLC will be transparent to all current and future business transactions.
Said Sergio Campanini, Chairman of Tramec Corporation, "With the addition of the brake adjuster line to Tramec's product portfolio, we will be able to provide our customers with an enhanced and expanded line of product offerings backed by Tramec's 28 years of industry experience."
Barry L. MacLean, CEO and Chairman of the MacLean-Fogg Companies, commented, "The merger of MacLean Crewson and the Tramec Corporation will provide dynamic and proven products and resources to customers demanding exceptional design and outstanding performance. Their ability to provide customers with this caliber of product engineered from years of expertise is a strategic asset for the marketplace."
MacLean Crewson is owned by the MacLean-Fogg Company, which is a worldwide enterprise with 23 North American manufacturing facilities, 11 international facilities, annual sales of approximately $800 million, and a worldwide workforce of more than 2,000 people.
