LEBANON, IN, Oct. 30, 2017 – Transtex LLC and Transtex Composite Inc. (together “Transtex”), a leader in the development and manufacturing of aerodynamic solutions for commercial vehicles in transportation, announced today the acquisition of RM2J Inc., a developer of fleet safety technology that enhances both fuel economy and vehicle safety. Completed on July 14, […]
BorgWarner Completes Acquisition of Sevcon
AUBURN HILLS, Mich., Sept. 28, 2017 — BorgWarner announced today that it has finalized its acquisition of Sevcon, Inc. (Sevcon). A global player in electrification technologies, Sevcon complements BorgWarner’s power electronics capabilities utilized to provide electrified propulsion solutions. Sevcon’s annual sales for 2017 are expected to be approximately $60 million. The acquisition is expected […]
TransForce, Inc. Acquires Driving Ambition, headquartered in Indiana
ALEXANDRIA, Va., Sept. 2017 — TransForce, Inc., the nation’s leading workforce management firm specializing in commercial truck drivers, has acquired the assets of Driving Ambition. Driving Ambition is the leading regional provider of high-quality commercial truck drivers serving the Central United States with operations in Indiana, Ohio, Kentucky, Tennessee, Missouri and Michigan. “Driving Ambition is another perfect acquisition for us. Like […]