Truck Parts and Service

January 2017

Truck Parts and Service | Heavy Duty Trucking, Aftermarket, Service Info

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6 Industry Focus Stoughton Rental and Leasing Compa- ny, LLC, has opened its doors on a new location in suburban Dallas. Valley Freightliner celebrated its 30 th anniversary last year. The company also announces ten of its Washington and Oregon facilities have rebranded as Freightliner Northwest. Wabash National Corporation has added Maudlin International to its dealer network. BestDrive, LLC, a commercial tire dealer and retreader, has opened a new loca- tion in Indianapolis, Ind. Great Dane full-service dealer, Cen- tral Valley Trailer Repair (CVTR), has opened a new, state-of-the-art facility in Fresno, Calif. Eddie's Truck Center announces its Rap- id City and Fort Pierre, S.D., facilities have been named Elite Support certifi ed locations. Sister company Floyd's Truck Center also announces its Scottsbluff and Sidney, Neb., and Cheyenne, Wyo., facilities are now Elite Support certifi ed. Old River Truck Sales has acquired three dealerships in southern Louisiana. Wiers Fleet Partners has opened a new service center in Louisville, Ky. McCoy Freightliner's Portland and Salem, Ore., locations have been Elite Support re-certifi ed. The Larson Group (TLG) Peterbilt is rolling out a mobile messaging plat- form, which will enable customers to instantly connect with dealers via chat or text. T R U C K P A R T S & S E R V I C E | J a n u a r y 2 0 1 7 Dealer News Kenworth Truck Centres of Ontario recently opened a new 40,000-sq.-ft.-facility in Cambridge, Ontario, to replace its former Kitchener dealership. Kenworth of Effi ngham has opened a new 21,000-sq.-ft. full-service dealership. MHC Kenworth has relocated its full-service dealership in Ardmore, Okla. Parker-Hannifi n Purchases CLARCOR Parker-Hannifi n has acquired CLAR- COR, parent company of Baldwin Filters, for $4.3 billion. First reported by Bloomberg last month, the move is Parker-Hannifi n's largest acquisition ever, and the cash offer of $83 per share was an 18 percent premium over CLARCOR's closing NYSE price from the date before the acquisition. "We know this company very well. We operate in the same space," said Thomas Williams, Parker CEO, during a conference call. Williams also mentioned CLARCOR's aftermarket presence as a positive to the acquisition. "[It] makes our company much more resilient and less volatile to the business cycle," he said.

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