Hendrickson has strengthened its business through acquiring the motor wheel brake drum & crewson slack adjuster business segments from STEMCO and parent company EnPro Industries.
Henrickson's CEO Gary Gerstenslager says: “This acquisition will provide a platform for Hendrickson to advance our light-weight drum brake system performance and provide components that will complement our existing product portfolio.”
The business segments, based in Chattanooga, Tennessee, and Berea, Kentucky, will operate as a division of Hendrickson Truck Commercial Vehicle Systems. The Motor Wheel & Crewson names will be kept and used as a product name going forward.
Hendrickson, a Boler company, is a manufacturer and supplier of medium- and heavy-duty mechanical, elastomeric and air suspensions, integrated and non-integrated axle and brakes systems, tyre pressure control systems and auxiliary lift axles systems.