Federal Signal Acquires New Way Trucks (Scranton Manufacturing)
November 26, 2025
Federal Signal Corporation completed the acquisition of Scranton Manufacturing Company LLC, doing business as New Way Trucks, adding a leading U.S. refuse-collection vehicle manufacturer to its Environmental Solutions Group. Federal Signal said New Way brings over $100 million backlog and more than 750 employees, and the company expects to leverage its specialty vehicle platform and aftermarket opportunities to drive growth and margin improvement.
- Buyers
- Federal Signal Corporation
- Targets
- Scranton Manufacturing Company LLC (d/b/a New Way Trucks)
- Industry
- Manufacturing
- Location
- Iowa, United States
- Transaction Type
- Buyout
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