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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