Federal Signal to Acquire New Way Trucks, Expanding Specialty Vehicle Platform into Refuse Collection Market

Reuters

09/25

Federal Signal to Acquire New Way Trucks, Expanding Specialty Vehicle Platform into Refuse Collection Market

Federal Signal Corporation announced that it has signed a definitive agreement to acquire Scranton Manufacturing Company Inc., doing business as New Way Trucks, for an initial purchase price of $396 million. The deal also includes an additional $30 million for New Way's manufacturing facilities and real estate rights in Iowa and Mississippi, as well as a contingent earn-out of up to $54 million based on the achievement of specified financial targets over two years. Federal Signal stated that the acquisition strengthens its position in the environmental and safety solutions market and establishes a new growth vertical within its Environmental Solutions Group. The company expects the transaction to be financed through a combination of cash on hand and its credit facility, with a pro-forma net debt leverage ratio of less than 1.5x upon completion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Federal Signal Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: CG82641) on September 24, 2025, and is solely responsible for the information contained therein.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

熱議股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hant","ssrTDKData":{"titleTemplate":"%s - 老虎證券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎證券,老虎證券開戶,老虎券商,老虎證券官網,老虎證券app,tigertrade老虎證券,股票,炒股,新加坡股票交易平臺,投資,投資理財","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hant/news/2570203659"},"companyName":"老虎證券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2570203659\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2570203659?lang=zh_TW&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-09-25 06:15","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2570203659","market":"nz","top_or_hot":-1,"title":"Federal Signal to Acquire New Way Trucks, Expanding Specialty Vehicle Platform into Refuse Collection Market","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Federal Signal to Acquire New Way Trucks, Expanding Specialty Vehicle Platform into Refuse Collection Market\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Federal Signal Corporation announced that it has signed a definitive agreement to acquire Scranton Manufacturing Company Inc., doing business as New Way Trucks, for an initial purchase price of $396 million. The deal also includes an additional $30 million for New Way's manufacturing facilities and real estate rights in Iowa and Mississippi, as well as a contingent earn-out of up to $54 million based on the achievement of specified financial targets over two years. Federal Signal stated that the acquisition strengthens its position in the environmental and safety solutions market and establishes a new growth vertical within its Environmental Solutions Group. The company expects the transaction to be financed through a combination of cash on hand and its credit facility, with a pro-forma net debt leverage ratio of less than 1.5x upon completion.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Federal Signal Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: CG82641) on September 24, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Federal Signal to Acquire New Way Trucks, Expanding Specialty Vehicle Platform into Refuse Collection Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFederal Signal to Acquire New Way Trucks, Expanding Specialty Vehicle Platform into Refuse Collection Market\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-09-25 06:15</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Federal Signal to Acquire New Way Trucks, Expanding Specialty Vehicle Platform into Refuse Collection Market\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Federal Signal Corporation announced that it has signed a definitive agreement to acquire Scranton Manufacturing Company Inc., doing business as New Way Trucks, for an initial purchase price of $396 million. The deal also includes an additional $30 million for New Way's manufacturing facilities and real estate rights in Iowa and Mississippi, as well as a contingent earn-out of up to $54 million based on the achievement of specified financial targets over two years. Federal Signal stated that the acquisition strengthens its position in the environmental and safety solutions market and establishes a new growth vertical within its Environmental Solutions Group. The company expects the transaction to be financed through a combination of cash on hand and its credit facility, with a pro-forma net debt leverage ratio of less than 1.5x upon completion.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Federal Signal Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: CG82641) on September 24, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0054578231.USD","symbol_name":"BGF SYSTEMATIC SUSTAINABLE GLOBAL SMALLCAP \"A2\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250924:nNDL6LzpgR:1","article_id":"2570203659","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2570203659","pubTimestamp":1758752148,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Federal Signal Corporation announced that it has signed a definitive agreement to acquire Scranton Manufacturing Company Inc., doing business as New Way Trucks, for an initial purchase price of $396 million. The deal also includes an additional $30 million for New Way's manufacturing facilities and real estate rights in Iowa and Mississippi, as well as a contingent earn-out of up to $54 million based on the achievement of specified financial targets over two years. Federal Signal stated that the acquisition strengthens its position in the environmental and safety solutions market and establishes a new growth vertical within its Environmental Solutions Group. The company expects the transaction to be financed through a combination of cash on hand and its credit facility, with a pro-forma net debt leverage ratio of less than 1.5x upon completion.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0054578231.USD":"BGF SYSTEMATIC SUSTAINABLE GLOBAL SMALLCAP \"A2\" (USD) ACC","BK4149":"建筑机械与重型卡车","FSS":"联邦信号"},"translate_title":"联邦信号收购New Way卡车，将特种车辆平台扩展到垃圾收集市场","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FSS":0.9},"content_text":"Federal Signal to Acquire New Way Trucks, Expanding Specialty Vehicle Platform into Refuse Collection Market\n    \n\n        Federal Signal Corporation announced that it has signed a definitive agreement to acquire Scranton Manufacturing Company Inc., doing business as New Way Trucks, for an initial purchase price of $396 million. The deal also includes an additional $30 million for New Way's manufacturing facilities and real estate rights in Iowa and Mississippi, as well as a contingent earn-out of up to $54 million based on the achievement of specified financial targets over two years. Federal Signal stated that the acquisition strengthens its position in the environmental and safety solutions market and establishes a new growth vertical within its Environmental Solutions Group. The company expects the transaction to be financed through a combination of cash on hand and its credit facility, with a pro-forma net debt leverage ratio of less than 1.5x upon completion.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Federal Signal Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: CG82641) on September 24, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}