Hendrickson acquires Stemco’s Motor Wheel, Crewson businesses
Hendrickson recently announced the acquisition of the Motor Wheel brake drum & Crewson slack adjuster business segments, from Stemco and parent company EnPro Industries. “We are excited about this acquisition and the rich American heritage of Motor Wheel. We have been working to revitalize the Motor Wheel name with a new brand mark, a tagline
Stemco announces acquisition of remaining interest in Stemco Crewson joint venture
Stemco, an EnPro Industries company, announced the acquisition of the remaining interest of the Stemco Crewson LLC joint venture from Tramec LLC. The joint venture was formed in 2009 to expand Stemco’s brake products offering to include automatic brake adjusters. The purchase of the remaining interest in the joint venture will allow Stemco to accelerate investment in