Scranton Manufacturing sold to Federal Signal Corporation

Federal Signal Corporation (NYSE: FSS), a leader in environmental and safety solutions headquartered in Downers Grove, IL, announced Sept. 25 that it has signed a definitive agreement to acquire Scranton Manufacturing Company Inc. d/b/a New Way Trucks, a leading U.S.-based designer and manufacturer of refuse collection vehicles. As a family-owned business, New Way has established itself as one of the…

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