Trail King acquired by CC Industries
05 November 2010
CC Industries, Inc., in Chicago, Illinois, USA, has acquired Trail King Industries, Inc., a leading manufacturer of open deck and material hauling trailers. This acquisition continues CC Industries’ efforts to expand its portfolio of leading industrial manufacturers and transportation equipment companies, according to the company.
"Trail King is an exceptional company with a long history of excellence," said Bill Crown, president and CEO of CC Industries. "We are delighted to add Trail King to the Crown family’s portfolio of transportation equipment companies."
Trail King, with operations in Mitchell, S.D. and West Fargo, N.D., will operate as a stand-alone entity and continue to provide dealers and customers solutions for the heavy-haul transportation market, according to the press releasea. Carol Lowe will continue in her role as the company’s president.
"Carol Lowe and the entire management team have fostered a culture of continuous improvement while manufacturing the highest quality solutions in the specialized trailer industry," Crown said, "and we are excited about working with them in the future."
Trail King was also optimistic about the opportunities the acquisition provides, Lowe said. "We are very excited to join CC Industries whose proven success and management expertise will support and enhance Trail King’s long-term strategic growth," she explained. "Trail King has been, and will continue to be, the North American leader in the specialized trailer industry."
CC Industries, Inc., operates under the umbrella of Henry Crown & Company and is the holding and management company for the Crown family’s privately held operating companies, including Crown Community Development; Great Dane Trailers; Provisur Technologies; and Gillig Corporation.