LAKE CRYSTAL, MN — Truck Bodies and Equipment International (TBEI) has named Brett Hart the general manager of TBEI Lake Crystal – a company that manufactures dump bodies, hoists, and dump body accessories.
HOUSTON, TX – Truck Bodies and Equipment International (TBEI) has named Stuart Swint as general manager and president of Travis Body and Trailer.
OAK BROOKS, IL – Federal Signal Corporation is acquiring Truck Bodies and Equipment International (TBEI) – a maker of dump truck bodies and trailers — for US $270 million.
TBEI runs five manufacturing facilities through the U.S., and in the year ending March 31 it generated US $206 million in revenue. The purchase price represents 7.2 times TBEI’s earnings before interest, taxes, depreciation and amortization for the same year.
The deal strengthens Federal Signal’s position as a specialty vehicle manufacturer in maintenance and infrastructure markets, according to an announcement about the deal. It adds to the company’s existing expertise in chassis-based vehicles.
Rugby Eliminator LP dump bodies now come with standard features including LED lights and a 201 Number-4 polished finish.
New TrailMaker dump body provides the strength and durability of carbon steel while offering the lightweight benefits of aluminum