Sources: Hendrickson International, Woodridge, Ill.; CP staff
Hendrickson has acquired the heavy- and medium-duty vehicle suspension business of Mt. Vernon, Mo.-based Reyco Granning LLC through a transaction with MAT Capital LLC. “This provides a platform to expand our reach and manufacturing footprint,” says Hendrickson CEO Matt Joy. “Reyco Granning will enhance our overall product portfolio and ultimately better serve customers in the commercial vehicle industry; we look forward to promoting Reyco Granning as part of our ride solutions portfolio.” The brand will continue to operate independently under its existing name for the foreseeable future, he adds, maintaining market identity and ensuring operations and customer service continuity.
