Who Owns New Way Trucks, , a Scranton, Iowa-based refuse truck manufacturer, has announced it will be expanding operations to a 152,000-square-foot facility located at 1 Wolverine Drive in Federal Signal Corporation (NYSE: FSS) ("Federal Signal" or the "Company"), a leader in environmental and safety solutions, today announced that it has signed a definitive agreement to The acquisition of New Way further strengthens Federal Signal's position as a manufacturer of leading brands of premium, value-adding products, supported by a robust New Way Trucks, an Iowa-based private manufacturer of refuse equipment, has added to its distributor network. New Way is investing $4 million to grow its manufacturing capacity in New Way Trucks, the largest privately held manufacturer of refuse and recycling equipment in North America, is locating in the former Wolverine Tube building in the New Way® Trucks | 4,597 followers on LinkedIn. Key Takeaways: Federal Signal Corporation (FSS) is set to acquire New Way Trucks for $396 million, with additional payments contingent on financial targets. , the parent company of Scranton, Iowa-based New Way Trucks, has announced leadership changes to the firm, which it calls Federal Signal acquires New Way Trucks for $396M, targeting EPS growth and $15–$20M in synergies by 2028. The New Way® Trucks management team includes Mike McLaughlin (President), Tricia McCoy (Human Resources Manager), and Don Ross (Principal - The The powerful New Way King Cobra high-compaction rear loader Under the ownership of the McLaughlin family, New Way has been transformed into an The acquisition of New Way further strengthens Federal Signal's position as a manufacturer of leading brands of premium, value-adding products, supported by a robust New Way Trucks’s Profile, Revenue and Employees. The company’s New Way Trucking is a leading trucking company founded in 2004, offering cross-border and reefer transport across North America. 7,943 likes · 199 talking about this. production facilities, serving both municipal and private-hauler New Way Trucks, a Scranton, Iowa-based refuse equipment manufacturer, recognized its top distributors during WasteExpo 2025 for sales Federal Signal to buy into growing side-loader market via New Way Trucks deal Publicly traded Federal Signal expects its purchase of the family The McLaughlin family has signed a definitive agreement to sell Iowa-based Scranton Manufacturing Co. A Federal Signal Company | New Way® Trucks, a New Way’s corporate partnership will include year-round support of the SWANA Collections and Transfer Technical Division, SWANA safety programs, 2,015 Followers, 216 Following, 744 Posts - New Way Trucks (@newwaytrucks) on Instagram: "New Way offers a full line of refuse trucks and remains focused on research, adaptability and customer Federal Signal Corporation (NYSE: FSS) said Wednesday it will acquire Scranton Manufacturing Company Inc. Family-owned and based in Scranton, Iowa, New New Way Trucks, a family-owned business, manufactures automated side loaders, rear loaders, and front loaders at its U.