STEMCO, an EnPro Industries company, announced the sale of their Goodyear licensed air springs product line. This last step to reorganize its product portfolio allows STEMCO to fully refocus its resources and capital on innovating the core product offering of wheel end and Kaiser products and solutions. STEMCO, the manufacturer of the Goodyear licensed air spring product line has sold the business and the Super Cushion and Spring Ride brands to Turnspire Capital Partners.
“The air spring line has been a tremendous product offering for STEMCO, and we know that we are leaving the customer base and employees in good hands,” said Eric Vaillancourt, president, STEMCO. “This decision signals the completion of our recent reorganization efforts, and we look confidently to the future of STEMCO, where we will continue to innovate, engineer, and manufacture products of the highest quality.”
The sale is pending Mexican government antitrust approval, and STEMCO will continue to service the air spring business through a transition services agreement for the foreseeable future.
Are you aware of the hidden costs lurking behind ignored maintenance? This eBook reveals how neglecting upkeep can inate repair bills, induce downtime, and harm reliability. ...
Are your KPIs driving real fleet improvement? Learn how to set smarter, data-driven benchmarks, track success like top-performing fleets, and apply proven strategies to optimize...
Fullbay's fifth annual State of Heavy-Duty Repair compiles insights from almost 1,000 experts and over 3,500 shops. If you aren't leveraging these proven data points, your competition...
Quality body repairs on medium- and heavy-duty trucks depend on the use of specialized adhesives, sealers, and other allied materials. Unfortunately, many shops face challenges...
