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May 31, 2006
Labrie Equipment Ltd. announced today that it has finalized the purchase of the Leach refuse truck product lines from Federal Signal Corp. (FSC). On Aug. 1, Labrie will assume control of intellectual properties, specific inventories and equipment related to the Leach lines. According to a Labrie press release, the agreement also covers FSC’s parts business, which Labrie will acquire on Jan. 1st, 2007.
The transition “positions Labrie as a top-tier North American leader in waste management equipment, in line with our corporate strategy to consolidate our offering within the solid waste management equipment industry,” says Claude Boivin, president of Labrie.
The company plans to begin production of rear loaders and new front loaders during the last quarter of 2006, integrating the Leach product lines.
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