Wabash National Selling Beall Tank Trailers insideindianabusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insideindianabusiness.com Daily Mail and Mail on Sunday newspapers.
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Beall tank trailers will continue operations under MAC Trailer Enterprises Inc.
LAFAYETTE, Ind., Dec. 16, 2020 (GLOBE NEWSWIRE) Wabash National Corporation (NYSE:WNC) today announced its intent to sell the Beall brand of tank trailers and associated assets to MAC Trailer Enterprises Inc. Beall specializes in aluminum tank trailers for the petroleum and dry bulk markets. The sale of Beall Tank Trailers represents another tangible step in our work to optimize asset efficiency and focus our growth efforts on markets with scalable opportunities, said Mike Pettit, senior vice president and chief financial officer. We plan to reallocate resources to support continued innovation across our product portfolio, as well as strategic growth in parts and services, cold chain and home delivery markets.