READING, Pa., Feb. 26, 2020 /PRNewswire/ -- Reading Truck
Group announced today that it acquired substantially all of the
assets of Action Fabrication & Truck Equipment Inc. and its
affiliates (Action). Action, a current Reading distributor, is a well-established
regional manufacturer and upfitter of service utility truck bodies
and specialty truck equipment bodies, with facilities located in
Tarpon Springs, Florida. With the
addition of Action, the number of Reading's distribution and upfitting sites
increases to 12 facilities nationwide.
"We are excited to acquire the strategic assets of Action, which
will further Reading's goal to
establish a national organization for growth. The addition of these
new capabilities and location will expand Reading's presence in the South East region of
the country and broaden its product offering," said Alan Farash, President of Reading Truck Group.
"This acquisition will enable Reading to better serve its customers located
in the South East United States.
It also complements our product portfolio by adding J&B series
of truck and van bodies to Reading's current product line."
Action President and founder, Mike
Wool stated, "The combination of Action and Reading is a great fit. Joining Reading Truck
Group will be beneficial to our staff and our customers.
Reading shares our vision and is
focused on providing its customers with the highest quality trucks
in the nation."
In addition to expanding Reading's national footprint and product
portfolio, the acquisition of Action also increases Reading's chassis pool allocation and produces
a wide range of logistical service and freight benefits for
Reading customers in the
region.
"Founded in 1982, Action Fabrication & Truck Equipment
prides itself on customer service and innovation and its bodies
represent some of the most rugged, high-quality truck bodies on the
market," stated Eric McNally,
Reading Truck Equipment's Business Unit Vice President. "We look
forward to adding Action to the Reading portfolio."
ABOUT READING TRUCK
GROUP
Reading Truck Group (Reading) is a wholly-owned business unit
of J.B. Poindexter & Co., Inc. and a leading
designer, engineer, manufacturer and marketer of service/utility
truck bodies, as well as other vocational truck bodies and
related truck equipment. The company's headquarters and
manufacturing facility are located in Reading, PA but it also operates other
company-owned installation facilities under the Reading Truck
Equipment division. For additional information about Reading Truck
Group, visit readingbody.com
J.B. Poindexter & Co., Inc. is a privately-held, diversified
manufacturing company, with operating subsidiaries engaged in the
production of commercial truck and van bodies, step-vans,
service/utility truck and van bodies, funeral coaches, limousines,
pick-up truck caps and tonneau covers, precision machined
components and expandable foam plastics. For additional
information about J.B. Poindexter & Co., Inc. and its portfolio
of companies, visit jbpoindexter.com
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SOURCE Reading Truck Group