Wabash National Details Realignment
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowLafayette-based Wabash National Corp. (NYSE:WNC) has announced a realignment of one of its business units. The manufacturer says Wabash Wood Products will shift from the Diversified Products Group to the Commercial Trailer Products segment. March 2, 2015
News Release
LAFAYETTE, Ind. (February 27, 2015) – Wabash National Corporation (NYSE:WNC), a diversified industrial manufacturer and North America's leading producer of semi-trailers and liquid transportation systems, today announced a realignment of the Company's reporting segments to better leverage operational synergies across our businesses. The realignment includes transitioning Wabash Wood Products, our wood flooring operations, from its current positioning within the Diversified Products Group to inclusion within the Commercial Trailer Products segment. Wabash National will begin reporting this realignment effective with the 2014 Form 10-K filed with the Securities Exchange.
Dick Giromini, president and chief executive officer, stated, “This strategic realignment is being implemented to leverage the critical relationship between our wood flooring operations and our van trailer business, its primary customer, within Commercial Trailer Products. This revised organizational structure will help facilitate optimal decision making and ensure exceptional service for all of our customers.”
About Wabash National Corporation
Headquartered in Lafayette, Indiana, Wabash National Corporation (NYSE:WNC) is a diversified industrial manufacturer and North America's leading producer of semi trailers and liquid transportation systems. Established in 1985, the Company specializes in the design and production of dry freight vans, refrigerated vans, platform trailers, liquid tank trailers, intermodal equipment, engineered products, and composite products. Its innovative products are sold under the following brand names: Wabash National, Transcraft, Benson, DuraPlate, ArcticLite, Walker Transport, Walker Defense Group, Walker Barrier Systems, Walker Engineered Products, Brenner Tank, Beall, Garsite, Progress Tank, TST, Bulk Tank International and Extract Technology. To learn more, visit www.wabashnational.com.
Source: Wabash National Corp.