Dexter Acquires Mishawaka’s HiSpec Wheel & Tire
Elkhart-based Dexter Axle Co. has acquired HiSpec Wheel & Tire Inc. in Mishawaka. Financial terms of the deal were not disclosed.
HiSpec provides aluminum and steel wheels, tires, and other accessories to the RV, trailer and transportation industries.
“Uniting Dexter and HiSpec allows us to offer a more comprehensive line of safety related towing products to all our customers and business partners,” said Adam Dexter, president of Dexter. “We are very excited to bring the HiSpec team into the Dexter family while providing an improved product offering to our valued customers.”
HiSpec President Brad Richards says the company has worked with Dexter for 20 years.
“I feel very comfortable that we are passing the baton to a team with great integrity and experience,” said Richards. “It will be gratifying to see DexKo take HiSpec to the next level in the years to come.”
Dexter serves the utility trailer, recreational vehicle, and marine markets, among others. Dexter operates 18 manufacturing facilities and more than 30 company-owned distribution locations.