Federal Signal Corporation /
Scranton Manufacturing Company LLC d/b/a New Way Trucks
Federal Signal adds New Way Trucks to its vehicle business
Source for the buyer and target: Federal Signal Corporation
For the buyer and target.
“FOR IMMEDIATE RELEASE Federal Signal Completes Acquisition of New Way Trucks; Raises Full-Year 2025 Outlook DOWNERS GROVE, Illinois, November 26, 2025 — Federal Signal Corporation (NYSE: FSS) (the “Company”), a leader in environmental and safety solutions, today announced that it has completed the acquisition of Scranton Manufacturing Company LLC d/b/a New Way Trucks (“New Way”), a leading U.S.-based designer and manufacturer of refuse collection vehicles.”
Published 1 Dec 2025
Open the sourceWhat happened
Federal Signal Corporation completed its acquisition of Scranton Manufacturing Company LLC d/b/a New Way Trucks, a U.S.-based designer and manufacturer of refuse collection vehicles. [01]
The initial purchase price was $396 million, subject to closing and post-closing adjustments. Federal Signal also paid $30 million for New Way’s manufacturing facilities and associated real estate rights in Iowa and Mississippi. [01]
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Federal Signal adds New Way Trucks to its vehicle business
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