Developer docs
API playgroundTry for free, no card

Search company profiles

New Way Trucks

Full company profile

uuid0003wlw

Namestring
New Way Trucks
Legal namestring
New Way Trucks
Company typeenum
Private
Founded yearint
1971
Short descriptiontext

New Way Trucks is a U.S. manufacturer of automated side loaders, front loaders, and rear loaders serving municipal waste departments, private haulers, and national fleet operators across North America. It distributes through a 35-dealer network and Sourcewell cooperative contracts, and operates as a wholly-owned subsidiary of Federal Signal Corporation following its late-2025 acquisition.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersScranton, United States
HQ citystring
Scranton
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices4 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
refuse truck manufacturing, automated side loaders, waste collection vehicles, front loader trucks, rear loader trucks
Industry3 codes
1Vocational/Work Truck Manufacturing (Dump/Refuse/Mixer/Utility)
CodeIMACABAFPrimaryYes
2Truck Body & Upfit Manufacturing (Box/Dump/Service/Refuse)
CodeIMACAGACPrimaryNo
3Truck Body & Upfitting Manufacturing (Box Bodies/Service Bodies/Cranes/Liftgates)
CodeIMACABAIPrimaryNo
NAICS code3 codes
  • Motor Vehicle Body Manufacturing336211
  • Motor Vehicle Body and Trailer Manufacturing33621
  • Heavy Duty Truck Manufacturing33612
SIC code2 codes
  • Truck & Bus Bodies3713
  • Construction, Mining & Materials Handling Machinery & Equip3530
Product category
Refuse Truck Manufacturing
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model1 record
1Refuse Truck Manufacturing and Sales
TypeHardware Sales
Description

New Way manufactures high-quality refuse equipment bodies that mount to commercial OEM chassis. The company generates revenue through the sale of refuse trucks including automated side loaders, front loaders, and rear loaders. Revenue is one-time hardware sales with additional revenue from aftermarket parts and service.

newwaytrucks.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales
Pricing details1 tier
1Custom quote-based pricing for refuse collection vehicles
ModelOtherBilling cadenceMulti-year contract
Notes

Pricing varies by truck model, configuration, and customization options. Municipal and public sector customers can procure through Sourcewell cooperative purchasing contracts for streamlined procurement.

newwaytrucks.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 12 records shown
1Mammoth® Series
Description

Front loader refuse truck series for commercial waste collection

newwaytrucks.com
+11 more records
Core offering1 text field

New Way Trucks designs, manufactures, and sells refuse collection vehicles including automated side loaders (Sidewinder, ROTO-PAC, Wolverine), front loaders (Mammoth series), and rear loaders (Cobra family, Viper, Diamondback). The company produces equipment bodies mounted to commercial OEM chassis and supports them through a network of 35 dealers across North America along with OEM replacement parts.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • Cycle times reduced by 20% on Sidewinder arm through hydraulic upgrades
+3 more records
Product overview1 text field

New Way Trucks is a U.S.-based manufacturer of refuse collection vehicles offering three main product lines: Automated Side Loaders (ASL) including the Sidewinder®, ROTO-PAC®, and Wolverine™; Front Loaders including the Mammoth® Series and Mammoth Western Series™; and Rear Loaders including the Cobra® family (Cobra Magnum®, King Cobra®, Cobra® HC, Cobra®, Viper®) and Diamondback®. The company also provides genuine parts and service support through its distributor network. New Way operates as a subsidiary of Federal Signal Corporation following its acquisition in late 2025.

Product and service12 records
1Mammoth® Series
CategoryFront Loader
Description

Heavy-duty front loader refuse truck built for high-volume commercial and industrial waste collection routes.

2Mammoth Western Series™
CategoryFront Loader
Description

Front loader variant designed for western U.S. markets and applications with the same heavy-duty commercial collection capabilities as the Mammoth series.

3Cobra Magnum®
CategoryRear Loader
Description

High-capacity rear loader refuse truck designed for rugged commercial and municipal waste collection applications.

4King Cobra®
CategoryRear Loader
Description

Premium rear loader refuse truck offering enhanced performance and durability for demanding waste collection routes.

5Cobra® HC
CategoryRear Loader
Description

High-compaction rear loader designed for maximizing payload capacity on commercial and municipal collection routes.

6Cobra®
CategoryRear Loader
Description

Standard rear loader refuse truck offering reliable performance for municipal and private waste collection operations.

7Viper®
CategoryRear Loader
Description

Rear loader refuse truck designed for efficient residential and commercial waste collection with proven durability.

8Diamondback®
CategoryRear Loader
Description

Compact, affordable rear loader with a low load-sill threshold, compaction rate of 800-1,000 lb per cubic yard, and available in 6 and 8 cubic yard capacities.

9Sidewinder®
CategoryAutomated Side Loader
Description

Flagship automated side loader featuring the industry's strongest and smoothest frame-mounted arm with a 12-foot reach, designed for single-operator residential route efficiency with 20% faster cycle times.

10ROTO-PAC®
CategoryAutomated Side Loader
Description

First auger-driven dual-purpose side loader in North America, offering the highest payload of any automated side loader with a self-cleaning auger and liquid-tight hopper for both organics and municipal solid waste collection.

11Wolverine™
CategoryAutomated Side Loader
Description

Compact automated side loader in an under-CDL (Class 6) package for tight routes, campuses, and gated communities, enabling easier driver training and fleet expansion with full automation capabilities.

12New Way Genuine Parts
CategoryParts & Service
Description

OEM replacement parts manufactured to ensure optimal fit and function with New Way refuse trucks, including the New Way True Fit™ collaboration program with premium suppliers.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

New Way Trucks is a Sourcewell-certified partner, enabling public agencies and municipalities to procure New Way refuse trucks and parts through Sourcewell cooperative purchasing contracts. This partnership streamlines the procurement process for government customers.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Seller of New Way Trucks to Federal Signal Corporation. McLaughlin Family Companies Inc. was the previous owner of New Way Trucks before the acquisition closed in Q4 2025.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Heil is one of the largest North American manufacturers of refuse collection vehicle bodies (front loaders, rear loaders, side loaders) and is a direct competitor to New Way across essentially every product category New Way sells. Both serve the same municipal and private hauler customer base with similar vocational truck bodies.

TypeDirect peer
Description

McNeilus is a leading U.S. refuse body manufacturer, particularly dominant in front loaders, and competes head-to-head with New Way's Mammoth series. As part of Oshkosh, it has access to greater scale, capital, and chassis integration than New Way.

TypeDirect peer
Description

Labrie is a Canadian-based manufacturer of refuse and recycling collection vehicles offering side, front, and rear loaders that directly overlap with New Way's product portfolio. Strong in North American municipal markets, making it one of the most direct cross-border competitors.

TypeDirect peer
Description

Curbtender manufactures a full line of refuse collection bodies (Sidewinder competitor, front loaders, rear loaders) and competes directly with New Way in the ASL and other refuse body segments for U.S. municipal and private fleet customers.

TypeDirect peer
Description

Bridgeport Manufacturing builds a range of refuse and recycling bodies, including side loaders and front loaders, serving similar municipal and private hauler customers. It is a smaller but direct competitor in the U.S. vocational refuse body market.

TypeDirect peer
Description

Pak-Mor manufactures refuse collection vehicles (rear loaders, side loaders, front loaders) and competes directly with New Way's Cobra and Sidewinder product lines, primarily serving municipal and private hauler fleets.

TypeBroad incumbent
Description

Mack Trucks is a major commercial vehicle OEM with a long-standing position in the refuse and vocational truck market (Mack LR), supplying chassis to body builders like New Way while also offering integrated refuse solutions. Comparable because it sets chassis standards and competitive dynamics in the refuse segment.

TypeBroad incumbent
Description

Autocar is a U.S. specialty truck OEM focused on vocational and refuse applications, providing chassis to body builders and competing for integrated refuse truck sales. A relevant incumbent competitor in the same refuse vehicle market.

TypeBroad incumbent
Description

Peterbilt supplies Class 6-8 vocational chassis used by refuse body builders including New Way, and is a broader commercial vehicle incumbent that influences chassis pricing, availability, and standards in the refuse segment.

TypeEmerging player
Description

Wastequip is a leading North American manufacturer of waste and recycling equipment, including refuse bodies, containers, and parts. While broader than New Way, it is a relevant adjacent competitor in the refuse equipment ecosystem serving the same municipal and private hauler customers.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks1 record

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

New Way Trucks

Refuse Truck Manufacturingnewwaytrucks.com

New Way Trucks is a U.S. manufacturer of automated side loaders, front loaders, and rear loaders serving municipal waste departments, private haulers, and national fleet operators across North America. It distributes through a 35-dealer network and Sourcewell cooperative contracts, and operates as a wholly-owned subsidiary of Federal Signal Corporation following its late-2025 acquisition.

New Way Trucks firmographics

Firmographics
Name
New Way Trucks
Legal name
New Way Trucks
Website
https://newwaytrucks.com
Company type
Private
Founded year
1971
Operating status
Acquired
Headcount range
501–1,000 employees
Short description
New Way Trucks is a U.S. manufacturer of automated side loaders, front loaders, and rear loaders serving municipal waste departments, private haulers, and national fleet operators across North America. It distributes through a 35-dealer network and Sourcewell cooperative contracts, and operates as a wholly-owned subsidiary of Federal Signal Corporation following its late-2025 acquisition.
Ownership category
akta.pro rank

New Way Trucks industry classification

Industry
Product category
Refuse Truck Manufacturing
NAICS
Motor Vehicle Body Manufacturing (336211), Motor Vehicle Body and Trailer Manufacturing (33621), Heavy Duty Truck Manufacturing (33612)
SIC
Truck & Bus Bodies (3713), Construction, Mining & Materials Handling Machinery & Equip (3530)
akta.pro primary industry
Vocational/Work Truck Manufacturing (Dump/Refuse/Mixer/Utility) (IMACABAF)
akta.pro secondary industries
Truck Body & Upfit Manufacturing (Box/Dump/Service/Refuse) (IMACAGAC), Truck Body & Upfitting Manufacturing (Box Bodies/Service Bodies/Cranes/Liftgates) (IMACABAI)

Keywords

  • Refuse truck manufacturing
  • Automated side loaders
  • Waste collection vehicles
  • Front loader trucks
  • Rear loader trucks

Where New Way Trucks is headquartered

Location

Headquarters

HQ city
Scranton
HQ country
United States
HQ region
North America

Offices4 records

Markets served

New Way Trucks business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Personnel, Operations, Infrastructure, Marketing or Sales

Revenue model

  1. Refuse Truck Manufacturing and Sales: New Way manufactures high-quality refuse equipment bodies that mount to commercial OEM chassis. The company generates revenue through the sale of refuse trucks including automated side loaders, front loaders, and rear loaders. Revenue is one-time hardware sales with additional revenue from aftermarket parts and service.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractCustom quote-based pricing for refuse collection vehicles

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

New Way Trucks product offering

Product offering

Core offering

New Way Trucks designs, manufactures, and sells refuse collection vehicles including automated side loaders (Sidewinder, ROTO-PAC, Wolverine), front loaders (Mammoth series), and rear loaders (Cobra family, Viper, Diamondback). The company produces equipment bodies mounted to commercial OEM chassis and supports them through a network of 35 dealers across North America along with OEM replacement parts.

Product overview

New Way Trucks is a U.S.-based manufacturer of refuse collection vehicles offering three main product lines: Automated Side Loaders (ASL) including the Sidewinder®, ROTO-PAC®, and Wolverine™; Front Loaders including the Mammoth® Series and Mammoth Western Series™; and Rear Loaders including the Cobra® family (Cobra Magnum®, King Cobra®, Cobra® HC, Cobra®, Viper®) and Diamondback®. The company also provides genuine parts and service support through its distributor network. New Way operates as a subsidiary of Federal Signal Corporation following its acquisition in late 2025.

Differentiator

Problem solved

Functional benefit

Brands

  • Mammoth® Series: Front loader refuse truck series for commercial waste collection
  • Mammoth Western Series™
  • ROTO-PAC®
  • Sidewinder®
  • Wolverine™
  • Cobra®
  • Cobra Magnum®
  • Cobra® HC
  • King Cobra®
  • Viper®
  • Diamondback®
  • New Way True Fit™

Products and services

  • Mammoth® Series Heavy-duty front loader refuse truck built for high-volume commercial and industrial waste collection routes.
  • Mammoth Western Series™ Front loader variant designed for western U.S. markets and applications with the same heavy-duty commercial collection capabilities as the Mammoth series.
  • Cobra Magnum® High-capacity rear loader refuse truck designed for rugged commercial and municipal waste collection applications.
  • King Cobra® Premium rear loader refuse truck offering enhanced performance and durability for demanding waste collection routes.
  • Cobra® HC High-compaction rear loader designed for maximizing payload capacity on commercial and municipal collection routes.
  • Cobra® Standard rear loader refuse truck offering reliable performance for municipal and private waste collection operations.
  • Viper® Rear loader refuse truck designed for efficient residential and commercial waste collection with proven durability.
  • Diamondback® Compact, affordable rear loader with a low load-sill threshold, compaction rate of 800-1,000 lb per cubic yard, and available in 6 and 8 cubic yard capacities.
  • Sidewinder® Flagship automated side loader featuring the industry's strongest and smoothest frame-mounted arm with a 12-foot reach, designed for single-operator residential route efficiency with 20% faster cycle times.
  • ROTO-PAC® First auger-driven dual-purpose side loader in North America, offering the highest payload of any automated side loader with a self-cleaning auger and liquid-tight hopper for both organics and municipal solid waste collection.
  • Wolverine™ Compact automated side loader in an under-CDL (Class 6) package for tight routes, campuses, and gated communities, enabling easier driver training and fleet expansion with full automation capabilities.
  • New Way Genuine Parts OEM replacement parts manufactured to ensure optimal fit and function with New Way refuse trucks, including the New Way True Fit™ collaboration program with premium suppliers.

Quantifiable outcome

  • Cycle times reduced by 20% on Sidewinder arm through hydraulic upgrades
  • +3 more outcomes

Companies that use New Way Trucks

Customer profile

Named customers3 records

Segments3 records

Ideal customer profiles3 records

New Way Trucks technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

New Way Trucks partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core.

  • SourcewellcoreChannel Partner/ Reseller/ DistributorNew Way Trucks is a Sourcewell-certified partner, enabling public agencies and municipalities to procure New Way refuse trucks and parts through Sourcewell cooperative purchasing contracts. This partnership streamlines the procurement process for government customers.
  • McLaughlin Family Companies Inc.coreStrategic or Co-development PartnerSeller of New Way Trucks to Federal Signal Corporation. McLaughlin Family Companies Inc. was the previous owner of New Way Trucks before the acquisition closed in Q4 2025.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

New Way Trucks competitors and assessment

Company assessment

Direct peers

  • Heil (Dover Environmental Solutions): Heil is one of the largest North American manufacturers of refuse collection vehicle bodies (front loaders, rear loaders, side loaders) and is a direct competitor to New Way across essentially every product category New Way sells. Both serve the same municipal and private hauler customer base with similar vocational truck bodies.
  • McNeilus (Oshkosh Corporation): McNeilus is a leading U.S. refuse body manufacturer, particularly dominant in front loaders, and competes head-to-head with New Way's Mammoth series. As part of Oshkosh, it has access to greater scale, capital, and chassis integration than New Way.
  • Labrie Environmental Group: Labrie is a Canadian-based manufacturer of refuse and recycling collection vehicles offering side, front, and rear loaders that directly overlap with New Way's product portfolio. Strong in North American municipal markets, making it one of the most direct cross-border competitors.
  • Curbtender (J.E. Miller): Curbtender manufactures a full line of refuse collection bodies (Sidewinder competitor, front loaders, rear loaders) and competes directly with New Way in the ASL and other refuse body segments for U.S. municipal and private fleet customers.
  • Bridgeport Manufacturing: Bridgeport Manufacturing builds a range of refuse and recycling bodies, including side loaders and front loaders, serving similar municipal and private hauler customers. It is a smaller but direct competitor in the U.S. vocational refuse body market.
  • Pak-Mor (REV Group): Pak-Mor manufactures refuse collection vehicles (rear loaders, side loaders, front loaders) and competes directly with New Way's Cobra and Sidewinder product lines, primarily serving municipal and private hauler fleets.

Broad incumbents

  • Mack Trucks (Volvo Group): Mack Trucks is a major commercial vehicle OEM with a long-standing position in the refuse and vocational truck market (Mack LR), supplying chassis to body builders like New Way while also offering integrated refuse solutions. Comparable because it sets chassis standards and competitive dynamics in the refuse segment.
  • Autocar (Greenbriar Equity Group): Autocar is a U.S. specialty truck OEM focused on vocational and refuse applications, providing chassis to body builders and competing for integrated refuse truck sales. A relevant incumbent competitor in the same refuse vehicle market.
  • Peterbilt Motors (PACCAR): Peterbilt supplies Class 6-8 vocational chassis used by refuse body builders including New Way, and is a broader commercial vehicle incumbent that influences chassis pricing, availability, and standards in the refuse segment.

Emerging players

  • Wastequip: Wastequip is a leading North American manufacturer of waste and recycling equipment, including refuse bodies, containers, and parts. While broader than New Way, it is a relevant adjacent competitor in the refuse equipment ecosystem serving the same municipal and private hauler customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks1 record

Key highlights6 records

Customer concentration

New Way Trucks social profiles

Digital presence

New Way Trucks financial estimates

Financial estimate

Revenue estimate

Valuation estimate

New Way Trucks leadership team

Management profile

Number of profiles

Profiles1 record

New Way Trucks funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

New Way Trucks M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about New Way Trucks

What does New Way Trucks do?

New Way Trucks designs, manufactures, and sells refuse collection vehicles including automated side loaders (Sidewinder, ROTO-PAC, Wolverine), front loaders (Mammoth series), and rear loaders (Cobra family, Viper, Diamondback). The company produces equipment bodies mounted to commercial OEM chassis and supports them through a network of 35 dealers across North America along with OEM replacement parts.

Is New Way Trucks a public or private company?

New Way Trucks is a private company. It is classified as corporate owned and is currently acquired.

When was New Way Trucks founded?

New Way Trucks was founded in 1971. It employs 501 to 1,000 people.

Where is New Way Trucks based?

New Way Trucks is headquartered in Scranton, United States, in the North America region.

How does New Way Trucks make money?

One revenue line is on record: refuse Truck Manufacturing and Sales.

Who are New Way Trucks's main competitors?

Direct peers on record are Heil (Dover Environmental Solutions), McNeilus (Oshkosh Corporation), Labrie Environmental Group, Curbtender (J.E. Miller), Bridgeport Manufacturing and Pak-Mor (REV Group). Broad incumbents are Mack Trucks (Volvo Group), Autocar (Greenbriar Equity Group) and Peterbilt Motors (PACCAR). Wastequip is listed as an emerging player.

Does New Way Trucks have an API?

No public API is recorded for New Way Trucks.

What industry is New Way Trucks in?

New Way Trucks's product category is Refuse Truck Manufacturing. Its primary akta.pro industry code is IMACABAF, Vocational/Work Truck Manufacturing (Dump/Refuse/Mixer/Utility), with a secondary code of IMACAGAC, Truck Body & Upfit Manufacturing (Box/Dump/Service/Refuse). Its NAICS code is 336211 and its SIC code is 3713.

Unlock the full company data

50 free credits on sign-up, no credit card required.

Contact sales
Live signals
YahooFederal Signal Completes Acquisition of New Way Trucks; Raises Full-Year 2025 OutlookFederal Signal Corporation completed its acquisition of Scranton Manufacturing Company LLC d/b/a New Way Trucks, a leading U.S.-based designer and manufacturer of refuse collection vehicles with over 750 employees and a current backlog exceeding $100 million. Following the completion, Federal Signal raised its full-year 2025 net sales outlook to $2.12–$2.16 billion and increased its adjusted EPS outlook to $4.12–$4.20. The company expects the transaction to be neutral to EPS in 2026 and accretive by $0.40–$0.45 per share in 2028, with anticipated annual run-rate synergies of $15–$20 million.PR NewswireFederal Signal Completes Acquisition of New Way Trucks; Raises Full-Year 2025 OutlookFederal 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 with over 750 employees and a backlog exceeding $100 million. Following the completion, Federal Signal raised its full-year 2025 net sales outlook to $2.12–$2.16 billion and its adjusted EPS outlook to $4.12–$4.20, reflecting the expected contribution from the acquired business. The company expects the transaction to be accretive to EPS by $0.40–$0.45 in 2028, including anticipated annual run-rate synergies of $15–20 million substantially realized by the end of 2028.PR NewswireFederal Signal Reports Third Quarter Results Including 17% Net Sales Growth and 24% Operating Income Improvement; Raises Full-Year OutlookFederal Signal Corporation reported strong third quarter 2025 financial results with net sales of $555 million, up 17% year-over-year, and operating income of $94 million, up 24% from the prior-year quarter. The company raised its full-year adjusted EPS outlook to $4.09–$4.17 and its net sales outlook to $2.10–$2.14 billion. Additionally, Federal Signal entered into a new $1.5 billion credit facility and announced the acquisition of Scranton Manufacturing Company Inc. (New Way) for $396 million with expected closing in Q4 2025.MarketScreenerFederal Signal Corporation entered into an Equity Purchase Agreement to acquire New Way Trucks from Mclaughlin Family Companies Inc. for approximately $480 million.Federal Signal Corporation has entered into an Equity Purchase Agreement to acquire New Way Trucks from Mclaughlin Family Companies Inc. for approximately $480 million. The acquisition represents Federal Signal's strategy to scale up through acquisitions in the environmental and municipal equipment space. New Way Trucks, which operates under the Mclaughlin Family Companies Inc. umbrella, specializes in sewer cleaner and industrial vacuum loader manufacturing.PR NewswireFederal Signal to Acquire New Way Trucks; Expand Specialty Vehicle Platform into Refuse Collection VehiclesFederal Signal Corporation announced a definitive agreement to acquire Scranton Manufacturing Company Inc. d/b/a New Way Trucks, a leading U.S.-based designer and manufacturer of refuse collection vehicles, for an initial purchase price of $396 million, plus $30 million for manufacturing facilities and associated real estate in Iowa and Mississippi, with a potential earn-out of up to $54 million based on financial targets over two years. The acquisition, representing approximately 11x projected 2026 EBITDA and 7x projected 2028 EBITDA, will be financed with cash on hand and credit facility availability, with pro-forma net debt leverage expected below 1.5x upon completion. The company expects the transaction to close in Q4 2025 pending regulatory approval, be neutral to EPS in 2026, and accretive by $0.40-$0.45 per share in 2028 with anticipated annual run-rate synergies of $15-$20 million.Investing.comFederal Signal to acquire New Way Trucks for $396 million By Investing.comFederal Signal Corporation announced the signing of a definitive agreement to acquire New Way Trucks for an initial purchase price of $396 million plus $30 million for manufacturing facilities in Iowa and Mississippi, with a potential contingent earn-out of up to $54 million based on two-year financial targets. The transaction, expected to close in Q4 2025, establishes a new vertical within Federal Signal's specialty vehicle portfolio and expands the company into the waste and recycling industry, with anticipated EPS accretion of $0.40–$0.45 in 2028 and annual run-rate synergies of $15–20 million. New Way Trucks, a family-owned manufacturer of automated side loaders, rear loaders, and front loaders, employs more than 750 people and will join Federal Signal following the acquisition.