Talbert Manufacturing has acquired fellow trailer building company Ferree Trailers, located in Liberty, North Carolina.
According to Talbert, the acquisition adds additional scope to the business and add new products to its portfolio that could take the 76-year-old-company into new market segments.
“Ferree is a strong complement to the Talbert line,” said Talbert President , Andy Tanner. “The acquisition of Ferree Trailers provides us with a wider product offering to serve our customer needs and a large, state-of-the-art manufacturing facility with quality people that offers tremendous opportunity.”
The Ferree line includes detachable, fixed and folding gooseneck trailers and tag-a-longs as well as specialty trailers such as logging, pole and crane boom trailers. These specialty trailers provide designs and market opportunities that weren’t previously part of the Talbert line.
Tanner added that Ferree’s 60,000-square-foot (5,500m2) manufacturing facility in Liberty, North Carolina, would provide new opportunities for Talbert to expand its manufacturing capabilities and get access to a distribution centre on the East Coast.
“A significant number of Talbert trailers are sold up and down the East Coast,” said Greg Smith, vice president of sales & marketing. “This new facility in North Carolina not only gives us the ability to increase production and reduce lead times, but also provides us a distribution point to access customers with reduced freight costs and delivery times. In the trailer industry, that is huge.”