Hendrickson purchases suspension business

Suspension systems and components manufacturer, Hendrickson, has acquired a Missouri-based suspension business.

Reyco Granning and its parent, MAT Capital, specialise in building and marketing suspension solutions for heavy and medium-duty vehicles.

“We are excited about this acquisition, as it provides a platform for Hendrickson to expand our reach and manufacturing footprint,” said Hendrickson President and CEO, Matt Joy. “Reyco Granning will enhance our overall product portfolio and ultimately better serve our customers in the commercial vehicle industry. We look forward to promoting the Reyco Granning brand as part of our ride solutions portfolio.”

Reyco Granning’s primary product lines include suspension solutions for motorhomes, commercial trucks, emergency response vehicles, specialty trailers, buses and the aftermarket sector. The Reyco Granning brand will continue to operate independently under its existing name for the foreseeable future, maintaining its market identity.

In other news, SSAB has announced a new Site and Production Manager for its fossil-free facility.

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