by Admin, on Jan 5, 2016 12:00:00 AM
by Admin, on Jan 5, 2016 12:00:00 AM
Oak Brook, Illinois, January 5, 2016 ‒ Federal Signal Corporation (NYSE:FSS), a leader in environmental and safety solutions, today announced that it has closed the previously announced transaction to purchase Westech Vac Systems, Ltd. (“Westech”), a Canadian manufacturer of high-quality, rugged vacuum trucks.
Westech products are designed for extreme environmental conditions and are certified to Transport Canada safe-transportation standards, which are comparable to U.S. Department of Transportation standards. Federal Signal expects the acquisition to contribute revenues of approximately CAD$10 million in 2016 and to be accretive by 2017. Westech will continue to operate in Nisku, Alberta, Canada as part of Federal Signal’s Environmental Solutions Group. For more information about Westech, visit: http://www.westechvac.com.
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Contact: Ian Hudson, Chief Financial Officer, +1-630-954-2000,
IHudson@federalsignal.com
1415 West 22nd Street Suite 1100
Oak Brook, IL 60523
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