Oak Brook, Illinois, December 11, 2015 ‒ Federal Signal Corporation (NYSE:FSS), a leader in environmental and safety solutions, today announced that it has signed a definitive agreement to sell its Bronto Skylift business to Morita Holdings Corporation (TYO: 6455) for €80 million in cash (or approximately $88 million), subject to post-closing adjustments. The transaction is subject to customary closing conditions and is expected to be completed during the first quarter of 2016. Bronto is currently the only remaining operation in Federal Signal’s Fire Rescue Group.
Oak Brook, Illinois, December 2, 2015 — Federal Signal Corporation (NYSE:FSS), a leader in environmental and safety solutions, today announced that, effective January 1, 2016, Dennis J. Martin will transition from President and Chief Executive Officer to Executive Chairman and Jennifer L. Sherman, the Company’s current Chief Operating Officer, will assume the role of President and Chief Executive Officer. Ms. Sherman will also join the Board of Directors. Current Chairman, James E. Goodwin, will become Lead Independent Director.
Oak Brook, Illinois, November 20, 2015 ‒ Federal Signal Corporation (NYSE: FSS), a leader in environmental and safety solutions, announced today that it has promoted Samuel E. Miceli to the position of Senior Vice President of its Environmental Solutions Group (ESG). ESG is a leading manufacturer and supplier of a full range of street sweeper vehicles, sewer cleaner and vacuum loader trucks, hydro-excavation trucks and high-performance waterblasting equipment.
University Park, Illinois, November 12, 2015 — Federal Signal introduces the Global Series Signaling Platform. This market anticipated product line is designed to meet requirements in hazardous atmospheres. Meeting stringent certifications, Global Series is an innovative Next Generation product line of non-metallic signals that is modular, aesthetically appealing, and lightweight in design.