Bankrupt truck body and trailer maker sold

    June 4, 2002
    Bankrupt holding company Standard Automotive Corp. is selling off its Truck Body/Trailer division to Traffic Corp. for $13.25 million. Standard Automotive filed for Chapter 11 bankruptcy protection in March. The deal includes the sale of CPS Trailer Co., R&S Truck Body Company Inc., Ajax East and Ajax West, which are regional manufacturers of vocational truck body and trailer products. Standard Automotive
    Bankrupt holding company Standard Automotive Corp. is selling off its Truck Body/Trailer division to Traffic Corp. for $13.25 million. Standard Automotive filed for Chapter 11 bankruptcy protection in March.

    The deal includes the sale of CPS Trailer Co., R&S Truck Body Company Inc., Ajax East and Ajax West, which are regional manufacturers of vocational truck body and trailer products.

    Standard Automotive owns production facilities that manufacture aerospace, nuclear, industrial and defense products throughout North America.

    About the Author

    Sean Kilcarr | Editor in Chief

    Sean Kilcarr is a former longtime FleetOwner senior editor who wrote for the publication from 2000 to 2018. He served as editor-in-chief from 2017 to 2018.

     

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