“Although Wabash developed EcoNex with trailers in mind, its scalability across our portfolio is substantial,” said Brent Yeagy, president and chief executive officer. “At the end of 2021, we announced the launch of our refrigerated home delivery vehicle, and our initial backlog of $10 million for these new vehicles doubled in the following 90 days.
“What’s more, we think EcoNex has applications beyond our core markets because of its superior thermal capability, weight, and strength. Our investment to expand EcoNex capacity, which we discussed at our May investor meeting, is intended to serve our trailer and truck body customers while we scale EcoNex in adjacent industries.”
EcoNex boasts greater thermal capability while being lighter weight, and Wabash says the technology “substantially reduces” corrosion and extends asset life. This is a sustainability advantage that is additive to customers’ environmental objectives. Wabash has demonstrated the value-add properties of EcoNex with more than 30 million miles of use.