Phillips & Temro Industries acquires Arctic Fox LLC
Dec. 17, 2013
The acquisition of Arctic Fox expands PTI’s presence into fuel and hydraulic systems and the oil and gas and power sports end markets and provides a worldwide platform for growth.
Phillips & Temro Industries (PTI) announced that it has acquired Arctic Fox from North River Capital, LLC, a private equity firm in Fort Wayne, Ind.
The acquisition of Arctic Fox expands PTI’s presence into fuel and hydraulic systems and the oil and gas and power sports end markets and provides a worldwide platform for growth.
Phillips & Temro’s President and Chief Executive Officer, Butch Sumpter said “This acquisition is an outstanding development for PTI and our employees. Arctic Fox is a leading supplier of heating products, heating systems and contract manufacturing for the heavy duty truck, energy and off-road markets. We look forward to working with the Arctic Fox team to create further value for our customers, suppliers and employees.”
Are you aware of the hidden costs lurking behind ignored maintenance? This eBook reveals how neglecting upkeep can inate repair bills, induce downtime, and harm reliability. ...
Are your KPIs driving real fleet improvement? Learn how to set smarter, data-driven benchmarks, track success like top-performing fleets, and apply proven strategies to optimize...
Fullbay's fifth annual State of Heavy-Duty Repair compiles insights from almost 1,000 experts and over 3,500 shops. If you aren't leveraging these proven data points, your competition...
Quality body repairs on medium- and heavy-duty trucks depend on the use of specialized adhesives, sealers, and other allied materials. Unfortunately, many shops face challenges...
