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The American Truck Dealers (ATD) named the Kenworth T880 Vocational Truck with PACCAR MX-13 Engine as the 2015 Truck of the Year. The award was announced at the ATD Convention & Expo in San Francisco CA. Other finalists included the International WorkStar 7600 and the Peterbilt Model 567. This year’s competition focused on the vocational and heavy haul/severe duty truck category. During the competition, a panel of judges conducted test drives and evaluated each truck entry in key categories, which included innovation, design, safety, driver ergonomics, and comfort. “The Kenworth T880 establishes a new standard of excellence and builds upon Kenworth’s heritage of quality, innovation and technology to produce industry-leading, rugged and reliable vocational trucks,” said Preston Feight, Kenworth general manager. “This 2015 ATD Truck of the Year award reflects the many positive comments we have received from our customers about the T880’s outstanding performance, driver comfort and quiet cab.”

 

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Wednesday
Aug012012

Chart Industries to Acquire AirSep Corporation

Chart Industries has entered into a definitive agreement to acquire AirSep Corporation for $170 million in cash and up to $10 million in assumed debt. The transaction also includes senior management retention arrangements to ensure business continuity.

“The acquisition of AirSep is an excellent fit into Chart’s overall gas processing business,” stated Sam Thomas, Chairman, CEO and President of Chart Industries. “It strengthens our BioMedical Group’s oxygen concentrator business and provides a growth platform for on-site air separation gas generation. The acquisition also represents an attractive and stable complement to our large and rapidly growing energy business, including LNG liquefaction and transportation opportunities.”

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