Belgrade, Montana Based TowHaul Corporation Acquired by Federal Signal

Federal Signal Corporation, a leader in environmental and safety solutions, today announced the signing of a definitive agreement to acquire substantially all the assets and operations of TowHaul Corporation (“TowHaul”), a leading manufacturer of off-road towing and hauling equipment, for cash consideration of $46.1 million, subject to post-closing adjustments. The purchase price includes the acquisition of TowHaul’s manufacturing facility in Belgrade, Montana.

For over 40 years, TowHaul has been dedicated to designing and manufacturing the most reliable, efficient and adaptable heavy-duty, off-road specialty metal extraction support equipment, including its signature front- and rear-loading lowboy trailers, multi-purpose gooseneck equipment, dragline bucket transporters, and road-conditioning trucks.