Dexter Acquires Assets from Tie Down Manufacturing DexKo Global Inc ., the global leader in highly engineered trailer running gear , chassis assemblies , and related components , is pleased to announce that Dexter has acquired the axle , brake and actuation business assets from Tie Down Engineering , Inc . (“ Tie Down ”) located in Atlanta , GA . Tie Down was founded in 1969 by Chuck MacKarvich , serving the construction , utility , industrial & marine markets . Tie Down will continue to operate ,
providing products and services from their manufactured housing , roofing , marine and industrial laser divisions .
“ By adding Tie Down ’ s axle , brake and actuation products to our marine product portfolio , we continue to improve our industry leading portfolio of customer solutions . This acquisition broadens our aftermarket offering and as all of our recent acquisitions have done , allows us further growth in adjacent areas . The DexKo team continues to work diligently to build our company and to support our “ Together is Better ” culture ,” states Fred Bentley , CEO of DexKo Global . “ I want to congratulate Chuck on the great business he built and we look forward to taking it to a new level of performance .”
“ We are excited to add the Tie Down axle , brake & actuation business to our marine product offering to better serve our customers ,” said Adam Dexter , President and CEO of Dexter . “ Our plan is to offer the best portfolio of products satisfying each of our customer ’ s needs across the market . Tie Down ’ s product offering perfectly complements Dexter ’ s prior acquisitions of UFP and Titan , providing the market and our customers with a comprehensive product portfolio meeting all their needs .”
Dean Samuelson , President of Tie Down Engineering , will continue to lead the acquired business . “ We look forward to offering Tie Down axles , brakes , and actuation to an expanded market , offering the most comprehensive marine running gear in the industry to support all of our combined customers ’ requirements ,” states Samuelson . “ Becoming part of the Dexter family will help us grow our business with the backing of the industry leader . I am confident that this will be a smooth transition for both our customers and employees .”
For more information on Dexter , please go to www . dexteraxle . com .
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