New Way® Purchases K-PAC Compaction Product Line
Scranton, Iowa – Scranton Manufacturing, Inc. has continued their recent trend of growth by acquiring the K-PAC line of waste compaction units. Located in a town of roughly 700 in America’s heartland, Scranton Manufacturing is perhaps best known for their success with New Way®, a world-renowned manufacturer of garbage trucks. Scranton is an ethics based and family-owned company which continues to expand their reach in the manufacturing industry.
This will mark the second time the K-PAC line has changed hands in recent times, having been purchased by Stellar Industries in March of this year. Scranton and New Way® will purchase the entire K-PAC compaction product offering from Stellar, including self-contained and stationary compactor units. “Earlier this year Stellar expanded its product line through the acquisition of the entire K-PAC product line which added cable hoists, container carriers, compaction units and tarpers to our current line,” says David Zrostlik, President of Stellar Industries, Inc. “However, we felt our expertise lies in the hydraulic truck equipment field, and compaction was not quite the right fit for us. New Way® has years of experience in the waste market supplying refuse trucks and we feel New Way® can take this product line and give it the attention it deserves.”
Scranton now holds ownership of 6 companies. “We’ve been working on the expansion of our global market, and now we’re looking forward to expanding our product offering as well,” says Michael B. McLaughlin, President of Scranton Manufacturing and a self-described admirer of Henry Ford’s principles. He continues, “Since our beginning, Scranton Manufacturing has stood for innovation, quality, value, and customer satisfaction. By adding this new product line, we’re taking steps to build and expand New Way® into a stronger leader of waste equipment worldwide.” More can be learned about all of Scrantons product lines at their website, www.scrantonmfg.com.
Scranton Manufacturing was founded in 1971. Its New Way® products offer a full line of affordable refuse equipment which includes: front loaders, rear loaders, satellite bodies, recycling bodies, manual side and automated side loaders in sizes ranging from 6 cu. yd. to 43 cu. yd. New Way® has become a leader in the waste management industry. They have expanded to sell units internationally and have two Joint Ventures in China.