Home Truck News ConMet acquires TruckWings maker TruckLabs - Truck News

ConMet acquires TruckWings maker TruckLabs – Truck News

ConMet, a part and component supplier, has acquired TruckLabs, the maker of TruckWings aerodynamic devices that close the gaps between trucks and trailers.

TruckWings deploy at highway speeds to reduce drag, improve stability, and increase a diesel truck’s fuel efficiency by 3-6% – saving over 1,100 US gallons (4,000 liters) of fuel and 15,000 pounds of carbon dioxide emissions per year, the company says. They’re also marketed as a tool to extend electric or hydrogen vehicle range.

Picture of a truck
(Photo: ConMet)

“TruckLabs’ innovative TruckWings product is an ideal addition to ConMet’s portfolio,” said John Waters, president of ConMet. “Their technology – which has been proven through 750 million logged highway miles [1.2 million km] – aligns well with our goal of providing OEMs and fleets with forward-thinking, profitable solutions to improve fuel efficiency and reduce carbon emissions.” 

“ConMet is the perfect partner to introduce our product to a wider customer base, and adds much needed scale to our manufacturing capabilities,” said Daniel Burrows, founder and CEO of TruckLabs.

Under the terms of the agreement, TruckLabs will become a wholly owned subsidiary of ConMet.


Credit: Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

World of Volvo opens to celebrate brand’s past and future – Truck News

Volvo Group has partnered with Volvo Cars in opening World of Volvo,...

Erb Group comes full circle with International’s last Lonestar – Truck News

The Erb Group has completed a full circle with the International Lonestar....

Trucking Announcements: New Canpar, Loomis president; DataDis U.S. hire – Truck News

Each week, TruckNews.com lists notable moves, promotions and awards in the trucking industry. This week,...

Zero Fatalities: Volvo’s other road to zero – Truck News

Volvo Trucks is simultaneously charting two parallel paths to zero. While its...

In-cab technology the focus of latest Truckers Gear Guide From: RoadPro – Truckers News

In-cab technology the focus of latest Truckers Gear Guide From: RoadPro  Truckers News Credit: Source link