Freightliner To Sell American LaFrance
Posted on September 8, 2005Freightliner LLC announced it intends to sell its American LaFrance (ALF) fire and emergency services manufacturing business unit. Based in Ladson S.C., American LaFrance was acquired by the Freightliner organization in 1995 as part of a corporate expansion. American LaFrance is the country's fifth largest fire and emergency services vehicle producer with a heritage dating back 173 years. It currently operates six manufacturing facilities and five owned dealer locations across the U.S. and has a workforce of approximately 1200 hourly and salaried employees.
Freightliner LLC President and CEO Chris Patterson said that as part of DaimlerChrysler, Freightliner continuously reviews its product portfolio and business operation. As as part of that review, it determined that the fire apparatus business will not continue as a core business of the group in future. He added that “we have been in discussion with a number of parties who have an interest in acquiring the assets of ALF and several organizations have emerged as likely investors. Further details will be released as we near a final deal."
He went on to say that while the successful buyer would be expected to acquire ALF's manufacturing and distribution infrastructure, the 460,000 sq. ft. Ladson facility was not part of the sale and would remain a DaimlerChrysler asset. Edit Module