Federal Signal (US:FSS) Prnewswire·2025-11-26 13:00Core Insights - Federal Signal Corporation has completed the acquisition of Scranton Manufacturing Company LLC, known as New Way Trucks, a prominent U.S. designer and manufacturer of refuse collection vehicles [1][2] - The acquisition is expected to enhance Federal Signal's Environmental Solutions Group, leveraging New Way's market position and reputation for quality [2] - Federal Signal has raised its full-year 2025 net sales outlook to a range of $2.12 billion to $2.16 billion, up from $2.10 billion to $2.14 billion, and adjusted EPS outlook to $4.12 to $4.20, from $4.09 to $4.17 [2] Acquisition Details - New Way has a backlog exceeding $100 million, providing visibility into the first half of the next year [2] - The acquisition is anticipated to be neutral to adjusted EPS in 2025, with expected accretion of $0.40 to $0.45 in EPS by 2028, alongside annual run-rate synergies of $15 million to $20 million [2] Company Overview - Federal Signal Corporation, founded in 1901, is a global leader in designing and manufacturing products for municipal, governmental, industrial, and commercial customers [3] - The company operates two main groups: Environmental Solutions and Safety and Security Systems, with headquarters in Downers Grove, Illinois [3]