Jorden Industries, the ownership group of Minden, Louisiana-based Clement Industries, owner of Clement Trailers and Hilbilt Trailers, has acquired Summit Trailer Sales Inc.
Based in Summit Station, Pennsylvania, and established in 1970, Summit Trailer Sales sells aluminum and steel trailers, dump bodies and parts.
“We are excited to add the Summit Trailers brand to our inventory of dump trailer companies and to see how our manufacturing, sales and marketing teams can grow the Summit, Clement and Hilbilt brands in areas where neither has a significant presence,” Jorden Industries chairman Jamey McMahon says.
Clement Industries aims to elevate its market position by leveraging Summit Trailer Sales’ experience and customer relationships. Clement Industries President Stuart Swint says the acquisition of Summit Trailer Sales was a strategic move in line with Clement Industries’ dedication and commitment to its customers.
“The perpetuation of my father's dream of Summit Trailer Sales Inc. has been a long-time consideration of mine,” Summit Trailer Sales President and CEO Chuck Pishock says. “My company has been and always will be family.
“Jamey McMahon coming into the picture with Clement is the perfect combination for all of us. This marriage will continue as a family, and I am personally overwhelmed by the future growth opportunities of Summit Trailer."
The acquisition was facilitated by Benchmark International.