Drive Train Industries (DTI) and Inland Truck Parts & Service have signed an agreement to combine their 100 percent employee-owned companies.
This merger, which is expected to be completed this year, brings together two titans of the trucking aftermarket. Inland Truck Parts earned the first ever Truck Parts & Service Distributor of the Year award in 2002; Drive Train Industries followed in earning the title in 2003.
DTI has nine locations, with five in Colorado (Denver, Colorado Springs, Grand Junction, Ft. Collins and Greeley), three in Wyoming (Casper, Gillette and Rock Springs) and one in Albuquerque, N.M. Inland has 35 locations spread across 11 states (Montana, North Dakota, South Dakota, Wyoming, Nebraska, Iowa, Kansas, Missouri, Oklahoma, Texas and Louisiana). Inland Truck Parts was founded in 1944, DTI the very next year in 1945.
Once the transaction is complete, all locations will operate as Inland Truck Parts & Service.
“We couldn’t have found a better company to partner with,” says Greg Klein, CEO at Inland Truck Parts. “Drive Train Industries is well respected in the industry and has a long legacy of providing high-quality parts and service to their customers. We are thrilled to join forces with a company full of outstanding employees, and the fact that we are both employee-owned will make the combination all that much easier.”
“We are proud to associate with a company that supports the independent aftermarket to the extent that Inland does,” says Jim Burke, CEO at DTI.
Adds Bruce Sommerville, vice president of operations at DTI, “This combination is a perfect fit for both companies, both culturally and geographically. We believe there are tremendous synergies to be gained on both sides.”