NEWS RELEASES
Formula Trailers Purchases Assets From Recently Closed Impact Trailers
Editor's Note: This news item was retrieved and first published through Formula Trailer's website.
Formula Trailers announces its purchase of certain assets and intellectual rights for Impact Trailers. The transaction occurring April 23 was for an undisclosed amount. The former Elkhart, Ind.-based Impact Trailers was founded in 2017 and closed manufacturing operations in April. Formula Trailers, which began production in July 2018 under the leadership of Jeff Troyer, is experiencing rapid growth and Troyer has brought on Impact’s founders, Brad Bell and Dwight Barnes.
Bell and Barnes will bolster the sales of Formula/Impact and bring their innovative products to the already outstanding Formula offering. Additionally, Impact dealers will now have wholesale and retail financing available to their dealerships. Troyer stated, “Brad and Dwight have done an excellent job with Impact and I am excited to add them to our outstanding team. Along with Brent Sheehan’s experience and knowledge, we feel we have the best team in the business. We are looking forward to adding the Impact name to our business and building the best quality race and cargo products in the industry.”
Find out more at Formula Trailers' Website.