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Dexter, a DexKo Global Inc. company, has agreed to purchase the heavy duty axle and suspension manufacturing assets of Ingersoll Axles and the light duty axle manufacturing assets of Standen's from the IMT Group. The transaction includes locations in Ingersoll, Ontario; Calgary, Alberta; and Indianapolis, Indiana.
“Dexter has reached an agreement to purchase the heavy duty axle and suspension manufacturing assets of Ingersoll Axles, along with the light duty axle manufacturing assets of Standen's from the IMT Group”newswire.ca
Summarized from public sources; check the original articles before acting on it.