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Southwestern Scale Co., Inc. and Palfinger USA, LLC entered into a definitive agreement for Southwestern Scale to acquire the design and manufacturing rights of the PALFINGER USA Weighing Equipment Vehicles product segment. Transition is expected by end of 2022.
“When we received notice that Palfinger USA, LLC had decided to shift focus away from the Weighing Equipment product segment, we deemed acquisition of the product line as mission critical to Southwestern Scale's industry excellence and strategic growth plans.”swscale.com
Summarized from public sources; check the original articles before acting on it.