Two U.S. diesel firms merge

Author:
Publish date:
Merger

Johnson and Towers and Western Branch Diesel said they merged their respective organizations. Terms were not disclosed.

The companies, along with Dovell and Williams, will fall under the newly created Indel Power Group. The companies will go to market with their existing brands.

A statement noted that Johnson and Towers and Western Branch Diesel have 165 years of combined experience as distributors for Detroit Diesel and MTU engines and Allison transmissions. Both companies are Power Centers for Volvo Penta marine diesel products.

DieselImage

“This merger brings together two very strong and successful family organizations sharing the same foundation in the diesel engine business,” said David Johnson, CEO of Johnson and Towers, in the statement. “It gives us an East Coast marine footprint from New York to South Carolina for MTU and/or Volvo Penta, as well as a seven-state, 19-location network to leverage and grow our on-highway brands and robust fleet management business. Additionally, our MTU power generation business will offer a nine-state network to service standby power generation customers.”

“Our companies have known each other for many years and hold similar values and philosophies, including honesty, integrity, excellent customer service and treating our valued employees with care and respect,” added Herb Haneman Jr., CEO of Western Branch Diesel, in the statement.

Related

A Win for Gulf Reef Fish

The newly authorized DESCEND Act requires anglers to use descending gear when releasing catches in federal Gulf of Mexico waters.

Coast Guard Foundation Names Chairman

Thomas A. Allegretti will lead the non-profit’s board of directors.

In-Person Charleston Show Opens Friday

Under Covid-19 guidelines, the South Carolina boat show has a modified format for the safety of attendees and exhibitors.

Polaris Sees Q4 Surge

The powersports manufacturer had solid gains in every segment, with boat sales up 20 percent.

ABYC Updates Board

The group added a new member and elected several officers, including Nancy Cueroni as chairman.

Quick Hits: January 27, 2021

ICOMIA release its latest state of the industry report; one of the country’s largest waterjet cutting machines goes online at Maine’s Front Street Shipyard; and T-H Marine Supplies names a new national sales and marketing manager.

Q&A with Martin Bjuve

Volvo Penta of the Americas president and lifelong boater Martin Bjuve.

Changing Currents

E-mobility efforts remain centered outside of the U.S.