Tramont Buys Compo

Tramont Manufacturing, Milwaukee, Wis., a manufacturer of components for the standby power generation industry, announced it has acquired Compo Steel Products, also in Milwaukee. Tramont said the acquisition increases its  production capacity and expands its reach into new markets, including railroads, mining, and alternative energy. Compo is continuing operations as a division of Tramont Manufacturing under the Motive Energy name. 

Tramont is a manufacturer of UL-Listed diesel fuel tanks, enclosures, trailer tanks and walkways for generator manufacturers, their distributors, contractors and others. Tramont products are used in standby and prime power installations, including hospitals, telecommunications sites, military installations and large public facilities. 

Motive Energy’s product line includes electrical enclosures for multiple applications. While best known for creating precision components for passenger and freight locomotives, the company also serves the above and below ground mining equipment, alternative energy, utilities, military, and infrastructure industries.

“Our business continues to grow,” said Tramont Chief Executive Officer Nand Kumar. “The new facility helps us meet increasing demand for Tramont products. At the same time, Motive Energy provides an opportunity for us to apply our skills, knowledge and resources as we reach out into new markets.”

As part of the acquisition, Tramont has taken ownership of the former Compo manufacturing plant, located less than a mile from Tramont’s current facility. The building is situated on a large site that offers ample space for planned future expansion. Over the next few months Tramont said it will begin transferring production to the new facility, which offers increased floor and vertical space, greater crane capacity and fabrication machinery,.

Tramont Manufacturing currently employs about 150 people. Motive Energy employs approximately 20. 

Related Articles

Volvo Expanding Powertrain Ops
New Training Facility For Deere Construction & Forestry
Relayr, Flanders Partner on Digital
Major Order For JCB
Johnson & Towers And Western Branch Diesel Merge
New Address For Epiroc USA Headquarters In Colorado
Sun Hydraulics Opens Plant in China
Nidec Expands in US

Latest News

Vermeer Turning Tragedy Into Opportunity
Volvo Expanding Powertrain Ops
Liebherr Slewing Drive to Magni
New Training Facility For Deere Construction & Forestry
Spain’s Comeback
Is Class 8 Truck Production Peaking?
Volvo CE’s Investment Plans
Shanghai Diesel And Liebherr Link-Up
Relayr, Flanders Partner on Digital

Magazine Issue Archive

Diesel Progress – July 2019
Diesel Progress – June 2019
Diesel Progress International May-June 2019
Diesel Progress – May 2019
Diesel Progress – April 2019
Diesel Progress International – March-April 2019
Diesel Progress – March 2019
Diesel Progress – February 2019
Diesel Progress – January 2019
Diesel Progress International – January – February 2019

Login

Forgotten Password?

Haven’t got an account? Click here to register.