West Virginia-headquartered Swanson Industries has acquired the off-highway business of TransAxle Holdings, a remanufacturer of transmissions, differentials, hydraulics, axles and brake systems and related industrial products for numerous off-highway verticals. The off-highway business will be re-branded as the Swanson Off-Highway division. Swanson will provide the division with substantial additional capacity and resources, supporting its continued growth through expanded capabilities and…
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