Federal Signal Corporation (FSS) Announces Acquisition of New Way Trucks Call (Transcript)

Operator

Greetings, and welcome to the Federal Signal Corporation, New Way Trucks Investor Call. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Felix Boeschen, Vice President, Corporate Strategy and Investor Relations. Please go ahead.

Felix Boeschen
VP of Corporate Strategy & Investor Relations

Good morning, and welcome to Federal Signal’s conference call to discuss the acquisition of New Way Trucks, which was announced yesterday after market close. I’m Felix Boeschen, the company’s Vice President of Corporate Strategy and Investor Relations. Also with me on the call today is Jennifer Sherman, our President and Chief Executive Officer; and Ian Hudson, our Chief Financial Officer.

On today’s call, we will provide an overview of New Way and its competitive position, give some details on the economics of the transaction and discuss the strategic rationale inclusive of our expected synergies. We will refer to some presentation slides today as well as to the news release, which we issued yesterday afternoon. The slides can be followed online by going to our website, federalsignal.com, clicking on the investor call icon and signing into the webcast. We have also posted the slide presentation and the news release under the Investor tab on our website.