Collins Industries enters into merger agreement
HUTCHINSON, Kan. — Collins Industries, the largest producer of Type A school buses in North America, has entered into a definitive merger agreement with Steel Partners, a private investment partnership in New York.
HUTCHINSON, Kan. — Collins Industries, the largest producer of Type A school buses in North America, has entered into a definitive merger agreement with Steel Partners, a private investment partnership in New York.
Steel Partners is purchasing Collins in affiliation with American Industrial Partners, an operationally focused private equity firm.
The transaction is expected to be completed in the fourth quarter of 2006. Collins Industries is the parent company of two school bus manufacturing concerns — Collins Bus Corp. in Hutchinson and Mid Bus Inc. in Bluffton, Ohio.
Collins Industries is also a leading manufacturer of ambulances, terminal trucks and sweepers used in the road construction industry.
The company employs approximately 1,000 people in six plants comprising 1 million square feet of combined space.
More Management
Pro-Vision Acquires Convoy Technologies
The deal aims to broaden customer relationships and adds specialized vehicle video capabilities for commercial fleets.
Read More →
Durham School Services Maintenance Teams Earn Missouri Fleet Excellence Awards
Eight of the contractor’s school bus fleets achieved a distinction few maintenance teams earn during the state’s rigorous annual inspection program.
Read More →
How Incentives, AI, and Energy Markets Are Reshaping School Transportation
Sit down with Joe Annotti of TRC Companies to talk district grant funding, utility challenges, AI, and why school buses are evolving from transportation assets into energy assets.
Read More →
Inside the Contracting Shift: What School Transportation Operators Are Seeing Now
School transportation contractors weigh in on recent trends, costs, driver shortages, and the rise of multimodal student transportation.
Read More →
The No-Idling School Bus AC System
Take a peek at ExoAir Systems’ battery-powered cooling solution designed to run for up to 10 hours without the engine on, reducing fuel use and improving comfort for drivers and students.
Read More →
Geotab on Three Major Trends in School Transportation
School bus fleets are becoming more proactive than ever. From AI driver alerts to vehicle-to-grid opportunities, Geotab outlines the biggest technology trends transforming school bus operations.
Read More →
Gatekeeper Lands Major School Bus Deals as Revenue Surges
The video solutions provider announces contracts with Atlanta Public Schools and other fleet operators as it records quarterly revenue growth and expanding subscription business.
Read More →
Building Leaders Who Last: Creating a Successful Mentorship Program in Student Transportation
Discover five strategies for building an effective mentorship program to strengthen leadership development and support staff retention.
Read More →
The BUILD America 250 Act Has Big Implications for School Buses, Too [Updated]
Buried within a sweeping federal transportation bill are provisions that could affect school bus driver requirements, illegal passing enforcement, and even the future role of autonomous technology in pupil transportation.
Read More →
What More Than Two Million Rides Reveal About School Transit
More than two million student trips. Nearly 28million miles. Here's what that data reveals about the future of alternative student transportation.
Read More →