Clement Industries Ownership Group Acquires Summit Trailer Sales Inc.

Wed April 03, 2024
Clement Industries

In a strategic move aimed at expanding market presence and enhancing product offerings, the ownership group at Jorden Industries, owners of Clement Trailers and Hilbilt Trailers, announced the acquisition of Summit Trailer Sales Inc. This acquisition further solidifies Clement Industries' stature as an industry leader while opening new avenues for growth and innovation.

Summit Trailer Sales Inc., a provider of aluminum and steel trailers, dump bodies and parts, has garnered acclaim for its dedication to superior craftsmanship and customer service since its inception in 1970. Recognized for its client-centered business model, Summit Trailer Sales has become synonymous with quality and reliability, maintaining a strong foothold in the trailer market for over five decades.

"The perpetuation of my father's dream of Summit Trailer Sales Inc. has been a long-time consideration of mine," said Chuck Pishock, president/CEO of Summit Trailer Sales, Inc.

"My company has been and always will be family. Jamey McMahon coming into the picture with Clement is the perfect combination for all of us. This marriage will continue as a family, and I am personally overwhelmed by the future growth opportunities of Summit Trailer.

"I am eager to see our future and hope to be with Summit/Clement for years. Together, we will contribute considerably to the dump trailer industry. Benchmark International has been a real pleasure to work with. Team Benchmark International has facilitated me with ease in every aspect of the M&A process. They know how to target businesses to the appropriate buyers and make it happen. I am grateful to them for seeing that Summit Trailers continue for a long time."

Jamey McMahon, chairman of Jorden Industries, the ownership group of Clement Industries and Hilbilt Trailers, echoed Pishock's sentiments, expressing excitement about the synergies and growth opportunities presented by the acquisition.

With a commitment to excellence and innovation, McMahon foresees a prosperous future for the combined entities, leveraging their collective expertise to drive success in the trailer industry.

Stuart Swint, president of Clement Industries, reaffirmed the company's dedication to delivering superior products and services to customers, citing the acquisition of Summit Trailer Sales as a strategic move in line with this commitment.

"Leveraging Summit Trailer Sales' expertise and customer relationships, Clement Industries aims to further elevate its market position and continue its legacy of excellence.

"The acquisition of Summit Trailer Sales marks a significant milestone in the trailer manufacturing landscape, uniting two industry giants with a shared commitment to quality, innovation and customer satisfaction."

For more information, visit www.clementind.com and www.summittrailer.com.