Supplier Progress Mfg. Acquires Diversi-Tech
Progress Mfg. Inc., makers of the Original Equal-i-zer Sway Control Hitch, announced that it has acquired Diversi-Tech Manufacturing (DT), according to a press release.
For more than 10 years, DT has designed and manufactured premium security towing products such as the industry’s first truly universal trailer coupler lock and a series of self-locking aluminum adjustable ball mounts. Progress Mfg. said that it has moved DT’s manufacturing to its Provo, Utah, facility.
“Products of Progress and DT complement each other perfectly,” said Jed Anderson, president of Progress Mfg. “Our expertise is in manufacturing high quality products; DT fits right into that vision.”
Progress Mfg. reported it is in the process of investing in its infrastructure to shorten lead times in an effort to better support distributor and dealer demand and that sales and customer service activities will be absorbed by Progress’s current staff.
“We strongly support a two-step distribution model,” said Rich Elliott, sales manager for Progress Mfg. “We are excited to offer these great products to our distributor and dealer partners.”