Yancey Bros. Co. Acquires International(R) Truck Dealerships

Related Quotes

Symbol	Price	Change
NAV	38.96	0.00

{"s" : "nav","k" : "c10,l10,p20,t10","o" : "","j" : ""}

ATLANTA, Nov. 30 /PRNewswire/ -- Yancey Bros. Co., announces the acquisition of the operating assets of All Star International® Trucks and D&M International Sales. The four locations operated by these two dealerships in southern Georgia - Albany, Blackshear, Tifton, and Valdosta - will continue day to day operations under the new name of Yancey Truck Centers, a newly created division of Yancey Bros. Co. Yancey Truck Centers will be focused on serving customers in the on-highway industry in Georgia.

As part of this acquisition, Yancey Bros. Co. has also finalized a Sales and Service Agreement with Navistar®, Inc., to be the authorized International dealer for the southwestern/south central Georgia territory, ensuring continuous service to customers in these trade areas.

"The addition of these two highly regarded dealerships combined with a new partnership between Yancey and Navistar, Inc., provides us with a tremendous opportunity," said Jim Stephenson, President and Chief Executive Officer of Yancey Bros. Co. "We are excited about working with a world-class manufacturer like Navistar. We also look forward to building on the relationships that All Star and D&M have developed, and providing additional products and services to our existing Yancey trucking and construction customers."

About Yancey Bros. Co.

Yancey Bros. Co., recognized as the nation's oldest Caterpillar® dealer, has been serving customers across the State of Georgia since 1914 with the highest levels of sales, parts and service available in the industries we serve. Still family-owned and operated, Yancey will now operate facilities in twenty-one Georgia communities; Albany, Augusta, Austell, Blackshear, Bloomingdale, Brunswick, Calhoun, Columbus, Conley, Dacula, Griffin, Jefferson, Kennesaw, Macon, Resaca, Savannah, Statesboro, Tifton, Valdosta, Washington and Waycross.

About Navistar

Navistar International Corporation (NYSE: NAV - News) is a holding company whose subsidiaries and affiliates produce International brand commercial and military trucks, MaxxForce® brand diesel engines, IC Bus(TM) brand school and commercial buses, Monaco RV brands of recreational vehicles, and Workhorse® brand chassis for motor homes and step vans. It also is a private-label designer and manufacturer of diesel engines for the pickup truck, van and SUV markets. The company also provides truck and diesel engine service parts. Another affiliate offers financing services. Additional information is available at www.Navistar.com/newsroom.

Contact:     Greg DeWalt
Phone:       770-819-5183
Email:       greg_dewalt@yanceybros.com