New Jersey company joins Crystal Lake's Vipar

CRYSTAL LAKE - TransAxle LLC has joined Vipar Heavy Duty's network of distributors as a stockholder.

Cinnaminson, New Jersey-based TransAxle, founded in 1979, is a remanufacturer of transmissions, differentials, hydraulic pumps and other specialized components for light to heavy duty truck markets. It has developed an unparalleled reputation for providing important truck components on a same day or next day basis to minimize customer downtime. It also serves as a distributor of brake and clutch products, specialty drive train components and hydraulic parts to a broad range of customers.

The company has 28 locations in the U.S. and is led by CEO Dave Olsen and a veteran management team.

"With a highly organized and effective management team, we are pleased to welcome TransAxle to the Vipar Heavy Duty network," said Steve Crowley, president and CEO of Vipar Heavy Duty. "TransAxle has distinguished itself for its customer-centric approach and the quality of its operations which is closely aligned with Vipar Heavy Duty's long-term goals."