Wabash and Steel Dynamics Forge 10-Year Strategic Partnership
27 September 2024 - 6:17AM
Wabash (NYSE: WNC), the visionary leader of connected solutions for
the transportation, logistics and distribution industries, today
announced a 10-year strategic agreement with Steel Dynamics, Inc.,
a leading steel producer and metal recycler in North America. This
partnership will secure critical steel components, including
hot-rolled, galvanized, and painted steel coils and steel
crossmembers, to support Wabash's extensive transportation
solutions portfolio of van trailers, tank trailers, platform
trailers and truck bodies.
“We are excited to formalize our long-standing relationship with
Steel Dynamics,” said Richard Mansilla, vice president, global
supply chain at Wabash. “This agreement fortifies our supply chain
with high-priority capacity during critical demand periods,
ensuring our ability to meet customer needs without the constraints
often faced by other manufacturers.”
Steel Dynamics has been a trusted supplier to Wabash for 14
years, playing an essential role in supporting all product lines as
the company has expanded its equipment offering. This agreement not
only guarantees high-priority capacity but also includes backup
supply from multiple Steel Dynamics facilities, ensuring a robust
and reliable domestic steel supply chain. With this secured supply,
Wabash is uniquely positioned to continue providing uninterrupted
service to its customers, especially during periods of heightened
demand.
“Having collaborated for many years, we are pleased to extend
our partnership with Wabash through this long-term agreement,” said
Barry Schneider, president and chief operating officer of Steel
Dynamics. “We strive to be our customers’ preferred partner,
through providing high-quality steel products and innovative
solutions that meet and exceed expectations. This agreement aligns
both of our companies to better serve the future demands of the
commercial transportation industry, providing stability to our
mutual customers.”
With this agreement, Wabash reinforces its commitment to
long-term demand planning and leveraging partnerships with top
industry leaders like Steel Dynamics. Alongside similar agreements
with Rockland Flooring, Ryerson, J.B. Hunt, and Hydro, this
partnership positions Wabash to lead the industry in supply
reliability and operational excellence.
Wabash: Changing How the World Reaches
You®Wabash (NYSE: WNC) is the visionary leader of
connected solutions for the transportation, logistics and
distribution industries that is Changing How the World Reaches
You®. Headquartered in Lafayette, Indiana, the company enables
customers to thrive by providing insight into tomorrow and
delivering pragmatic solutions today to move everything from first
to final mile. Wabash designs, manufactures, and services a diverse
range of products, including: dry freight and refrigerated
trailers, flatbed trailers, tank trailers, dry and refrigerated
truck bodies, structural composite panels and products, trailer
aerodynamic solutions, and specialty food grade processing
equipment. Learn more at onewabash.com.
About Steel Dynamics, Inc.Steel Dynamics is one
of the largest domestic steel producers and metals recyclers
in North America, based on estimated annual steelmaking and
metals recycling capability, with facilities located
throughout the United States, and in Mexico. Steel
Dynamics produces steel products, including hot roll, cold roll,
and coated sheet steel, structural steel beams and shapes, rail,
engineered special-bar-quality steel, cold finished steel, merchant
bar products, specialty steel sections, and steel joists and deck.
In addition, the company produces liquid pig iron and processes and
sells ferrous and nonferrous scrap.
Media Contact:Dana StelselDirector,
Communications(765) 771-5766dana.stelsel@onewabash.com
Investor Relations: Ryan ReedVice President,
Corporate Development & Investor Relations(765)
490-5664ryan.reed@onewabash.com
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