Kentucky Trailer Enhances Position in the Animal Feed Transport Market

LOUISVILLE, KY – July 31, 2019 – Kentucky Trailer, a subsidiary of Alleghany Capital Corporation, today announced that its subsidiary, CEI Equipment Company LLC (CEI Pacer), has acquired the animal feed transport division assets of Warren Manufacturing, Inc. (Warren Manufacturing). Warren Manufacturing, headquartered in Birmingham, Alabama, manufactures bulk feed delivery truck bodies and trailers for the pork and poultry feed transport industry.

Kentucky Trailer is a leading manufacturer of custom trailers, truck bodies and mobilized workplace solutions. The company’s growth strategy focuses on achieving leading market positions in specialized transportation markets. In December 2018, Kentucky Trailer entered the feed transportation market through the acquisition of CEI Pacer. The acquisition of related assets of Warren Manufacturing expands Kentucky Trailer’s footprint in the animal feed transportation industry with manufacturing operations in Birmingham, Alabama supplementing CEI Pacer’s Cedar Rapids, Iowa facility.

“Kentucky Trailer is pleased to strengthen our position in the animal feed transportation market with the purchase of Warren Manufacturing’s animal feed transport division assets. The acquisition expands our capabilities in bulk feed equipment and strategically adds to our portfolio of manufacturing facilities in the U.S.,” said Kentucky Trailer President and CEO Gary A. Smith, Sr.

CEI Pacer management members Dan McDowell, Jim Ross and Jim Stoelk, in combination with Jack Lyle of Warren Manufacturing, will lead the newly expanded animal feed division. “CEI Pacer and Kentucky Trailer are driven to be the best in the world at design, build and service solutions. Warren Manufacturing’s 35-year history of manufacturing bulk feed equipment will be an asset as we continue to build our animal feed transportation business,” Ross added.

Kentucky Trailer will also retain Warren Manufacturing’s feed transportation team, including President, Jack Lyle, and VP of Sales, Mike Dennis. “Warren Manufacturing has a rich history in bulk feed equipment manufacturing. We are pleased to join the Kentucky Trailer team and are excited about the growth opportunities this transaction provides,” Lyle added.

“Since we formed Warren Manufacturing, Inc. in 1985, we have strived to deliver the best products and services for our customers” said Warren Manufacturing Founder and CEO, Russell Warren. “I believe that by combining our assets and the experience of our team with Kentucky Trailer and CEI Pacer, our customers will benefit from the strength of these two fine manufacturers. The other Warren family of companies, which produce dump bodies and trailers, spreaders, refuse trailers and elevating fifth wheels, will continue under the Warren name and management.”

About R.C. Tway Company, LLC R.C. Tway Company, LLC, is the parent company of five operating divisions: (i) Kentucky Trailer Manufacturing (KTM), which designs, builds and manufactures custom trailers and truck bodies for the moving and storage, snack food, package delivery and logistics industries as well as other niche markets; (ii) Kentucky Trailer Services (KTS), which delivers complete repair, reconditioning, paint, graphics and other services for truck bodies, drop frame and expandable trailers; (iii) Kentucky Trailer Specialty Vehicles (KTSV), which designs, builds and services trailers and custom specialty vehicles for mobile medical, military/government, mobile marketing, motorsports and other niche markets; (iv) Kentucky Trailer Finance (KTF), which provides the Company’s customers rental, lease and financing options for select products and markets; and (v) CEI Pacer, which designs, engineers, manufactures and services custom feed trailers, bodies and equipment. Kentucky Trailer sets the industry benchmark as North America’s largest manufacturer of moving and storage trailers, as well as enclosed automobile, motorcycle and vehicle transport trailers. In addition, Kentucky Trailer manufactures trailers for: commercial, military/government, mobile medical, mobile marketing, oil/gas, product and package delivery, and snack foods. For more information, please visit www.kytrailer.com.

About CEI Equipment Company LLC With more than 40 years of experience, CEI Equipment Company LLC dba CEI Pacer, is recognized as an industry leader for design innovation and quality manufacturing of aluminum feed trailer and feed body transportation equipment. Today, CEI Pacer produces a broad range of aluminum feed transportation equipment that is used throughout the world. CEI Pacer is a full-service facility capable of repairs, reconditioning, and rebuilding feed transportation equipment of all makes and models. For more information about CEI Pacer, please visit www.ceipacer.com.