Fairbanks Morse Purchases Turbocharger Maker

Fairbanks Morse finalized an asset purchase agreement with Globe Turbocharger Specialties, Inc., a leading manufacturer of turbochargers and parts.

The move expands Fairbanks Morse’s service offering to include competitively priced turbocharger services and increasing the company’s critical parts inventory, the company said.

“As a company we are putting significant emphasis on providing exceptional service and aftermarket support to our customers,” said George Whittier, CEO of Fairbanks Morse. “Bringing Globe’s extensive inventory and turbocharger service into our business positions us to provide more aftermarket services for our customers and to respond quickly with the parts our customers need, when they need them.”

Based in Reno, Nevada, US, Globe has one of the largest and most comprehensive inventories in the industry including a complete line of new and manufactured ALCO OEM turbocharger units and replacement parts.

“With the addition of Globe’s turbochargers and parts, Fairbanks Morse will manage the entire process for our customers – from purchase to warranty, service and parts – creating convenience for our customers,” said Whittier. “In addition to convenience, we can bring cost savings to customers by being able to offer competitive pricing for turbocharger service.”

Earlier this year, Fairbanks Morse named James (Jay) McFadyen as vice president and general manager of Aftermarket.