Jasper acquires Canam Marketing
The Jasper Engine & Transmission Exchange Employee Stock Ownership Program (ESOP) has acquired Canam Marketing Corporation. Canam Marketing will be operated by Jasper’s sister company, Jasper Innovative Solutions, as the company strives to increase its presence in the United States Postal Service parts market.
Canam Marketing provides vehicle maintenance parts and supplies for LLV, FFV, Windstar, Uplander and other USPS delivery vehicles. Canam Marketing provides product distribution from its Milwaukee, Wisconsin, office, with sales offices in Milwaukee and Las Vegas, Nevada.
“The acquisition of Canam Marketing will be a great addition to JIS,” says Luke Bawel, JASPER Innovative Solutions General Manager. “Canam's strength in new product development and dedicated workforce, coupled with JIS's customer service, ordering system, inventory levels, and Transit company will be a winning combination.”
“We see great quality and value in Canam products,” added Bawel. “With this acquisition we will be able to allow customers the convenience of ordering through one system, the availability of ramped up inventory, and on time delivery! We are very excited with this new growth.”
Canam Marketing will continue to operate and, over time, will be merged into JIS. The Canam name will remain for branding purposes and name recognition in the marketplace.
For more information on the quality products of Jasper Innovative Solutions, call 800-752-1700 or www.jasperinnovativesolutions.com.