Heavy-duty components manufacturer Stemco recently announced a series of changes to its product lines in an effort to refocus resources on its core products.
Stemco will exit the brake products category, as well as ceasing production of the Motor Wheel brake drum and Crewson brake adjuster product lines. Orders will be taken until July 31 and shipped based on customer demand. Stemco will also honor warranty needs going forward.
Additionally, Stemco entered into an agreement to sell the Lunar air disc brake product line and manufacturing facility back to Commercial Vehicle Components. The transaction is subject to regulatory approval in China, which is expected to take four to six weeks, and no change to ordering, shipping, or invoicing will be made in the meantime.
Stemco will also no longer distribute Stemco Gaff polyurethane products, but will work with customers and Gaff International to ensure a smooth transition.
Despite these difficult decisions, Stemco is refocusing its efforts on the success and viability of its wheel end and king pin product lines.
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