NATDA Magazine Mar/Apr 2020 NM_March2020_Final022720 | Page 14

CornPro Trailers Under New Ownership David Frette of Washington, Indiana, will be taking over sole ownership of Indiana-based CornPro Trailers from previous business partner, Gerry Frette, as of January 2020. Novae Acquires Integrity Trailers Novae Corp. has acquired the assets of Integrity Trailers, Inc. of Carbondale, Pa. Financial terms of this private transaction have not been disclosed. Both David and Gerry were previously partial owners of the company - each owning a 50 percent share. David recently bought out Gerry’s portion of CornPro Trailers, making him the new sole owner of the trailer manufacturer moving into the new year. “The Integrity team has built a nice business over the past 7 years”, according to Lyle Berning, Corporate Product Manager for Novae Corp. “The company provides a valued product, and the Pennsylvania manufacturing location provides a strategically important expansion of Novae’s geographical footprint.” “After several years of working together, we are excited for what retirement holds for Gerry in his next endeavors, but also looking forward to moving our company in new directions,” said David Frette, new President of CornPro Trailers. “We’re thrilled to be able to keep the ownership in the family, jobs local, and continue to serve our dealers and faithful customers with the same American quality in manufacturing they’re used to, plus new products and options.” Integrity Trailers, Inc. is a manufacturer of enclosed trailers, with a primary dealer concentration in the northeast region of the United States. Novae Corp plans to retain the current Integrity employees and will continue to build enclosed trailers in the current Carbondale, Pa. facility. For more information, please visit www.novaecorp.com. Learn more about CornPro Trailers at www.cornpro. com. 14 NATDA Magazine www.natda.org