TransAxle LLC, a prominent U.S.-based remanufacturer and distributor of drivetrain components for medium- and heavy-duty trucks, has announced plans to wind down operations by August. The closure will result in the shutdown of all 13 facilities and the layoff of 209 employees across several states, including New Jersey, Maryland, North Carolina, Georgia, and Connecticut.
Headquarters in Cinnaminson, New Jersey, TransAxle specialized in remanufacturing transmissions, differentials, hydraulic pumps, and other drivetrain components. The company served a diverse range of industries, including on-highway trucking, transit, construction, mining, and oil and gas sectors. Its products were utilized in various applications, from school buses and refuse trucks to heavy equipment and specialized vehicles.
TransAxle’s distribution operations were extensive, featuring a network of 28 distribution centers and over 100 delivery trucks nationwide. This infrastructure enabled the company to achieve a 95% fill rate on complete unit orders within 24 hours, ensuring rapid and reliable service to its customers. The company’s commitment to quality was underscored by its partnerships with leading original equipment manufacturers (OEMs) such as Allison, Eaton, Meritor, and Dana, and its status as an authorized service and warranty center for several of these brands.
Despite its longstanding presence and industry reputation, TransAxle so far is unable to secure a buyer to continue its operations.
TransAxle’s shutdown reflects broader challenges in the manufacturing sector, where political shifts and global competition are reshaping operations.
The company’s closure marks the end of five decades of service in the heavy-duty truck parts industry.
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