Progress Mfg. Inc. has been Acquired by DexKo Global

On December 8, 2021, Progress Mfg. Inc. (“Progress”), a leading manufacturer of high-quality, custom-engineered, safety-critical towing and trailering products, such as integrated sway control and weight distribution hitches, announced that it has been acquired by Dexter Axle Company (“Dexter”), a wholly-owned subsidiary of DexKo Global Inc. (“DexKo”), the global leader in highly engineered trailer running gear, chassis assemblies, and related components.

Progress provides Dexter with well-known brand names, Equal-i-zer® Hitch and Fastway® Trailer Products, and award-winning towing products such as hitches, ball mounts, wheel chocks, and other trailer accessories that keep travelers safe on the road.

Progress and Dexter share a long-standing focus on high-quality products, outstanding customer service, and strong brand recognition in the towing industry. The transaction positions Progress to continue to grow its brands, develop best-in-class products, and strengthen meaningful customer relationships.