Clackamas, OR (March 18, 2020) – Warn Industries (WARN) today announced the acquisition of Factor 55, a manufacturer of highly engineered rigging hardware for CLOSED SYSTEM WINCHING™, a winching technique that uses rigging comprised entirely of closed link hardware.
Similar to WARN, Factor 55 is a premium brand operating in the vehicle recovery market. The Factor 55 product offering includes: winch line and splice-on shackles, fairleads, pulleys, vehicle recovery kits and bags, recovery straps, rope, and other specialty products.
Factor 55 was founded in 2012 by Michael Costa, Factor 55’s President. Michael and his team will continue their focus on designing and developing new products and disruptive technology to bring to market. Factor 55 will operate as a division of Warn Industries. Kyle Shiminski, Vice President & General Manager...
Continue reading...