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Their offer was refused, so the three left the company and founded their own business, Wabash National, in 1985.
In 1986, the company generated sales of $70 million from more than 15,000 trailers.
In 1987, they were one of the first manufacturers to introduce intermodal trailers.
In 1990, the company had more than $170 million in sales and a pretax income of nearly $5 million.
The company raised more than $39 million by offering stock to the public in November 1991.
Another of Wabash's best-known products was RoadRailer, a trailer design for which Wabash acquired the rights to build and market in 1991.
Inc. magazine named Wabash co-founder and Chief Executive Officer Donald J. (Jerry) Ehrlich its 1992 Entrepreneur of the Year.
Wabash patented the design, and, as competitors were either unable or unwilling to invest in the design, Wabash captured 90 percent of the aluminum plate trailer market by 1992.
In 1992, the company signed its first agreement to allow RoadRailer production outside the United States, covering Australia.
And Wabash would need the capacity, since its backlog of orders more than doubled in 1994, reaching $1 billion by the year's end.
Wabash bought a second manufacturing facility in Lafayette in 1994, moving into a vacant General Foods building.
In 1995, Wabash recorded more than $500 million in annual revenue and employed about 3,400 people.
The number of employees at Wabash grew steadily, rising to approximately 3,400 by 1995.
In 1995, Wabash opened its new plant in Lafayette with 500,000 square feet of manufacturing space, tripling its capacity from just two years earlier.
1995 Wabash begins manufacturing innovative refrigerated van trailers in a state-of-the-art facility with a computer-controlled insulating process.
1996 saw the release of their signature product, DuraPlate.
1998 To streamline operations and accommodate increasing needs for trailer flooring, Wabash acquires Cloud Corporation and Cloud Oak Flooring Company, Inc. to produce laminated hardwood floors for the trailer market.
By 1999, they were producing 70,000 trailers per year.
2003 Wabash National Corporation receives the United States Senate Productivity Award for achieving $75 million in cost savings and improving productivity by 50%.
2003 Expanding the DuraPlate® product line, Wabash launches the DuraPlate HD dry freight van.
2006 IndustryWeek magazine recognizes Wabash as one of its 50 Best United States Manufacturers for the first of many years.
2007 Wabash’s DuraPlate dry van trailer receives United States EPA SmartWay certification, thanks to the company’s commitment to environmental responsibility and fuel economy.
2008 Wabash adds Benson aluminum platform trailers to its portfolio, complementing Transcraft’s steel and combo flatbed offerings.
2008 Wabash establishes the DuraPlate Products Group, now Wabash Composites, a new business focused on identifying end markets and products for DuraPlate.
2011 Wabash partners with Nussbaum Transportation to develop DuraPlate XD-35—a dual-function, extreme-duty dry freight van—the transportation industry’s first dry van with a 35,000-pound floor rating.
2013 Wabash produces its 500,000th DuraPlate trailer, which is built for Crete Carrier Corporation, one of the largest privately owned trucking companies in the United States
2014 Walker Barrier Systems (now Extract Technology) begins mobile clean room production for the development and production of vaccines and therapeutics used in clinical trials at Texas A&M’s Center for Innovation in Advanced Development and Manufacturing.
2015 Wabash expands its aerodynamics offerings, creating the industry’s largest portfolio of products designed to improve fuel economy, reduce emissions and lower operating costs.
2015 In response to changing trends and needs in the trucking industry for final mile and home delivery options, Wabash introduces its own line of truck bodies.
On September 27, 2017, Wabash National completed the acquisition of Supreme Industries, Inc.
2017 Wabash opens a new operations facility in Little Falls, Minnesota.
2019 DuraPlate Cell Core becomes standard on HD dry vans, reducing weight by up to 300 lbs. and supporting fleets’ toughest load requirements with exceptional durability and maximum payload capacity.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Utility Trailer Manufacturing | 1914 | $700.0M | 3,000 | - |
| Stoughton Trailers | 1961 | $375.0M | 100 | 924 |
| Great Dane | 1900 | $670.0M | 1,483 | 33 |
| American Railcar Industries | 1988 | $495.1M | 1,932 | - |
| MAC Trailer | 1995 | $270.9M | 1,300 | 10 |
| Union Tank Car | 1891 | $920.0M | 7,500 | 1 |
| Morgan Olson | - | $25.0M | 500 | 1 |
| FMH Conveyors | 2009 | $4.7M | 125 | 2 |
| Pelican Products | 1976 | $460.0M | 1,300 | 11 |
| Capacity Trucks | 1971 | $76.5M | 100 | - |
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Wabash National may also be known as or be related to WABASH NATIONAL CORP, Wabash National, Wabash National Corp. and Wabash National Corporation.