DOWNERS GROVE, Illinois, November 26, 2025 — Federal Signal Corporation (NYSE: FSS) (the “Company”), a leader in environmental and safety solutions, today announced that it has completed the acquisition of Scranton Manufacturing Company LLC d/b/a New Way Trucks (“New Way”), an industry-leading U.S.-based designer and manufacturer of refuse collection vehicles. The signing of the purchase agreement was previously announced on Sept. 24, 2025. 

“We are thrilled to complete the acquisition of New Way and officially welcome its more than 750 employees to the Federal Signal family,” said Jennifer L. Sherman, President and Chief Executive Officer. “New Way’s leading market position in automated side loaders and its strong reputation for quality and customer focus make it a natural fit within our Environmental Group. With a current backlog in excess of $100 million, New Way has visibility into the first half of next year. Longer term, we expect to leverage the power of our specialty vehicle platform – from 80/20 product optimization to aftermarket expansion – to accelerate growth, enhance margins, and deliver long-term value for our customers and stockholders.”

About Federal Signal

Federal Signal Corporation (NYSE: FSS) builds and delivers equipment of unmatched quality that moves material, cleans infrastructure, and protects the communities where we work and live. Founded in 1901, Federal Signal is a leading global designer, manufacturer, and supplier of products and total solutions that serve municipal, governmental, industrial, and commercial customers. Headquartered in Downers Grove, Ill., with manufacturing facilities worldwide, the Company operates two groups: Environmental Solutions and Safety and Security Systems. For more information on Federal Signal, visit: www.federalsignal.com.

SCRANTON, Iowa (May 16, 2025) — New Way Trucks, the largest privately held refuse equipment manufacturer in North America, recognized its top distributors recently for sales performance and customer support excellence over the past year during Waste Expo. The company’s network of 35 partner distributors across the United States and Canada is well-respected across the waste and recycling industry and is a key factor in New Way’s growth. 

“Our Fearlessly Forward mission and growing presence in the market would not be possible without the continued support and efforts of our New Way distributors,” said Don Ross, New Way Chief Sales Officer. “We have a tremendous network of distributor partners that put a priority on building relationships, providing our customers with quality and just getting the job done. Each year we recognize the distributor teams who have truly personified and exhibited those unique values of New Way. I commend them for their commitment to New Way, a job well done and continuing to set us apart from the competition by truly putting customers first.” 

The company’s distributor awards are based on annual equipment and parts sales, demonstrating superior support and service, and promotion of the New Way brand. Each of these top distributors, as with all New Way’s distributor partners, align with the company’s commitment to quality and its mission to provide customers with not only the most reliable, durable equipment in the industry but also with exclusive, dedicated support.. 

The following New Way distributors were presented with a Distinguished Distributor Award during a ceremony in the New Way booth. 

• Ray Gaskin Service (Fontana, CA)
• Elliott Equipment Company (Grimes, IA)
• Amick Equipment Company, Inc. (Lexington, SC)
• Sansom Equipment Company (Birmingham, AL)
• Southern Sewer Equipment Sales (Fort Pierce, FL)
• Short Equipment, Inc. (Phoenix, AZ)
• Maryland Industrial Trucks (Linthicum, MD)
• Municipal Equipment, Inc. (Louisville, KY)
• Texas Pack + Load (San Antonio, TX)
• Pyramid Equipment (Rolling Prairie, IN)

In addition, New Way presented the first-ever Rising Star Award to startup distributor Iser Equipment. The Rising Star Award is presented to the distributor that showed exceptional performance and growth over the previous year. Based in Lancaster, OH, Iser Equipment began operating in November 2023 and has excelled in sales and customer support performance in 2024. 

“We’re proud to recognize our hardworking distributors for their dedication to New Way, to our customers and to delivering top quality customer service,” said Mike McLaughlin, CEO of New Way Trucks. “Our industry-leading distributor network helps us lay the groundwork for the continued success of our products, parts and service support.”

The New Way Distributor Network is committed to delivering exceptional training, thorough inspections, quality parts, expert service and responsive after-sale support. Like New Way, these outstanding organizations continue to drive Fearlessly Forward to best meet the needs of the industry and its haulers.

SCRANTON, Iowa (April 29, 2025) — New Way Trucks is reintroducing itself at Waste Expo 2025. Look for an updated presence and a renewed promise in Booth #3637 on May 5-8 in Las Vegas, NV. 

At the show, New Way will bring perspective on how they answer to haulers and bring them solutions when others can’t. Visitors to the booth will see key upgrades to its Sidewinder^® Automated Side Loader and Mammoth^® Front Loader. Plus, attendees can check out enhancements to the New Way ROTO-PAC^® Automated Side Loader, a residential waste and organics collection powerhouse that will feature the proven Sidewinder arm, in Peterbilt Booth #2028.

“This isn’t a change in who we are. It’s a clearer expression of why we do what we do,” said Don Ross, Chief Sales Officer at New Way Trucks. “Every truck we build, every upgrade we make, and every conversation we have is rooted in one thing: providing haulers what they need so they can do their jobs more efficiently and operations run smoothly. We’re the same customer-first team, focused on solutions, service, and support—now with a fearless push forward”

In addition, New Way will support the Environmental Research & Education Foundation (EREF) and the National Waste and Recycling Association (NWRA), and share insights during a panel on zero-emissions collection — demonstrating its commitment to practical innovation and customer-first thinking.

Advancing the conversation on zero emissions refuse collection

New Way is leading a panel discussion on the future of zero-emission refuse vehicles, bringing together experts from PACCAR, Mack, and Recology to explore hydrogen and battery electric technologies side by side. 

Moderated by Marc de Smidt, Senior Director of Engineering, and featuring Product Manager Tyler White as a key panelist, the session will provide data-backed insights from New Way’s recent hydrogen fuel cell trials and ongoing industry collaborations. Together, panelists will examine operational readiness, adoption challenges, and the evolving role of zero-emission solutions in refuse fleets.

Product enhancements that simply do more

The updated Sidewinder^® Automated Side Loader is engineered to be stronger, faster, and easier to maintain:

• Cycle times reduced by 20%, thanks to cylinder, hydraulic, and control system upgrades. 
• Smooth ride and seamless operation with our industry-leading, frame-mounted arm and proportional controls. 
• Simplified maintenance with more than 1,200 feet of wiring removed, plus simplified harnessing and hydraulic routing.
• Streamlined control modules conveniently mounted at eye level for easy troubleshooting.
• Smart diagnostics and intuitive in-cab keypads make the tech feel effortless, not overwhelming.

The Mammoth^® Front Loader is built to handle tough commercial routes with greater durability and payload capability:

• Reinforced for reliability in key wear areas and high-stress points to better absorb compaction forces, including the front of the body, hopper, and tailgate. 
• More options to fit your fleet’s specific needs like multiple canopy options, front-of-body or underbody hydraulic valves, and 8,000- or 10,000-lb arm lift capacities. 
• Designed for maximum performance with rugged, dependable single-piece forks, pack-on-the-go capabilities, and a large cleanout door for easy maintenance. 

“These enhancements were driven directly by customer feedback,” said Eric Evans, chief product officer at New Way Trucks. “We didn’t just add features — we solved real problems, with simplicity and reliability in mind.”

Giving back and honoring excellence

New Way is proud to support the Environmental Research & Education Foundation (EREF) by donating a 8-cubic-yard Diamondback Rear Loader, mounted on an Isuzu NRR chassis with a Perkins cart tipper. The truck will be auctioned during the EREF Live Auction at 3:30 p.m. on Wednesday, May 7, with proceeds supporting environmental research and education across the waste management industry.

As a sponsor of the 2025 National Waste and Recycling Association (NWRA) Awards Gala, New Way proudly supports the recognition of the individuals and teams who have built and keep the waste and recycling industry running every day, in every community across the country. These awards honor essential workers and innovators who continue to elevate the industry — values that align with New Way’s commitment to push Fearlessly Forward.

Visit New Way at Waste Expo in Booth #3637 and go to newwaytrucks.com. 

Bolingbrook, IL – Hyzon (NASDAQ: HYZN) (Hyzon or the Company), a U.S.-based, high-performance, hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced the completion of a successful trial of its refuse collection Fuel Cell Electric Truck (FCET) — developed in partnership with New Way Trucks — with Mt. Diablo Resource Recovery (MDRR), a leader in sustainable waste and recycling management.

The trial, which tested the hydrogen-powered vehicle on routes in parts of California including Concord, Pittsburg, Oakley, Rio Vista, and parts of unincorporated Contra Costa, marks a significant milestone in the adoption of zero-emission technology for heavy-duty applications in the waste and recycling sector.

The trial further demonstrated hydrogen’s effectiveness as a sustainable, zero-emission alternative to diesel fuel, aligning with California’s Advanced Clean Fleet requirements and furthering Mt. Diablo Resource Recovery’s commitment to environmental stewardship and innovation. Additionally, this represented Hyzon’s tenth trial since July 2024 across both of its Class 8 and refuse collection FCETs, all of which have been successful in meeting or exceeding the expectations set forth by the potential customer.

“We are proud to partner with Mt. Diablo Resource Recovery in pioneering the use of hydrogen fuel cell technology for heavy-duty waste management,” said Hyzon Chief Executive Officer (CEO) Parker Meeks. “This successful trial showcases the potential for hydrogen to drive meaningful decarbonization, without sacrificing performance, in challenging sectors like waste and recycling. We are excited to be driving forward hydrogen-powered solutions in collaboration with our customers that deliver both environmental and operational benefits,” added Meeks.

Hyzon’s refuse collection FCET is built in partnership between Hyzon and New Way Trucks, a privately held, industry-leading refuse truck body manufacturer. The vehicle is North America’s first refuse collection FCET. New Way’s expertise and leadership in refuse collection and Hyzon’s focus on providing zero-emission power to decarbonize the most demanding industries combine to make decarbonized refuse collection a reality for the North American waste and recycling industry.

“We are relentless about innovation to transform the way we manage waste and recycling to maximize our environmental and financial performance,” said Kish Rajan, CEO of Mt. Diablo Resource Recovery. “This pilot program is yet another example of what sets MDRR apart.”

“Working with Mt. Diablo on this trial showcases what happens when industry and technology experts partner to bring innovative, more sustainable solutions to the industry and propel it forward,” said Don Ross, Chief Sales Officer for New Way. “We are in a unique position to provide alternative power solutions to waste haulers looking to meet zero emissions goals and decarbonization initiatives. And we look forward to continuing our partnership with Hyzon to field more hydrogen fuel cell refuse collection trucks that will set a new standard for our industry.”

Hyzon’s high-performance, hydrogen fuel cell systems demonstrated consistent power over an expected range of at least 125 miles, including at least 1,300 cart lifts along with trips to the transfer station, at up to 300% increased fuel efficiency over traditional diesel trucks. Hyzon’s trial program has shown range that in some route structures projects to over 1,500 cart lifts on a single fill of hydrogen.

Alongside trials of its industry-leading refuse collection FCETs, Hyzon is advancing its Class 8 200kW FCET trial program. The Company remains on track to complete customer trials with over 30 major fleets across both platforms between July 2024 and February 2025.