Transportation Components Inc. Moves to Consolidate Parts Business

Transportation Components Inc., Houston, acquired three companies as part of its strategy to consolidate the heavy-duty truck parts industry.

The company is negotiating to buy five more parts firms.

Joining TransCom USA are: Fleet Products, Tampa, Fla.; Brake Service and Equipment Co., Miami; and Hicks Enterprises, Commerce, Calif. The company earlier announced the acquisition of Parts Pacific in South Gate, Calif.

Chairman T. Michael Young said the new operations will strengthen TransCom USA's presence in two important geographic markets.

He said the company expects to report pro forma sales of $58 million in the third quarter ended Sept. 30 with earnings comparable to last year's 11 cents a share.