DexKo Global has announced that its subsidiary, Dexter Axle, is celebrating its 60th anniversary.
Dexter Axle was founded in 1960 in Elkhart, Ind., by Leonard Dexter to serve the growing manufactured housing and RV markets. The initial product offering was limited to light-duty sprung axles and components, but the company’s growth strategy was to continually develop new products to expand the product line. Dexter’s business grew through the years with products such as medium-duty axles, Torflex rubber torsion suspension axles, E-Z Lube axle spindles, Nev-R-Lube sealed cartridge bearing system, E-Z Flex suspension system, Nev-R-Adjust trailer brakes, and specialty heavy-duty axles and suspensions. Dexter’s products are available through more than 450 distribution points in North America as well as internationally.
Under current leadership, Adam Dexter, grandson of founder Leonard Dexter, assumed the role of Dexter’s president and CEO in 2008. Since this time, Dexter has completed 12 acquisitions in North America broadening the company’s geographic footprint and expanding the product offering.
In December of 2015, DexKo Global was formed through the merger of Dexter and AL-KO Vehicle Technology. Dexter operates in North America as a subsidiary of DexKo Global. DexKo has a global presence, operating in 23 countries and employing more than 7,400 individuals worldwide.
“We have achieved this significant milestone through the hard work and dedication of our employees, both past and present, our culture of providing excellent customer service throughout the organization, and our 60 years of dedication to product innovation and manufacturing the highest quality reliable products,” said Adam Dexter. “Throughout 2020, we’ll celebrate this outstanding achievement with our dedicated employees, our valued suppliers, and our customer partners.”
Dexter remains headquartered in Elkhart, employing more than 2,400 people in the U.S. and Canada, operating 18 manufacturing facilities in ten states/provinces. More than 3 million axles are produced annually and more than 50 million axles have been installed over the past 60 years.