WAUKESHA, WI – DUECO Inc., a Waukesha-based manufacturer of medium- and heavy-duty trucks for the utility and contracting market, purchased the assets of Odyne Corp., a Hauppauge, N.Y.-based clean technology company that specializes in propulsion systems for hybrid trucks and buses.

Terms of the acquisition were not disclosed, according to Biz Times. However, the New York company has been closed, and all production will be shifted to DUECO’s Waukesha headquarters. DUECO will incorporate Odyne’s name, Web site, intellectual property, software, and systems.

In mid 2008, DUECO began building hybrid trucks to be used by utilities and contractors. Odyne was a supplier of key pieces of the hybrid technology and the acquisition will allow DUECO to expand its hybrid production.

DUECO will contract with several former Odyne employees over the next several months to train its workforce on the software and technologies that were acquired. After that time, the company will evaluate if it needs additional employees, the spokeswoman said.

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