Swarco acquires parking business from McCain

Swarco Traffic Americas has acquired the parking business unit from McCain for an undisclosed sum. This business uses LED signs, single space indicators and software to provide real-time information to motorists and parking operators. The purchase of McCain’s parking guidance system will allow Swarco Traffic Americas to broaden its product offering in the US. Swarco is already a major player in Europe and this deal strengthens its international position. The move boosts Swarco’s range of technology as McCai
May 13, 2013 Read time: 2 mins
337 Swarco Traffic Americas has acquired the parking business unit from 5198 McCain for an undisclosed sum. This business uses LED signs, single space indicators and software to provide real-time information to motorists and parking operators. The purchase of McCain’s parking guidance system will allow Swarco Traffic Americas to broaden its product offering in the US. Swarco is already a major player in Europe and this deal strengthens its international position. The move boosts Swarco’s range of technology as McCain is a trusted name in the US Intelligent Transportation Systems (ITS) market and a well-established manufacturer of quality equipment. The parking guidance technology manufactured by McCain monitor occupancy of parking areas and guides drivers using LED variable message signs that display availability in each lot or each level of the structure. Inside the parking structure, directional lane lights and individual bay indicators guide cars to the nearest vacant space. Every parking solution is customised to match the individual customer needs in a variety of applications. Parking guidance systems help improve traffic flow, reduce emissions, increase parking revenues and improve overall customer experience. Most importantly, accurate data and monitoring capabilities allow operators to better manage their facilities.

For more information on companies in this article

Related Content

  • Oklahoma opts for IRD’s electronic truck screening system
    September 30, 2016
    In a US$2.59 million contract, Dynamics (IRD) is to build, implement and maintain a port-of-entry (POE) electronic screening system for commercial vehicles in the US state of Oklahoma.
    Read More
  • Caterpillar eyes better performance in 2015 amid stormy weather
    May 13, 2015
    Caterpillar vice president Paolo Fellin sums up the past year for the global equipment manufacturer and looks at the increasing importance of telematics and machine control. David Arminas reports from Caterpillar’s Demonstration and Learning Centre in Malaga, southern Spain First the good news. Despite the difficulties, especially of the financial markets, 2014 was “a record year for a lot of things” for global heavy equipment maker Caterpillar.Now the bad news. Hang onto your seats because despite some
    Read More
  • Key technology moves for Leica Geosystems
    July 9, 2024
    Leica Geosystems is developing its product offerings with key moves.
    Read More
  • Concrete production innovation – mobility the key
    July 5, 2016
    Versatility and productivity are key drivers for the concrete plant sector - Mike Woof writes. The days of most construction machines being expressly designed and built for a single specific purpose have gone. These days construction equipment is largely intended to be versatile and adaptable, allowing it to be operated in a wide array of applications and duties. New concrete plants are designed too for mobility as this allows users to set up highly productive equipment quickly on basic sites, with little p
    Read More

Highlighted Content