Post Falls' Ground Force sells to Chicago-based company

<p><p>A Chicago company has agreed to purchase Post Falls-based Ground Force Worldwide. </p></p><p><p>Federal Signal Corporation officials said in a news release on Wednesday that it had agreed to pay $45 million to purchase Ground Force, which makes specialized-heavy equipment used in large mining operations. </p></p><p><p>Ground Force CEO and owner Ron Nilson could not immediately be reached for comment. But in the news release, Nilson, lauded the deal.  </p></p><p><p>“We are excited to be joining forces with Federal Signal and believe the combination of our two teams represents a natural cultural fit, with both companies exhibiting a shared vision of developing and maintaining strong local community connections,” Nilson said in the release.</p></p><p><p>According to the Federal Signal news release, the purchase will bolster the company’s position as an industry-leading industrial manufacturer of specialized vehicles.</p></p><p><p>“We are thrilled to welcome Ground Force’s talented team members to the Federal Signal family,” said Jennifer L. Sherman, president and CEO of Federal Signal in the release.</p></p>