REO Motor Car Company - After Passenger Cars

After Passenger Cars

Although truck orders during World War II enabled it to revive somewhat, the company remained unstable in the postwar era, resulting in a bankruptcy reorganization. In 1954, the company was still underperforming, and sold vehicle manufacturing operations (the primary asset of the company) to the Bohn Aluminum and Brass Corporation of Detroit. Three years later, in 1957, it became a subsidiary of the White Motor Company. White then merged REO with Diamond T Trucks in 1967 to form Diamond-Reo Trucks, Inc. In 1975, this company filed for bankruptcy in the Western District of Michigan and most of its assets were liquidated.

Meanwhile, the corporation remained nominally after the 1954 Bohn sale. Management began liquidating the organization, but due to shareholder issues, instead acquired Nuclear Consultants, Inc., a nuclear medicine or nuclear industry services organization (unclear), and renamed the combined company "Nuclear Corporation of America, Inc." The company diversified, and purchased other companies, to become a conglomerate, including nuclear, prefabricated housing, and steel joist businesses. Most of these business were failures, except for the latter, and the company was bankrupted once again in 1965. Upon reorganizing, only the successful steel joist business remained; that company started producing recycled steel, leading to today's steel company, Nucor.