Edelman said he owns more than 5% of Fruehauf.

In addition, Asher B. Edelman also confirmed that he is weighing a possible leveraged buy-out of the truck-trailer manufacturer. However, the New York investor said that Fruehauf executives have yet to respond to his two requests for a meeting to discuss the buy-out and other proposals. Fruehauf also manufacturers cargo containers and auto parts. In 1985, the company’s profit fell 17.2% from the previous year to $70.5 million while revenue slipped 8.2% to $2.56 billion.