Motor Car and A.J. Miller Company in 1956, merging them together as Miller-Meteor. In 1956, Newton Glekel began negotiations with Divco to undergo a merger with Wayne Works. After having inspected the Richmond factory for a potential 1949 sale, the New York-based investor retained interest. At the time in the United States, Wayne controlled a 25% share of school bus manufacturing with Miller-Meteor controlling a 50% share of professional car manufacturing. Divco-Wayne Corporation (1956-1968) In November 1956, under the leadership of Newton Glekel, a real estate investor from New York, completed a merger of Divco and Wayne Works, with Divco acquiring the assets of Wayne; a 26% share was owned by the law firm owned by Glekel. Under the merger, Wayne began business as the Divco-Wayne Corporation; by 1961, all management of the merged company came from Wayne, with Glekel serving as president. Divco-Wayne structure Following the merger, Divco-Wayne expanded into a manufacturing conglomerate; beyond its bus, professional car, and truck product lines, Divco-Wayne expanded into the manufacturing of mobile homes, recreational vehicles, and ambulances. Although Divco would continue the manufacturing of its namesake delivery vehicles, nearly all vehicle manufacturing was completed through Wayne and its professional car subsidiaries. Delivery vehicles (Divco) Divco stands for Detroit Industrial Vehicles COmpany. Founded in 1926, Divco was known for its pioneering delivery vehicles, with many examples built as milk trucks. At the time of the Divco-Wayne merger, 75% of milk delivery vehicles sold in the United States were manufactured by Divco. First built in 1926, Divco produced its delivery trucks until 1986; only the Volkswagen Beetle remained in production under a single generation for longer. Divco trucks have become popular collectible vehicles today. Following the 1956 merger, Divco-Wayne continued manufacturing of Divco trucks in its Detroit facility. From 1959 to 1961, the company produced the Divco Dividend bus, a Divco truck modified with seats and windows from Wayne buses. In 1967, Divco-Wayne sold off its namesake truck manufacturing arm to air conditioning manufacturer Transairco. As part of the sale, Transairco shifted manufacturing of Divco trucks in 1969 from Detroit to Delaware, Ohio, lasting until 1986. Bus manufacturing (Wayne) As Wayne started out as the Wayne Agricultural Works in the 19th century, all manufacturing had been centralized at its facility in Richmond, Indiana. Most bus bodies consisted of in-house manufactured parts and purchased components manufactured by others, combined into bus bodies in assembly operations.