In 1984, Richmond Transportation Corporation (RTC) was formed by Jack H. Dekruif, a Corona del Mar, California-based industrialist, and several officers who had served at Wayne for many years under the Indian Head and Thyssen ownership. RTC acquired Wayne Corporation and its Welles subsidiary in Canada in February, 1985. Terry G. Whitesell was named President of RTC. A civic leader in Richmond, Indiana, his prior responsibilities at Wayne included sales, marketing, and purchasing over a period of more than 15 years. Whitesell was well-known within the company, its dealer and supplier networks, and the industry.