May 24, 2016 2:51 PM ET

Machinery

Company Overview of ASV Inc.

Company Overview

ASV Inc. designs, manufactures, and markets skid steer loaders, compact track loaders, and related parts. The company offers its products for use in the construction, landscaping, and agricultural industries. It markets and sells its products in the United States, Latin America, and Australia. The company was founded in 1983 and is based in Grand Rapids, Minnesota. As of December 19, 2014, ASV Inc. operates as a subsidiary of Manitex International, Inc.

840 Lily Lane

PO Box 5160

Grand Rapids, MN 55744

United States

Founded in 1983

284 Employees

Phone:

218-327-3434

Fax:

218-327-9122

Key Executives for ASV Inc.

Chairman and Chief Executive Officer
Age: 71
President
Age: 57
Compensation as of Fiscal Year 2015.

ASV Inc. Key Developments

Manitex International, Inc. Announces $12.7 Million in New Orders for ASV

Manitex International Inc. announced that ASV, its joint venture with Terex Corporation, has recently received $12.7 million in new orders, for delivery in 2016, to customers both domestically and abroad for retail and rental markets.

ASV Launches New Line of Skid Steer Loaders and Expands Existing Line of Compact Track Loaders

Manitex International Inc. has announced that ASV, its joint venture with Terex Corporation, has launched a new line of skid steer loaders and has simultaneously expanded its existing line of compact track loaders. The new model just introduced, the RT75, is the fourth in their Compact Track Loader line. ASV's newly introduced Skid Steer Loader product line also consists of four models. Skid Steer and Compact Track Loaders are primarily used in agricultural, light commercial and residential construction markets. Whereas skid steer loaders ride on rubber tires and are often used on improved surfaces, compact track loaders ride on rubber tracks and work better on soft, fragile or difficult surfaces. The new products are set to be manufactured at their manufacturing and assembly plant in Grand Rapids, Minnesota, and distributed through the new ASV distribution network under development in North America.

ASV, Inc. Provides Earnings Guidance for the Full Year of 2014

ASV, Inc. provided earnings guidance for the full year of 2014. For the period, the total sales of the company are forecasted to be approximately $128 million in 2014. The company also expects to enter 2015 as a company that has worldwide revenues of over $500 million, 9% EBITDA margins, and the ability to generate significant profits and value for shareholders going forward.

Similar Private Companies By Industry

Company Name Region
+Vantage Corporation United States
101 Imports, Inc. United States
21st Century Energy, Inc. United States
360 Yield Center, LLC United States
3DOps United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact ASV Inc., please visit --. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.