ASV Holdings Inc., a Yanmar Compact Equipment company and manufacturer of all-purpose and all-season compact track loaders and skid steers, will increase production capacity by approximately 30% in Q1 of 2021, creating 28 new jobs.
The transaction is expected to close in the third quarter of 2019. Andrew Rooke, ASV's chairman and CEO, commented to Rural Lifestyle Dealer, "They (Yanmar) see opportunity with the ASV people, the ASV technology and ASV resources. We think this is a very positive thing for dealers."
Buck Storlie has been promoted to product line manager for ASV Holdings Inc. and will be responsible for determining the direction of ASV's lines of compact track loaders and skid-steer loaders.
ASV added Thompson Rental Services to its dealer network. The dealership serves the Columbia, S.C., area, offering ASV’s full line of skid-steers and compact track loaders.
The RT-40 provides an alternative to walk-behind and stand-on mini skid-steer loaders and expands ASV’s expertise in small-frame compact track loaders.
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