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.
Yanmar America is the North American headquarters of Yanmar Holdings. Ranked #1 in Product
Quality for five years in a row by the Equipment Dealers Association, Yanmar provides innovative
solutions for Rural Lifestyle and Industrial Equipment customers.
Yanmar was the world’s first manufacturer to develop a practical small diesel engine in 1933 and
has continued to push the boundaries of innovation and technology ever since. As a manufacturer of
diesel engines, compact tractors and utility task vehicles, construction machinery, and industrial
equipment, Yanmar's products are sold in over 130 countries.
At Yanmar America, we are committed to providing our customers with the highest quality products
and services, backed by a strong team of professionals who share our dedication to excellence. We
look forward to the opportunity to work with you in achieving your goals.
Virginia Beach-based STIHL Inc., produces a full line of high-quality, handheld outdoor power equipment including blowers, trimmers, brushcutters, and multi-task tools, as well as the number one selling brand of chainsaws worldwide. STIHL Inc. manufactures over 260 model variations of handheld outdoor power equipment for sale in the U.S. and around the world.