ASV Holdings, Inc. Enters Brazil Market with State-of-the-Art RT-120F Forestry Units
20 September 2018 - 11:01PM
Business Wire
Initial Order Taken to Supply
Multi-Million-Acre Timberland Asset Manager in Brazil
ASV Holdings, Inc. (NASDAQ: ASV), a leading provider of
rubber-tracked compact track loaders and wheeled skid steer loaders
in the compact construction equipment market, today announced its
entry into Brazilian forestry and timber markets with RT-120F
forestry compact track loader units outfitted with remote
telematics monitoring. Initial orders have been taken with
deliveries expected in 2018.
Justin Rupar, V.P. of Sales and Marketing for ASV, commented,
“Our premium, durable and time-tested products are starting to
attract more attention from overseas markets with the significant
performance, productivity, reliability and cost benefits that
haven’t existed in the past from this class of product.
“Extensive field tests and customer evaluations of the
performance, capabilities and ROI of various competing brands and
more traditional forestry equipment have indicated that our RT120F
machine, matched with specialized mulching heads used in the
maintenance, harvesting, and management of vast timberlands,
provide the exact product attributes needed for maximum
performance, productivity and return on investment in this area. We
believe there is an excellent opportunity for follow-on orders with
this new customer as well as with other customers in South
America’s forestry, logging, and other sectors for which ASV
machines offer unique performance, environmental benefits and
cost-efficiency advantages,” concluded Mr. Rupar.
For additional information on the RT-120F and its features,
particularly with respect to how the product is enabling higher
productivity in South American forestry markets, please see
http://asvi.com/track-loaders/rt-110/ and
https://revistabforest.com.br/2018/09/b-forest-a-revista-eletronica-do-setor-florestal-edicao-47-ano-05-n-08-2018/.
About ASV Holdings, Inc.
ASV Holdings, Inc. is a designer and manufacturer of compact
construction equipment. Its patented Posi-Track rubber tracked,
multi-level suspension undercarriage system provides a competitive
market differentiator for its Compact Track Loader (CTL) product
line with brand attributes of power, performance and
serviceability. Its wheeled Skid Steer Loaders (SSLs) also share
the common brand attributes. Equipment is sold through an
independent dealer network throughout North America, Australia, and
New Zealand. The company also sells OEM equipment and aftermarket
parts. ASV owns and operates a 238,000 square-foot production
facility in Grand Rapids, MN.
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version on businesswire.com: https://www.businesswire.com/news/home/20180920005059/en/
Investor Contacts:Darrow Associates, Inc.Peter
Seltzberg, 516-419-9915Managing Director, Investor
Relationspseltzberg@darrowir.comorASV Holdings, Inc.Andrew
Rooke, 218-327-5389Chief Executive OfficerAndrew.rooke@asvi.com
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