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ASV Holdings history
ASV Holdings company history timeline
ASV, an acronym for All Season Vehicle, was incorporated in July 1983.
Introduced in 1990, the Posi-Track included a quick-attach mechanism and a three-point hitch that allowed it to function as a brush cutter, bulldozer, auger, mower, and more.
In 1994, ASV spent $30,000 on research and development.
In May 1995, ASV moved into its new offices in Grand Rapids, where it quickly put to use 40,000 square feet of manufacturing space.
The approval for a financing package for the expansion was received in late 1996, enabling the company to increase the size of its manufacturing facility from 40,000 square feet to 100,000 square feet.
Caterpillar increased its ownership of ASV to approximately 15 percent in October 2000, a transaction that involved the two companies increasing their commitments to each other.
The beginning of the new decade also saw ASV introduce its own new product line, the R-Series, which debuted with the RC-30 All Surface Loader in the summer of 2000.
The company's net earnings swelled from $1.4 million in 2000 to $8.7 million.
The family of R-Series vehicles grew during the early years of the decade, springing from research and development spending that reached $2.6 million in 2003.
To prepare for the expected surge in demand for its products, the company purchased a vacant manufacturing facility in early 2004.
2004: Caterpillar increases its stake in ASV to 24.9 percent.
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ASV Holdings competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Dixie Transport Inc | - | $380,000 | 10 | 5 |
| BISSELL | 1876 | $800.0M | 2,500 | 21 |
| Brady | 1914 | $1.3B | 6,600 | 192 |
| Richmond | - | $350,000 | 6 | 80 |
| CJ America | 1968 | $5.3B | 10,001 | 8 |
| Brunswick | 1845 | $5.8B | 13,000 | 335 |
| Classic | - | $660,000 | 50 | 1 |
| Alpha | 1979 | $28.2M | 200 | 56 |
| Cliffs | 1847 | $19.2B | 25,000 | 146 |
| Post Holdings | 1895 | $5.0B | 11,410 | 450 |
ASV Holdings history FAQs
Zippia gives an in-depth look into the details of ASV Holdings, including salaries, political affiliations, employee data, and more, in order to inform job seekers about ASV Holdings. The employee data is based on information from people who have self-reported their past or current employments at ASV Holdings. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by ASV Holdings. The data presented on this page does not represent the view of ASV Holdings and its employees or that of Zippia.
ASV Holdings may also be known as or be related to A.S.V., ASV HOLDINGS INC, ASV Holdings, ASV Holdings Inc and ASV Holdings, Inc.