ASV to increase production capacity by 30 percent citing increased industry demand
ASV Holdings, an manufacturer of all-purpose and all-season compact track loaders and skid steers, will increase production capacity by approximately 30 percent in Q1 of 2021, creating 28 new jobs in the company's Grand Rapids, Minnesota facility.
The move will strengthen ASV machine availability in the compact equipment industry and comes amid the success of the new MAX-Series line combined with industry demand.
"We are pleased to invest in increased production capacity to support our growth, in addition to adding jobs to the Minnesota workforce," said Kevin Zimmer, president of YANMAR Compact Equipment North America, which encompasses the YANMAR Compact Equipment and ASV Holdings Inc. brands. "It's a strong indicator of our success in growing as a comprehensive provider of compact equipment in North America."
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