REV Group
REV Group (formerly Allied Specialty Vehicles) is an American manufacturer of specialty vehicles, including buses, fire trucks, ambulances, and recreational vehicles.
 | |
| Formerly | Allied Specialty Vehicles |
|---|---|
| Type | Public |
| NYSE: REVG Russell 2000 Component | |
| Industry | Emergency and Recreational vehicle manufacturing |
| Founded | 2010 |
| Headquarters | Associated Bank River Center[1], Milwaukee, Wisconsin , USA |
Key people | Rod Rushing (CEO), Peter Guile (Former CEO) |
| Products | Emergency services vehicles, buses, ambulances, special-purpose vehicles, recreational vehicles |
Number of employees | 8,000[2] |
| Divisions | Collins Industries E-One Fleetwood Enterprises Ferrara Fire Apparatus Spartan Emergency Response |
| Website | http://www.revgroup.com/ |
The company has yearly revenue of over $1 billion. The company is led by Rod Rushing, CEO, formerly of Johnson Controls.[3]
History
Allied Specialty Vehicles was formed in 2010 from the merger of four companies owned by American Industrial Partners: Collins Industries, E-One, Halcore Group, and Fleetwood Enterprises.[4]
In September 2010, ASV acquired the assets of ambulance manufacturer Road Rescue from Spartan Motors.[5][6]
In 2013, three acquisitions were announced. SJC Industries was purchased in May 2013 from Thor Industries. It is a manufacturer of ambulances under the brand names McCoy Miller and Marque.[7][8]
A week later, it was announced that ASV was purchasing the RV assets of Navistar International, which include Monaco, Holiday Rambler, R-Vision and the Beaver and Safari brands.[9][10]
In August 2013, ASV announced the purchase of Thor Industries' bus businesses, including the ElDorado Motor Corp., National Coach, Champion Bus, and Goshen Coach companies.[11]
Allied Specialty Vehicles changed its name to REV Group in November 2015.[12]
In April 2016, REV Group acquired fire truck manufacturer Kovatch Mobile Equipment Corp.[13]
In January 2017, the company went public with ticker symbol REVG.[14][15]
In 2017, REV Group acquired Ferrara Fire Apparatus[16][17] and Renegade RV.[18]
In January 2018, REV Group acquired California-based Lance Camper. Lance was founded in 1965 and manufactures truck campers and towable RVs.[19]
In February 2020, REV Group announced its acquisition of Spartan ER, a subsidiary of Spartan Motors.[20]
In May 2020, REV Group sold its shuttle bus brands Champion, Federal Coach, World Trans, Krystal Coach, ElDorado and Goshen Coach to Forest River. [21]
Product lines
Buses
| Company name | Location | Product line(s) |
|---|---|---|
| Collins Bus | South Hutchinson, Kansas | School buses/MFSAB |
| ENC | Riverside, California | Transit buses |
Fire and emergency vehicles
| Company name | Location | Product line(s) |
|---|---|---|
| Fire Apparatus | ||
| E-One | Ocala, Florida | Fire apparatus |
| Kovatch Mobile Equipment (KME) | Nesquehoning, Pennsylvania | Fire apparatus |
| Ferrara Fire Apparatus | Holden, Louisiana | Fire apparatus |
| Ladder Tower | Ephrata, Pennsylvania | Ladder trucks |
| Smeal Fire Apparatus | Snyder, Nebraska | Fire apparatus |
| Spartan Emergency Response | Brandon, South Dakota | Fire apparatus |
| Ambulances | ||
| American Emergency Vehicles (AEV) | Jefferson, North Carolina | Ambulances (Type I, II, III) |
| Horton Ambulance | Grove City, Ohio | Ambulances (Type I, II, III) |
| Frontline Emergency Vehicles | Winter Park, Florida | Ambulances (Type I, III) |
| Leader Emergency Vehicles | South El Monte, California | Ambulances (Type II, III) |
| Marque Ambulance | Winter Park, Florida | Ambulances (Type I, II, III) |
| McCoy Miller | Winter Park, Florida | Ambulances (Type I, II, III) |
| Road Rescue | Winter Park, Florida | Ambulances (Type I, II, III) |
| Wheeled Coach | Winter Park, Florida | Ambulances (Type I, II, III) |
Recreational vehicles
| Company name | Location | Product line(s) |
|---|---|---|
| American Coach | Decatur, Indiana | Class A luxury motorhomes |
| Fleetwood Enterprises | Decatur, Indiana | Class A, Class C motorhomes |
| Monaco Coach | Decatur, Indiana | Class A luxury motorhomes |
| Holiday Rambler | Decatur, Indiana | Class A, Class C motorhomes |
| Renegade RV | Bristol, Indiana | Class C luxury motorhomes
Enclosed trailers |
| Midwest Automotive Designs | Elkhart, Indiana | Class B motorhomes
Sprinter van conversions |
| Lance Camper | Lancaster, California | Truck-bed campers
Travel trailers |
Other manufacturing
| Company name | Location | Product line(s) |
|---|---|---|
| Capacity Trucks | Longview, Texas | Terminal tractors |
| Laymor Street Sweepers | Longview, Texas | Street sweepers |
| Goldshield Fiberglass | Decatur, Indiana | Molded fiberglass manufacturing |
References
- Hess, Corrinne (2016-04-07). "REV Group HQ will be in the Milwaukee Center". Milwaukee Business News. Archived from the original on 2017-03-12. Retrieved 2019-06-04.
- https://www.owler.com/company/revgroup
- "REV Group Announces Leadership Change Effective Immediately Board Appoints Rod Rushing as CEO as Tim Sullivan Departs" (Press release). 2020-03-24.
- "American Industrial Partners Announces the Formation of Allied Specialty Vehicles, Inc., a Leading Manufacturer of Specialty Vehicles in North America". American Industrial Partners. 2010-08-24. Archived from the original on 2018-09-05.
- "Allied Specialty Vehicles, Inc. Announces the Acquisition of Road Rescue". Roadrescue.com. 2010-09-20. Archived from the original on 2013-07-25. Retrieved 2013-05-27.
- Mcfadden, Naeem (2010-09-23). "Road Rescue to shut down in Marion". SCNow. Archived from the original on 2019-06-05.
- "Allied Specialty Vehicles, Inc. Acquires Ambulance Manufacturer SJC Industries" (PDF). Allied Specialty Vehicles. 2013-05-06. Archived from the original (PDF) on 2015-05-01. Retrieved 2015-05-01.
- Meenan, Jim (2013-05-22). "Elkhart company to close". South Bend Tribune. Retrieved 2019-06-04.
- "Allied Specialty Vehicles, Inc. Acquires Monaco RV" (PDF). Allied Specialty Vehicles. 2013-05-16. Archived from the original (PDF) on 2014-04-15. Retrieved 2013-05-17.
- "Navistar sends RV biz on a one-way road trip". Chicago Business Journal. 2013-05-16. Archived from the original on 2013-06-20.
- "Thor Sells Bus Business" (Press release). 2013-07-31. Archived from the original on 2015-01-09 – via InsideINdianaBusiness.
- "Allied Specialty Vehicles Selects ʺREVʺ as New Company Name" (Press release). 2015-11-02. Archived from the original on 2017-08-09.
- Holland, Christopher (2016-04-12). "Kovatch sells KME; all jobs to be retained". Lehigh Valley Business. Retrieved 2019-06-04.
- "REV GROUP, INC. (REVG) IPO". NASDAQ.com. Retrieved 2019-06-05.
- Stevenson, Abigail (2017-01-30). "Know your IPO! Cramer finds out if fresh-faced Rev Group is ready to be bought". CNBC. Retrieved 2019-06-05.
- Boone, Timothy (2017-07-01). "Here's how sale of Ferrara Fire Apparatus to affect Holden-based fire engine maker, 450 employees". [[The Advocate (Louisiana)|]]. Archived from the original on 2018-06-23.
- "REV Group acquires Ferrara Fire Apparatus" (Press release). 2017-04-25. Archived from the original on 2019-06-05.
- "REV Group, Inc. Acquires Renegade RV" (Press release). 2016-12-30. Archived from the original on 2019-06-05 – via PR Newswire.
- Dill, Molly (January 15, 2018). "REV Group acquires Lance Camper Adds California RV manufacturer to specialty vehicle lineup". Biz Times/Milwaukee Business News. Retrieved February 9, 2018.
- "Spartan Motors Announcements". Spartan Motors. 2020-02-03. Retrieved 2020-02-03.
- "Forest River acquires REV Group's shuttle bus business". Retrieved 2020-05-13.
