REV Group

REV Group (formerly Allied Specialty Vehicles) is an American manufacturer of specialty vehicles, including buses, fire trucks, ambulances, and recreational vehicles.

REV Group
Formerly
Allied Specialty Vehicles
Public
Traded asNYSE: REVG
Russell 2000 Component
ISINUS7495271071 
IndustryEmergency and Recreational vehicle manufacturing
Founded2010 (2010)
HeadquartersAssociated Bank River Center[1],
Milwaukee, Wisconsin
,
USA
Key people
Rod Rushing (CEO), Peter Guile (Former CEO)
ProductsEmergency services vehicles, buses, ambulances, special-purpose vehicles, recreational vehicles
Number of employees
8,000[2]
DivisionsCollins Industries
E-One
Fleetwood Enterprises
Ferrara Fire Apparatus
Spartan Emergency Response
Websitehttp://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

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
Spartan Emergency Response Nebraska, Pennsylvania, 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
  1. 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.
  2. https://www.owler.com/company/revgroup
  3. "REV Group Announces Leadership Change Effective Immediately Board Appoints Rod Rushing as CEO as Tim Sullivan Departs" (Press release). 2020-03-24.
  4. "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.
  5. "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.
  6. Mcfadden, Naeem (2010-09-23). "Road Rescue to shut down in Marion". SCNow. Archived from the original on 2019-06-05.
  7. "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.
  8. Meenan, Jim (2013-05-22). "Elkhart company to close". South Bend Tribune. Retrieved 2019-06-04.
  9. "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.
  10. "Navistar sends RV biz on a one-way road trip". Chicago Business Journal. 2013-05-16. Archived from the original on 2013-06-20.
  11. "Thor Sells Bus Business" (Press release). 2013-07-31. Archived from the original on 2015-01-09 – via InsideINdianaBusiness.
  12. "Allied Specialty Vehicles Selects ʺREVʺ as New Company Name" (Press release). 2015-11-02. Archived from the original on 2017-08-09.
  13. Holland, Christopher (2016-04-12). "Kovatch sells KME; all jobs to be retained". Lehigh Valley Business. Retrieved 2019-06-04.
  14. "REV GROUP, INC. (REVG) IPO". NASDAQ.com. Retrieved 2019-06-05.
  15. 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.
  16. 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.
  17. "REV Group acquires Ferrara Fire Apparatus" (Press release). 2017-04-25. Archived from the original on 2019-06-05.
  18. "REV Group, Inc. Acquires Renegade RV" (Press release). 2016-12-30. Archived from the original on 2019-06-05 – via PR Newswire.
  19. 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.
  20. "Spartan Motors Announcements". Spartan Motors. 2020-02-03. Retrieved 2020-02-03.
  21. "Forest River acquires REV Group's shuttle bus business". Retrieved 2020-05-13.
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