ASV Holdings has reached an agreement with the largest independently owned industrial equipment rental “hire” specialist in Australia, Kennards Hire, which has more than 150 retail locations throughout Australia and New Zealand.
“We are pleased to announce that, after working with our Australian distribution partner, CEG Distributions, to successfully complete an extensive 18-month trial period, Kennards Hire, a pre-eminent name in the Australian equipment rental market, has approved ASV as a supplier of our RT-30 Posi-Track loaders,” says Justin Rupar, vice president of sales and marketing for ASV.
Kennards Hire is a family-owned, third-generation business with $336 million in 2017 revenue and a staff of more than 1,400 across about 150 locations.
“Our long term, leading presence in Australia has provided us with excellent brand recognition and a track-record of providing high quality equipment and support,” Rupar says.
“We are excited to be in the position to grow with Kennards, a leading rental organization. The equipment rental market is among our top growth opportunities and strategic initiatives, and this new agreement provides an excellent channel to increased sales in this market.”
ASV Holdings is a designer and manufacturer of compact construction equipment with a 238,000 square-foot production facility in Grand Rapids, Minnesota.
Its patented Posi-Track rubber tracked, multi-level suspension undercarriage system provides a competitive market differentiator for its Compact Track Loader (CTL) product line, the company says.