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Table: Asia/Pacific (Including Japan) Printer Shipments, Value of Shipments, and ASV by Vendor, 2010-2012
This ASV program has been outstanding because of the dedication of the people here at Textron Marine & Land Systems who put their efforts into making the best vehicle possible for our troops," said Textron Marine & Land Systems General Manager Tom Walmsley.
As one of the largest suppliers of buses in North America, it's critical the ASV Bus Division be synonymous with providing innovative products, outstanding customer service, and the most focused and comprehensive distribution network in the industry.
The ASV is a 4X4 wheeled armored vehicle that offers significant crew protection through the employment of multiple layers of armor that provides defense against small arms fire, artillery projectile fragments, and land mines.
Within the Commercial segment ASV offers a full line of buses, terminal trucks and sweeper vehicles.
Production and deliveries of the ASV continue at the normal production rate of 48 vehicles a month with firm contracts through April 2010.
The ASV is a light, agile wheeled combat vehicle with 360 degree armor protection against small arms fire that can withstand anti-tank land mines under any wheel and artillery burst fragments overhead.
On February 26, 2008, Terex announced the successful completion of its tender offer for ASV common stock.
Terex and ASV expressly disclaim any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement included in this press release to reflect any changes in expectations with regard thereto or any changes in events, conditions, or circumstances on which any such statement is based.
I look forward to becoming part of this team and helping ASV in its quest to become the world's best specialty vehicle manufacturer.
Swift will remain involved with ASV as Chairman of the Board of Directors.
The award was presented to ASV at an award ceremony held at ASV's Undercarriage Manufacturing Facility in Cohasset, MN on May 12.
The tender offer (the "Offer") is being made pursuant to a merger agreement ("the Agreement") with ASV, dated as of January 13, 2008, and is scheduled to expire at midnight, New York City time, at the end of Monday, February 25, 2008, unless extended.
Heavy-Duty Components and Innovative ASV Styling Are Key Features on 2005 Scorpion and Evolution Models
With this additional order, our customer has again chosen the ASV to protect soldiers," said Tom Walmsley, general manager, Textron Marine & Land Systems.
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