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PELLA, Iowa and GRAND RAPIDS, Minn. – Vermeer Mfg. Co. and ASV today announced a long-term commercial alliance between the two companies. The alliance designates ASV as the exclusive rubber track undercarriage supplier for the Vermeer line of utility trenchers and other products, and builds on the complementary strengths of two leading manufacturers in the agricultural, construction and industrial equipment industries.
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Technological innovation was a key factor in Vermeer's decision to form the alliance with ASV, according to Kevin Alft, Vice President of Underground Installation for Vermeer. "ASV was first in the industry to develop rubber track technology and has earned the reputation for building the highest quality rubber track undercarriages," he said. "The company's patented systems help provide more stability on the slopes, greater traction and floatation, and decreased ground pressure. These advantages will help increase our customers' productivity and efficiency while on the job."
Under the agreement, ASV will supply its rubber track undercarriages to select products in Vermeer's line of horizontal directional drills, utility trenchers and other products. ASV's patented system is designed to enhance machine traction, stability and support, while causing minimal terrain disturbance.
"We are pleased to become the rubber track undercarriage supplier of choice for Vermeer, a pioneer and leader in the industrial equipment industry," said Mark Glasnapp, President of ASV. "As an industry innovator, Vermeer recognizes the value that rubber tracks can bring to the compact equipment market. By providing a stable platform and extending the work season to include the early spring and late fall, rubber track undercarriages can offer greater performance and productivity over similar wheeled equipment."
Three new models of utility trenchers and one new horizontal directional drill utilizing ASV's undercarriage technology will be introduced by Vermeer at the International Construction and Utility Equipment Exposition (ICUEE) in Louisville, Ky., Sept. 27 to 29, 2005. The companies anticipate limited production of some of these new models in late fourth quarter 2005.