REV GROUP, INC.

(REVG)
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REV : HARRISBURG FIRE DEPARTMENT PURCHASES FIRST 107' SMART REACH™ AERIAL FROM SPARTAN EMERGENCY RESPONSE®

01/20/2022 | 09:41am EDT

Spartan Emergency Response®, a subsidiary of REV Group® and leading manufacturer of fire apparatus, has announced it is building a 107' Rear Mount Aerial with Smart Reach™ Multi-Stance™ technology for the Harrisburg Fire Department in North Carolina.

Smart Reach™ Multi-Stance™ is the patented new Smeal® ladder and outrigger control system that offers increased versatility and functionality for today's firefighters, including a 360-degree, no dead-zone functionality that can be adapted to the scene while maintaining full reach, and access to real-time data. The Multi-Stance™ technology allows the operator to set up the outriggers to any reach that the fire scene will accommodate. In addition, the Smart Reach™ control console offers the next generation of electric and hydraulic aerial controls, giving users the ultimate in smooth operation.

Harrisburg spent many hours researching and testing aerial products before deciding on the Smart Reach Aerial. "It wasn't until we tested the Smart Reach Aerial that we came to appreciate all the technical innovations, functionality and capabilities this apparatus offers," said Harrisburg Fire Chief Bryan Dunn. "Coupled with Smeal's pedigree of aerial safety and stability, we immediately knew this apparatus would be a perfect fit that will effectively and efficiently meet the rigorous operational demands of our department."

A loyal Spartan Chassis customer since 1993 and a Smeal customer since 2004, Harrisburg worked with the Smeal team and Atlantic Coast Fire Trucks in receiving real time drawings and 3D Cad schematics of previous apparatus to maintain safety and effectiveness continuity among its fleet. The latest safety features include the Spartan Advanced Protection System® (APS), the Active Air Purification System, EZ Clean Cab Interior Surface, enhanced scene, and ground lighting, Bostrom Durawear washable seat covers and more.

"Spartan Emergency Response is honored to continue our long relationship with the Harrisburg Fire Department in serving their community," said Chris Wade, Director of Sales at Spartan Emergency Response. "The department's hands-on approach and feedback was a key part of our final design. Their trust in us has created an exciting partnership with the launch of our leading-edge Smart Reach Aerial and continuing our service to the town for another generation."

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About Spartan Emergency Response

Spartan Emergency Response®, comprised of REV Group subsidiaries Spartan Fire, LLC, Smeal SFA, LLC, Smeal LTC, LLC and Smeal Holding, LLC, is a North American leader in the emergency response market and offers brands including Spartan Authorized Parts, Spartan Factory Service Centers, Spartan Fire Chassis®, Smeal, and Ladder Tower. Spartan Emergency Response vehicles are well known for safety, quality, durability, aftermarket product support, and first-to-market innovation. The company operates facilities in Michigan, Pennsylvania, South Dakota, and Nebraska.

About REV Group, Inc.

REV Group® companies are leading designers and manufacturers of specialty vehicles and related aftermarket parts and services, which serve a diversified customer base, primarily in the United States, through three segments: Fire & Emergency, Commercial, and Recreation. They provide customized vehicle solutions for applications, including essential needs for public services (ambulances, fire apparatus, school buses, and transit buses), commercial infrastructure (terminal trucks and industrial sweepers), and consumer leisure (recreational vehicles). REV Group's diverse portfolio is made up of well-established principal vehicle brands, including many of the most recognizable names within their industry. Several of REV Group's brands pioneered their specialty vehicle product categories and date back more than 50 years. REV Group trades on the NYSE under the symbol REVG. Investors-REVG

Disclaimer

REV Group Inc. published this content on 19 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 January 2022 14:40:07 UTC.


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Financials (USD)
Sales 2022 2 446 M - -
Net income 2022 46,6 M - -
Net Debt 2022 197 M - -
P/E ratio 2022 19,7x
Yield 2022 1,27%
Capitalization 742 M 742 M -
EV / Sales 2022 0,38x
EV / Sales 2023 0,35x
Nbr of Employees 6 800
Free-Float 54,5%
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Number of Analysts 6
Last Close Price 11,79 $
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Rodney N. Rushing President, Chief Executive Officer & Director
Mark Anthony Skonieczny Chief Financial Officer & Senior Vice President
Paul Joseph Bamatter Chairman
Peter Panagis Chief Information Officer
Jean-Marie Canan Lead Independent Director
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