Yanmar Compact Equipment and ASV Brands Unite
BY AsphaltPro Staff
Yanmar Compact Equipment North America (YCENA), encompassing the Yanmar Compact Equipment and ASV brands, finalized its status as a single legal entity. The major milestone came three years after the Yanmar Group acquired ASV Holdings Inc. Now, the Yanmar Compact Equipment division in North America and ASV officially join to become YCENA.
The entity, headquartered in Grand Rapids, Minnesota, also announced, back in January, plans for a 32,000-square-foot expansion to its Grand Rapids facility. The new expansion and a subsequent paint system will increase paint capacity by up to three times with maximum automation and allow a parts manufacturing capacity increase of up to two times in the previously occupied space. This project sets the stage for future capacity increases with company officials projecting the addition of hundreds of full-time positions over the next five years.