REV Group, Inc. Overview
Company Headquarters: US
Founded: 2010
Workforce: ~ 8,040
Company Working: REV Group, Inc. is a holding company. It manufactures, distributes, and designs specialty vehicles and related aftermarket parts and services. It operates through the segments, namely fire and emergency, commercial, recreation, and corporate and other. The fire and emergency segment covers fire apparatus and ambulance products. The commercial segment involves in shuttle and transit buses, mobility vans, type A school buses, terminal, and trucks sweepers. The recreation segment covers motorized recreational vehicle and application trailers. The corporate and other segment covers corporate office expenses, stock-based compensation, results of insignificant operations, intersegment eliminations, and income & expenses services.
REV Group primarily competes with Thor Industries, Inc., Winnebago Industries, Inc., Forest River, and Tiffin Motorhomes, Inc. in the global recreational vehicle market. It has 18 manufacturing plants in the US.
Strategy
REV Group focuses on the development of customized products with new features and services to enhance its brand. The company strategizes to emphasize on gaining high returns on the invested capital. The company plans to strengthen its partnerships and collaborations with rental companies and chassis and other component providers to enhance the sales of its recreational vehicles. It has also been working on the market development and enhance its aftermarket services to serve a large number of the customers.
