Collins Industries

REV Group, Inc. Reports Strong First Quarter Results, Provides Updated Fiscal 2024 Outlook

Retrieved on: 
Wednesday, March 6, 2024
Recreational Vehicles, Performance & Special Interest, General Automotive, Aftermarket, Automotive, Other Transport, Trucking, Air, Transport, Automotive Manufacturing, Other Automotive, Logistics, Supply Chain Management, Manufacturing, Collins Industries, REV Group, Growth, Sale, Fire, ElDorado National, Commercial, Trade working capital, REVG, Capital expenditure, GAAP, ABL, Capital, Emergency, Wind, Recreation, ENC

REV Group, Inc. (NYSE: REVG) (the “company”), a manufacturer of industry-leading specialty and recreational vehicles, today reported results for the three months ended January 31, 2024 (“first quarter 2024”).

Key Points: 
  • REV Group, Inc. (NYSE: REVG) (the “company”), a manufacturer of industry-leading specialty and recreational vehicles, today reported results for the three months ended January 31, 2024 (“first quarter 2024”).
  • Consolidated net sales in the first quarter 2024 were $586.0 million, representing an increase of 0.4% compared to $583.5 million for the three months ended January 31, 2023 (“first quarter 2023”).
  • Adjusted EBITDA in the first quarter 2024 was $30.5 million, compared to $21.3 million in the first quarter 2023.
  • Capital expenditures in the first quarter 2024 were $10.5 million compared to $3.8 million in the first quarter 2023.

Forest River Acquires Collins Bus, Strengthening Position as America's Premier Shuttle and School Bus Builder

Retrieved on: 
Monday, January 29, 2024
Automotive Manufacturing, Primary, Secondary, Automotive, Education, Manufacturing, Public Transport, Transport, General Automotive, Performance & Special Interest, Alternative Vehicles, Fuels, Fleet Management, Student, Collins Industries, Corporation, Multimedia, History, Acquisition, Safety, Type, Interior design

Forest River Bus, LLC., a subsidiary of Forest River, Inc. and the nation's leading shuttle bus and van manufacturer, proudly announces the acquisition of Collins Bus, one of America's oldest and most successful school bus builders.

Key Points: 
  • Forest River Bus, LLC., a subsidiary of Forest River, Inc. and the nation's leading shuttle bus and van manufacturer, proudly announces the acquisition of Collins Bus, one of America's oldest and most successful school bus builders.
  • Renowned for its commitment to safety, strength, and reliability, Collins Bus holds a distinguished status as the pioneer in the development of the Type A school bus.
  • “The addition of Collins Bus to the Forest River Bus family highlights another milestone in our overall growth and leadership,” stated Pete Liegl, President and CEO of Forest River, Inc. “The performance of our Bus and Van division is a shining star for Forest River, and this acquisition raises an already high bar.”
    Forest River Bus President, David Wright, expressed his enthusiasm about this acquisition, stating, "We are thrilled to welcome Collins Bus into the Forest River family.
  • Forest River is committed to preserving the legacy of Collins Bus, while leveraging its own innovative approaches to enhance product offerings.

REV Group, Inc. to Exit School and Transit Bus Manufacturing and Reorganize Into Two Reporting Segments; Announces a Special Cash Dividend

Retrieved on: 
Monday, January 29, 2024
Automotive Manufacturing, Manufacturing, Aftermarket, General Automotive, Automotive, Emergency, ABL, Fire, ENC, History, Commercial, CNG, Sale, Acquisition, Recreation, EV, Webcast, Internet, Collins Industries, REV Group, ENC (company), REVG, El Dorado, Growth, Bank

“We have a long and successful history with Collins that dates back to the initial acquisition that started REV Group.

Key Points: 
  • “We have a long and successful history with Collins that dates back to the initial acquisition that started REV Group.
  • I would like to thank the Collins team members for their contributions to REV Group and wish them continued success,” stated Mark Skonieczny, President and CEO of REV Group.
  • REV Group will be reorganized into two reporting segments beginning with its first quarter fiscal 2024 results.
  • An audio replay of the call and related question and answer session will be available for 12 months at this website.

EMCORE Corporation Enters Into Cooperation Agreement with Bradley L. Radoff

Retrieved on: 
Thursday, January 11, 2024
Aircraft, Vought, Head, Certified Management Accountant, Certified Public Accountant, Economics, Intelligence, George Washington University, University, Harvard University, Chair, Growth, M.A, Alternatives, Financial management, MBO, Collins Industries, Strategy, Annual general meeting, Strategic management, Financial analyst, History of Europe, Management

ALHAMBRA, CA, Jan. 11, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (NASDAQ: EMKR) (“EMCORE” or the “Company”), the world’s largest independent provider of inertial navigation solutions to the aerospace and defense industry, today announced that it has entered into a cooperation agreement (the “Cooperation Agreement”) with Bradley L. Radoff and certain of his affiliates (“Radoff”), pursuant to which Cletus C. Glasener and Jeffrey J. Roncka were appointed to the Company’s board of directors (the “Board”) effective immediately. The Company also announced that Chairman Stephen L. Domenik has stepped down from the Board and the size of the Board was increased to six effective immediately to facilitate the appointment of the new Board members. Pursuant to the Cooperation Agreement, Mr. Glasener was appointed as Chairman of the Board.

Key Points: 
  • ALHAMBRA, CA, Jan. 11, 2024 (GLOBE NEWSWIRE) -- EMCORE Corporation (NASDAQ: EMKR) (“EMCORE” or the “Company”), the world’s largest independent provider of inertial navigation solutions to the aerospace and defense industry, today announced that it has entered into a cooperation agreement (the “Cooperation Agreement”) with Bradley L. Radoff and certain of his affiliates (“Radoff”), pursuant to which Cletus C. Glasener and Jeffrey J. Roncka were appointed to the Company’s board of directors (the “Board”) effective immediately.
  • Pursuant to the Cooperation Agreement, Mr. Glasener was appointed as Chairman of the Board.
  • Mr. Radoff added, “I am pleased to have worked quickly and efficiently with the Board to reach a constructive agreement for the benefit of all stockholders.
  • The full Cooperation Agreement with Radoff will be filed on Form 8-K with the U.S. Securities and Exchange Commission.

Lightning eMotors Reports Record Revenue for the Third Quarter of 2023

Retrieved on: 
Monday, November 20, 2023
Technology, General Automotive, Fleet Management, Automotive Manufacturing, EV, Electric Vehicles, Manufacturing, Other Transport, Automotive, Trucking, Vehicle Technology, Transport, Software, Public Transport, Other Automotive, EBITDA, Collins Industries, MES, Commercial, Form 10-Q, Bank statement, MRP, Investment, Collection, Form, ISO, OEM, GAAP, CATL, Partnership, ERP, ISO 9001:2015, Certification, Airline, Rail transport, Video game, Bookkeeping, Proterra, Lightning

Lightning eMotors, a leading provider of zero-emission powertrains and medium-duty and specialty commercial electric vehicles for fleets, today announced consolidated results for the third quarter ended September 30, 2023.

Key Points: 
  • Lightning eMotors, a leading provider of zero-emission powertrains and medium-duty and specialty commercial electric vehicles for fleets, today announced consolidated results for the third quarter ended September 30, 2023.
  • We generated record quarterly revenue, selling 110 vehicles across a range of classes and vehicle applications.
  • Through our partnership with Collins Bus, Lightning has sold 70 of our new ZEV4 school buses since we launched the product this Spring.
  • Third quarter revenue was $12.4 million, compared to $11.1 million for the prior year quarter.

Lightning eMotors Reports Financial Results for First Quarter 2023

Retrieved on: 
Wednesday, May 17, 2023
Alternative Vehicles, Fuels, Trucking, EV, Electric Vehicles, Automotive, Transport, Automotive Manufacturing, Manufacturing, Logistics, Supply Chain Management, Fleet Management, Government, CFO, Growth, Romeo, Lightning, EBITDA, Collins Industries, GAAP, GM, Clan Macnab

Lightning eMotors, Inc., a leading provider of zero-emission powertrains and medium-duty and specialty commercial electric vehicles for fleets, today announced consolidated results for the first quarter ended March 31, 2023.

Key Points: 
  • Lightning eMotors, Inc., a leading provider of zero-emission powertrains and medium-duty and specialty commercial electric vehicles for fleets, today announced consolidated results for the first quarter ended March 31, 2023.
  • Customer feedback on our new Class 4 vehicles built on the GM platform has been very positive,” stated Tim Reeser, Lightning Co-founder and CEO.
  • First quarter revenue was $1.3 million, compared to $5.4 million for the prior-year quarter.
  • Based on current demand and supply conditions, the Company reiterates its prior 2023 guidance:
    Company management will host a conference call on Wednesday, May 17, 2023, at 8:30 a.m. Eastern Time, to discuss the Company's financial results.

Available for Orders: Collins Bus All Electric Ford E-Transit Type A School Bus

Retrieved on: 
Monday, May 1, 2023
Automotive Manufacturing, EV, Electric Vehicles, Automotive, Manufacturing, Public Transport, Transport, Other Automotive, Alternative Vehicles, Fuels, Alternative Energy, Energy, Fleet Management, ACT, Collins Industries, Ford, Multimedia, REV Group, Type, Wheelchair, SCCA Spec Racer Ford Pro Series, Environment, Safety, Rail transport

Collins Bus , a subsidiary of REV Group, Inc. , and an industry leader in manufacturing Type A School Buses, Multi-Function School Activity Buses (MFSAB), childcare buses and electric/alternative fuel buses announces its zero-emissions Ford E-Transit Type A School Bus is available for orders starting Monday, May 1st.

Key Points: 
  • Collins Bus , a subsidiary of REV Group, Inc. , and an industry leader in manufacturing Type A School Buses, Multi-Function School Activity Buses (MFSAB), childcare buses and electric/alternative fuel buses announces its zero-emissions Ford E-Transit Type A School Bus is available for orders starting Monday, May 1st.
  • View the full release here: https://www.businesswire.com/news/home/20230501005386/en/
    Collins Bus, a subsidiary of REV Group, Inc., and an industry leader in manufacturing Type A School Buses, Multi-Function School Activity Buses (MFSAB), childcare buses and electric/alternative fuel buses announces its zero-emissions Ford E-Transit Type A School Bus is available for orders starting Monday, May 1st.
  • E-Transit is the first Type A School Bus on an electric powertrain from a full-line automaker.
  • (Photo: Business Wire)
    E-Transit is the first Type A School Bus on an electric powertrain from a full-line automaker.

Baltimore City Public Schools Partners with Highland Electric Fleets to Deploy 25 Electric School Buses

Retrieved on: 
Tuesday, April 4, 2023
Salt Lake City School District, Maintenance, Mechanics, Partnership, Atmosphere, Electricity, Collins Industries, ESB, IC Bus, EPA, Student, Climate change, City, Baltimore City Public Schools, Transport, Mid-Atlantic (United States), Safety, Round One Corporation, Rail transport, Management

BEVERLY, Mass., April 4, 2023 /PRNewswire/ -- Highland Electric Fleets, the leading provider of school bus fleet electrification-as-a-service in North America, is partnering with Baltimore City Public Schools (City Schools) to install 25 chargers and deploy 20 Type C electric school buses (ESB) from IC Bus and 5 Type A ESB from Collins Bus during the 2023-2024 school year. As an EPA Clean School Bus Program priority district, City Schools worked with Highland to apply for Round One of the program, and received $9,425,000 to bring cleaner, more equitable transportation to historically marginalized Baltimore communities disproportionately impacted by pollution and climate change.

Key Points: 
  • Supported by $9.4M from the EPA's Clean School Bus Program, the project will bring cleaner air and reliable transportation to the City Schools community
    BEVERLY, Mass., April 4, 2023 /PRNewswire/ -- Highland Electric Fleets, the leading provider of school bus fleet electrification-as-a-service in North America, is partnering with Baltimore City Public Schools (City Schools) to install 25 chargers and deploy 20 Type C electric school buses (ESB) from IC Bus and 5 Type A ESB from Collins Bus during the 2023-2024 school year.
  • "We are excited that by electrifying our school bus fleet, we will contribute to cleaner air for students and staff, and for our entire community," said Lynette Washington, Chief Operating Officer at Baltimore City Public Schools.
  • By combining private capital with public funding available through programs such as the EPA's Clean School Bus Program, Highland removes the upfront cost of upgrading to electric school bus fleets.
  • "We are thrilled to support City Schools' sustainability goals and look forward to helping them expedite their electrification transition."

Rob Jones Brings Vast International Business Experience to The Growth Coach of Southwest Missouri

Retrieved on: 
Monday, January 30, 2023
PACCAR, EBITDA, United Kingdom, Collins Industries, Jones, International Coaching Federation, NBC, Growth, Ottawa Trucks, Sale, Open Architecture System Integration Strategy, ESOP, Plant, Entrepreneur (magazine), Strategy, FOX, USA Today, Brunswick Boat Group, CBS, Tutoring, Sales, Ethics, Bond

SPRINGFIELD, Mo., Jan. 30, 2023 /PRNewswire-PRWeb/ -- With more than 40 years of business development experience under his belt, Rob Jones is excited to serve his community in a new way with his new business and sales coaching company – The Growth Coach of Southwest Missouri.

Key Points: 
  • SPRINGFIELD, Mo., Jan. 30, 2023 /PRNewswire-PRWeb/ -- With more than 40 years of business development experience under his belt, Rob Jones is excited to serve his community in a new way with his new business and sales coaching company – The Growth Coach of Southwest Missouri.
  • "I'm looking forward to combining The Growth Coach's proven programs with my vast experience in international business improvement to make a difference for the small and medium business owners and leaders in Southwest Missouri," Jones said.
  • That's the kind of experience and success we bring to The Growth Coach," Jones said.
  • For more information about how The Growth Coach of Southwest Missouri can help you and your business, call 417-861-0117, email [email protected] or visit http://www.TGCSWMissouri.com .

Lightning eMotors Announces 2nd Generation Diesel/CNG to Battery-Electric Repower Program for 40-foot Transit Buses

Retrieved on: 
Tuesday, September 13, 2022
Automotive Manufacturing, Alternative Energy, Green Technology, Energy, Manufacturing, Alternative Vehicles, Fuels, Other Automotive, EV, Electric Vehicles, Other Transport, Environment, Environmental Issues, Fleet Management, General Automotive, Transport, Automotive, Public Transport, Harvesting lightning energy, Carbon, COVID-19, Federal Transit Administration, Ambulance, NYSE, CNG, Growth, Pressure, Private Securities Litigation Reform Act, Environment, Forward-looking statement, U.S. Securities and Exchange Commission, Government, Program, Bluebird, Perception, Solution, Collins Industries, Transport, API, CAAS, Class, ZEV, Security (finance), Marketing, SEC, Multimedia, Repower (company), Rail transport, Lightning

Lightning eMotors (NYSE: ZEV), a leading provider of zero emissions medium duty commercial vehicles and electric vehicle technology for fleets, announced today it will now offer a second generation repower program for high-demand 40-foot transit buses.

Key Points: 
  • Lightning eMotors (NYSE: ZEV), a leading provider of zero emissions medium duty commercial vehicles and electric vehicle technology for fleets, announced today it will now offer a second generation repower program for high-demand 40-foot transit buses.
  • Lightning eMotors is a proven manufacturer in the public transit market, having deployed over 300 new and repowered vehicles across multiple sectors, including full-sized transit, micro-transit, last mile delivery, emergency response, school buses and others.
  • Customers who choose Lightning eMotors repowered transit buses will qualify for the same federal and state funding as new electric buses, including the Federal Transit Administrations Low and No Emission Vehicle Program .
  • Lightning will repower the buses at its Loveland, Colorado, factory or at one of Lightnings Authorized Repower Partners located nationwide.