Fire vehicles now part of Terex portfolio after REV Group merger

Fire equipment portfolio after merger

Terex Corporation has completed its merger with REV Group, creating a combined specialty equipment manufacturer.

Terex Corporation announced the completion on 2 February 2026 in Norwalk, Connecticut.

The combined company will trade on the New York Stock Exchange as Terex Corporation under the ticker NYSE: TEX.

REV stock has ceased trading and is no longer listed on the New York Stock Exchange.

Terex’s portfolio now includes purpose-built fire appliances as part of its expanded specialty vehicle range.

The merger brings additional fire and emergency vehicles into Terex’s product line through REV Group’s existing capabilities.

Terex said its fire vehicles are designed for emergency services alongside ambulances and other specialty apparatus.

The combined business will manufacture and support fire vehicles through its global dealer parts and service network.

Integration plans and financial targets

Terex said the combination with REV Group is expected to deliver $75 million of run-rate value in 2028.

Terex said about 50% of that run-rate value is expected to be achieved over the next 12 months.

Simon Meester, Terex President and Chief Executive Officer, commented: “The combination with REV Group is a defining moment in Terex’s transformation.

“It creates a large-scale leader with a wide range of specialty equipment and a highly synergistic portfolio at the same time.

“The merger positions the company quite uniquely to accelerate profitable growth with a much more resilient top line,” Meester commented. “We look forward to leveraging the best of both organizations and creating real value for our customers and shareholders.”

Company scope and advisors

Terex said its portfolio includes specialty vehicles including fire, ambulance and Recreational Vehicles alongside waste collection vehicles and other equipment categories.

Barclays served as exclusive financial advisor to Terex, with Fried, Frank, Harris, Shriver & Jacobson and Pryor Cashman as legal counsel, and Joele Frank, Wilkinson Brimmer Katcher as strategic communications advisor.

J.P. Morgan served as exclusive financial advisor to REV Group, with Davis Polk & Wardwell as legal counsel, and Brunswick Group as strategic communications advisor.

The announcement sets out the combined company’s market listing arrangements and the integration targets described by Terex.

Lawsuits claim fire truck prices doubled amid industry collusion

Fire truck manufacturers face multiple antitrust lawsuits

Oshkosh, REV Group and Rosenbauer America are facing multiple class action lawsuits in the United States alleging a coordinated effort to inflate the price of fire trucks sold to municipalities.

Reuters reported that the latest case was filed on Friday 31 October by Newstead Fire Company in the Eastern District of Wisconsin, where two similar lawsuits are already pending.

Earlier complaints were lodged by the City of La Crosse, Wisconsin, and by Augusta, Maine, both naming the same defendants alongside the Fire Apparatus Manufacturers’ Association (FAMA).

The cases accuse the manufacturers of colluding through FAMA to exchange confidential economic data, limit production and raise prices in violation of federal antitrust law.

A federal judge has paused the litigation for sixty days to allow coordination among plaintiffs, with further filings expected.

Claims point to price rises and production limits

The lawsuits state that fire truck prices have doubled since 2015, with pumper trucks now averaging $1 million and ladder trucks exceeding $2 million.

Municipalities have reportedly been forced to keep ageing fleets in service longer, increasing maintenance costs and operational risks.

Plaintiffs argue that the manufacturers, which collectively control up to 80% of the US fire truck market, used their dominance to suppress supply and sustain elevated prices.

The complaints also cite “floating price” clauses that allowed suppliers to increase costs after orders were placed, adding further pressure on local budgets.

Companies and trade association deny wrongdoing

Oshkosh, REV Group and Rosenbauer America have each denied the allegations.

All three companies described the claims as meritless and said they were continuing normal operations.

Oshkosh stated that it was reinvesting in US facilities to meet record demand for new vehicles.

FAMA did not respond to Reuters’ request for comment.

Federal scrutiny and political attention

In April, Senators Jim Banks and Elizabeth Warren said consolidation driven by private equity investment had contributed to higher prices and longer delivery times across the US fire truck market.

They referenced a series of acquisitions of smaller manufacturers by private equity firm American Industrial Partners since 2006.

In May, the International Association of Fire Fighters urged the Department of Justice and the Federal Trade Commission to investigate competition issues within the fire apparatus sector.

The agencies have not commented publicly on any ongoing reviews.

Allegations detailed in Newstead complaint

The Newstead Fire Company complaint alleges that Oshkosh, REV Group, Rosenbauer America and FAMA engaged in a long-term price-fixing conspiracy beginning in 2016.

It claims the defendants used FAMA’s internal data reports and meetings to coordinate output and monitor competitors’ pricing decisions.

The suit seeks treble damages, legal costs and a permanent injunction against the alleged practices.

The filing also states that delivery delays have reached more than four years in some areas and that the resulting financial strain has diverted public funds from other safety priorities.

Relevance for fire and safety professionals

Procurement officers and fire chiefs responsible for vehicle acquisition could face direct implications if the alleged price-fixing is proven.

Extended delivery times and higher costs for new apparatus may affect fleet renewal planning, compliance with modern safety standards and equipment reliability during operations.

Budget managers in municipal and industrial fire services may need to reassess procurement schedules if litigation outcomes influence contract pricing or supply availability.

Manufacturers, distributors and trade bodies involved in the production or sale of emergency vehicles will be observing the case closely for potential changes to data-sharing and antitrust compliance practices across the wider sector.

This article was informed by information from the following source[s]: Reuters, United States District Court Eastern District of Wisconsin (Green Bay Division)

Spartan Emergency Response expands Brandon facility to increase fire apparatus output

Expansion aims to meet rising US fire apparatus demand

According to REV Group, Spartan Emergency Response has begun work on expanding its manufacturing facility in Brandon, South Dakota.

The company said the $20 million investment was first announced during its second-quarter earnings call on 4 June.

Spartan Emergency Response is part of REV Group subsidiary Spartan Fire LLC.

The expansion will target a 40% increase in production capacity for both fully custom fire apparatus and semi-custom models that the company said can be built and delivered in under a year.

It added that the project will also expand painting and fabrication process capabilities on the Brandon campus.

Details of the planned site growth

According to REV Group, the expansion will add 56,000 square feet to the existing site.

The company said this will double its current manufacturing footprint.

It added that the improvements are intended to increase output and shorten delivery times for fire departments nationwide.

REV Group stated that the development will also improve process efficiency within its facility.

The firm added that the upgrades will support its custom and semi-custom fire truck production lines.

Employment and local economic impact

REV Group said the project is expected to create 50 new jobs.

It stated that this would bring an estimated $1.8 million increase in annual payroll.

The company also projected an $85,000 increase in annual property tax contributions for the local area.

REV Group said the investment reflects its long-term commitment to the Brandon and Sioux Falls region.

It added that the facility growth will have a lasting effect on the local economy.

Groundbreaking ceremony and leadership comments

Mike Virnig, President of the REV Specialty Vehicles Segment, said: “We are delighted to host our groundbreaking ceremony today to announce our plans for expansion.

“This investment will double our manufacturing footprint and help us meet the rising demand from fire departments across the nation by allowing us to build more fire apparatus and deliver it faster.”

South Dakota Governor Larry Rhoden attended the event and said: “Thank you to Spartan Emergency Response for your heart of service and for your heart to provide a quality product to protect people and to serve people which in most cases is on their worst day.”

Governor Rhoden also shared his own service as a volunteer firefighter during the ceremony.

Attendance from state and local officials

REV Group said other attendees included South Dakota Lieutenant Governor Tony Venhuizen.

City of Brandon Mayor Harry Buck was also present.

The company stated that Chad Krier, Constituent Services Representative at the Office of United States Senator Mike Rounds, attended.

It added that Benjamin Ready, Southeast Regional Director from the Office of United States Senator John Thune, was also there.

Landon Hanson, Military and Veteran Services Representative for Congressman Dusty Johnson, was present as well.

Relevance for fire and safety professionals

The company said the expanded production capacity will allow it to meet higher demand for both custom and semi-custom fire apparatus.

For fire and safety professionals, increased manufacturing output could shorten delivery times for new vehicles.

REV Group stated that the investment also reflects continued growth in the US fire apparatus market.

This development may be relevant for departments planning future procurement.

Spartan Emergency Response expands Brandon facility to increase fire apparatus output: Summary

According to REV Group, Spartan Emergency Response has started expanding its Brandon, South Dakota facility.

The company said the project involves a $20 million investment announced in June 2025.

It added that the goal is to increase production capacity for custom and semi-custom fire apparatus by 40%.

The expansion will add 56,000 square feet and improve painting and fabrication processes.

REV Group stated that the project will double the current manufacturing footprint.

The company said the plan will create 50 jobs and add $1.8 million to annual payroll.

It projected an $85,000 annual increase in property tax contributions.

Mike Virnig, President of the REV Specialty Vehicles Segment, spoke at the groundbreaking.

South Dakota Governor Larry Rhoden also attended and delivered remarks.

Other state and local officials were present at the event.

REV Group opens registration for 2025 emergency vehicle training event

Registration opens for Fire Truck Training Conference in the United States

REV Group has announced that registration is now open for its 2025 Fire Truck Training Conference (FTTC), scheduled to take place from 21 to 26 September at the Lansing Center in Lansing, Michigan.

According to REV Group, the FTTC is one of the largest combined symposiums in the United States focused on training and certifying emergency vehicle technicians who maintain fire apparatus and ambulances.

The company confirmed that over 400 participants from the United States, Canada and Latin America are expected to attend the event, which will include new training content in fleet management, leadership and ambulance maintenance.

REV Fire Group expands training scope with new 2025 sessions

REV Fire Group, a division of REV Group, reported that this year’s event will build on the previous format by expanding hands-on courses beyond fire trucks to include ambulance-specific maintenance and operations.

The company stated that more than 50 technical courses will be offered, covering brake systems, roll-up doors, electrical components, pressure governors and pumps.

Component classes will also allow attendees to consult directly with suppliers on troubleshooting and repair techniques.

Awards and certifications to be featured at the 2025 conference

REV Group stated that the FTTC event also provides a platform to recognise the work of emergency vehicle technicians through two awards.

The William F. Foster Award, named after the event’s founder who passed away earlier this year, will be presented.

In addition, Firehouse Magazine’s Emergency Vehicle Technician (EVT) of the Year Award will be given to a technician selected by a panel of EVTs and fire chiefs.

The company added that attendees will have two opportunities during the week to sit for their EVT certification exams.

Event background and sponsorship confirmed by organisers

According to REV Group, the FTTC was originally established by Spartan Fire Chassis in the 1990s.

It is now sponsored by manufacturers within the REV Specialty Vehicles Segment, including Spartan Fire Chassis, E-ONE, KME, Ferrara, Spartan Emergency Response, Smeal, Ladder Tower, AEV, Horton, Leader, Road Rescue and Wheeled Coach, as well as other industry suppliers.

Chris McClung, vice president of REV Fire Group, said: “We are proud to host this important industry-wide event that was founded on the principle that keeping fire apparatus and ambulances up and running, regardless of the manufacturer or brand, is important to protect all our communities.”

REV Group opens registration for 2025 emergency vehicle training event: Summary

REV Group has opened registration for the 2025 Fire Truck Training Conference.

The event will take place from 21 to 26 September in Lansing, Michigan.

It is expected to host over 400 participants from North and Latin America.

The conference includes training on both fire trucks and ambulances.

New sessions include Fleet Management, Leadership and Ambulance Maintenance.

More than 50 technical courses will be available during the event.

Attendees can consult directly with suppliers in dedicated Component Classes.

Two awards will be presented: the William F. Foster Award and EVT of the Year.

Firehouse Magazine oversees the selection of the EVT of the Year.

Two opportunities to complete EVT certification exams will be available.

The conference was founded by Spartan Fire Chassis in the 1990s.

It is now sponsored by REV Specialty Vehicles and other suppliers.

Early registration discounts run from 1 May to 30 June.

More information is available at http://firetrucktraining.com.

REV Group reports growth, forecasts continued success in 2024

Significant increases in sales and net income

REV Group, Inc. has reported a substantial increase in its fiscal 2023 fourth quarter and full-year results.

The company’s consolidated net sales reached $693.3 million in the fourth quarter of 2023, marking an 11.2% increase from the previous year.

The full-year sales stood at $2,638.0 million, a significant 13.1% rise from 2022.

These impressive figures were primarily driven by growth in the Fire & Emergency and Commercial segments, although there was a decrease in the Recreation segment​​.

Enhanced profitability across sectors

The company’s net income for the fourth quarter of 2023 was $29.7 million, a notable improvement from $8.7 million in the same period of 2022.

The full-year net income also saw a significant jump to $45.3 million from $15.2 million in 2022.

Adjusted EBITDA for the fourth quarter was $54.0 million, compared to $33.5 million in 2022, with the full-year figure reaching $156.6 million, up from $105.1 million the previous year​​.

REV Group CEO remarks on robust performance and outlook

Mark Skonieczny, President and CEO of REV Group, expressed satisfaction with the strong results, attributing them to strategic operational initiatives and the dedication of the company’s employees.

He emphasized the company’s robust balance sheet and solid market position, especially in the Fire & Emergency sector, as key factors that bode well for fiscal 2024​​.

Segment-specific performance highlights

The Fire & Emergency segment saw a remarkable increase in net sales, reaching $339.1 million in the fourth quarter, a rise of $86.1 million from the previous year.

This was primarily due to increased shipments of fire apparatus and ambulance units.

The Commercial segment also saw growth, with net sales rising to $139.7 million.

However, the Recreation segment experienced a decrease in sales, dropping to $215.2 million​​.

Financial stability and future projections

REV Group reported a strong liquidity position, with cash and cash equivalents totalling $21.3 million as of October 31, 2023.

The company’s net debt was $128.7 million, and it had substantial available credit under its revolving credit facility.

Looking ahead, REV Group has provided guidance for fiscal 2024, anticipating net sales between $2,600 and $2,700 million, and an adjusted net income range of $82 to $99 million​​.

IFSJ Comment

The significant financial growth and stability of REV Group in fiscal 2023, as detailed in their latest report, underscore the resilience and adaptability of the specialty vehicle manufacturing sector.

This industry’s ability to navigate and thrive amidst global economic fluctuations is noteworthy.

The substantial increases in both sales and net income reflect a strong demand for specialized vehicles, particularly in the Fire & Emergency segment.

The company’s strategic focus and operational efficiency have clearly paid dividends, setting a robust foundation for continued growth in the forthcoming fiscal year.

The positive outlook for 2024, with anticipated further increases in sales and net income, indicates not just the strength of REV Group, but also the potential for sustained growth within the specialty vehicle industry.

This success story is a testament to the significance of innovation, strategic planning, and market adaptability in driving industry growth.

Spartan Fire and Emergency Apparatus marks 50th anniversary and reveals plans for growth

Spartan Fire and Emergency Apparatus, the esteemed fire and emergency service brand, is set to usher in its next phase with expansion plans.

This decision follows the commemoration of a 50-year-long association with Pierce Manufacturing.

To get a more detailed account of the celebration, click here.

Half a century of service: A journey through time with Spartan Fire

During the 2023 South Carolina Fire Conference, Spartan Fire made a notable effort to revisit its heritage.

They curated a collection of customer photographs that spanned from the 1970s to today.

Robby Fore, president of Spartan Fire and Emergency Apparatus, expressed: “This effort symbolises the depth of our commitment over the past half-century.”

Additionally, Pierce Manufacturing presented a pencil sketch portraying three epochs of Spartan Fire’s proprietorship.

Spartan Fire: A testament to growth and dedication

A heartwarming revelation was made when Spartan Fire showcased vehicles from its early days at the South Carolina Fire Conference.

The display included trucks from the company’s inception and a 1991 model which was the first truck sold by Fore.

Fore said: “I was deeply touched by the team’s surprise tribute.”

From starting with merely three employees in 1991, Spartan Fire now boasts a team of 40 professionals covering South Carolina.

The company’s expansion is not just limited to Pierce apparatus sales, but also includes products from brands such as DBC and Holmatro in both Carolinas.

Spartan Fire’s future: Expansion and evolution

Future plans for Spartan Fire include the establishment of a third service facility in 2023 and a new headquarters set to commence in 2024.

Mary Elise Fore Greenway, General Manager, remarked: “The success and growth of Spartan Fire stem from our incredible team.”

Their vision aligns with gradual growth, targeting customers’ needs with enhanced offerings.

Over the years, the company has been recognised multiple times for their exceptional service. R.E. Fore, Sales Administrator at Spartan Fire, summed it up: “Our customers often cite our service after the sale as the reason they continue to trust our business.”

As the year progresses, the team anticipates further festivities marking their 50-year landmark.

For a comprehensive look into both Pierce Manufacturing and Spartan Fire and Emergency Apparatus, one can visit www.piercemfg.com.

IFSJ Comment

The journey of Spartan Fire and Emergency Apparatus over the last 50 years underscores the ever-evolving nature of the fire and emergency industry.

Celebrating such a significant milestone not only emphasises the brand’s commitment to service but also highlights its adaptability in an ever-changing sector.

Their dedication to offering top-tier post-sale services, alongside their consistent growth strategy, showcases a model for other businesses in the industry to emulate.

Moreover, the longstanding partnership with Pierce Manufacturing reinforces the trust and mutual respect between both entities.

As we follow Spartan Fire’s journey, it becomes evident that its focus on customer-centricity has been a driving force in its success story.

Atlanta Fire and Rescue order 12 fire apparatus from Spartan

Spartan Emergency Response, a subsidiary of REV Group, Inc., and leading manufacturer of fire apparatus, has announced that Atlanta Fire Rescue Department ordered 12 fire apparatus including one TDA, eight pumpers, and three TDA support units.

This order is part of a three-year contract between Atlanta Fire Rescue Department and Spartan dealer, Peach State Truck Centers.

Top features of the Spartan TDA include: Spartan Metro Star MFD chassis with flat roof, Cummins X12 500 HP engine with Allison 4000 EVS Transmission and Steel Channel Severe Duty 12.5″ extended front bumper.

Atlanta ordered a total of eight pumpers, with four currently in production with more to follow.

The three TDA Support Units are designed specifically for the Atlanta Fire Rescue Department fleet with large storage compartments for tools and equipment, and 149 feet of ground ladders

Chris Wade, Director of Sales, Spartan Emergency Response commented: “Spartan ER is privileged to have the City of Atlanta work with us in meeting their unique apparatus challenges in a constantly growing metropolitan area. Our team looks forward to serving the city and its citizens for the public safety needs utilizing the fire apparatus we manufacture.”

Green Bay Metro Fire Department orders two E-ONE platforms

E-ONE, a subsidiary of REV Group Inc., and manufacturer of fire apparatus, has announced it is building two HP 100 Platforms for the Green Bay Metro Fire Department in Wisconsin. The two platforms were ordered through E-ONE Dealer Fire Service Inc.  

These two platforms are replacement vehicles for Green Bay, whose recent orders include two custom pumpers and a Haz-Mat Command Combo Rescue.

Key features of the HP 100 Platforms include:  

  • E-ONE Typhoon® cab with severe duty interior
  • Integral torque box frame with a Cummins 500 HP X12 engine and Allison EVS4000P transmission
  • Criss-cross under-slung outriggers with only 15’-6” spread, automatic levelling and short jack capability
  • Extruded aluminum aerial with 2.5 to 1 structural safety factor
  • Advanced Aerial Control System with color displays featuring mission specific screens
  • Akron StreamMaster II AVM monitor with 2.5” discharge
  • Two 45-degree rear corner staircases
  • Ladder tunnel with 156’ of ground ladders with pike pole storage

Green Bay Metro Fire Department will use the two new platforms to better serve its growing community.

Green Bay Battalion Chief Ray Fuiten said: “I truly believe we are getting the best product and customer service with Fire Service Inc. and E-ONE.  

“It’s exciting to see Green Bay add these two HP 100 Platforms to their fleet,” said Larry Daniels, E-ONE Director of Sales. “We are proud of the continued relationship with Green Bay Metro Fire Department.  Fire Service continues to grow in the Wisconsin market, and E-ONE is excited to be part of that growth.”

Ferrara Fire Apparatus appoints Sunbelt Fire as Mississippi dealer

Ferrara Fire Apparatus, Inc., a subsidiary of REV Group Inc., and a leading manufacturer of custom built, heavy-duty fire apparatus, has announced the appointment of Sunbelt Fire as the exclusive Ferrara dealer for Mississippi. Sunbelt Fire is now authorised to sell and service the complete portfolio of Ferrara apparatus.

Established in 1983 and headquartered in Fairhope, AL, Sunbelt Fire’s mission is to serve those who save and protect lives. With two service centres that include parts warehouses with more than 20 technicians along with a mobile service fleet, Sunbelt Fire is positioned to serve the needs of surrounding departments and communities.

Chris McClung, Director of Sales, Ferrara, said: “We are very committed to our existing Ferrara customers in Mississippi, and we intend to grow our presence there. With its dedicated sales and service teams, Sunbelt Fire will provide fire departments with the superior products, parts, and service our current and future customers deserve.”

Sunbelt also provides:

  • 24-hour technical support
  • Complete fire apparatus parts inventory
  • Tiered fire apparatus inspections
  • High quality fire equipment
  • Breathing air compressors and SCBA
  • Welding and fabrication
  • Aerial ladder inspection and overhaul services
  • Comprehensive training
  • Wreck and refurb solutions
  • Plumbing and fire pump overhaul
  • Four (4) mobile Draft Commander® units to perform NFPA pump testing

Slade McLendon, CEO of Sunbelt Fire, said: “We are excited to be an authorised dealer for Ferrara, complimenting the other premier manufacturers we are partnered with to help us serve every firefighter and their respective department.

“We’re passionate about listening to their needs and partnering with them to provide the best apparatus solution and offer service, parts, and equipment to help them save and protect lives.”

New Senior Vice President appointed by REV Group

REV Group, Inc. has confirmed the appointment of Eric Sandstrom as Senior Vice President, Engineering & Technology, a newly-created executive leadership position. The new role will play a critical part in evolving the product portfolio, optimizing engineering excellence, and leading product and powertrain design, innovation, and technological advancements.

Prior to joining REV Group, Sandstrom was Global Chief Engineer – Electric Propulsion Systems at General Motors and led the team responsible for developing the propulsion system for the all-electric Hummer SUT and SUV, among others. Sandstrom began his career with BorgWarner and held progressive leadership roles over a 20-year period with a focus in global product strategy, engineering, and program management.

REV Group is focused on leading innovation within the specialty vehicle industry and creating a more sustainable future by putting alternative fuel solutions at our core,” said Rod Rushing, Chief Executive Officer, REV Group. “Eric is an ideal addition to the team with his impressive and extensive experience in the automotive industry and Electric Vehicle (EV) systems and alternative fuel technologies. His innovative mindset aligns with our company vision and strategy.”

Sandstrom holds a Bachelor of Science degree in Mechanical Engineering from Michigan Technological University along with several professional certifications, patents, and technology awards.