ASV inks five-year supply agreement with Caterpillar

Grand Rapids, Minnesota — ASV Inc. has signed a five-year agreement effective 1 Nov. with construction equipment giant Caterpillar Inc. for the supply of its rubber track undercarriages.

The new supply agreement builds on the two companies´ original alliance, which expires 31 Oct.

Under the terms of the pact, Caterpillar will purchase from ASV 100 percent of its undercarriage requirements for current and specified future Caterpillar multi-terrain loaders. ASV will be able to sell its rubber track undercarriages to other equipment manufacturers for machines that do not…

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