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REV Group Announces Expansion Investment in Horton Emergency Vehicles to Increase Capacity

1. Horton Emergency Vehicles expands manufacturing in Grove City with $2.6M investment. 2. New facility will enhance delivery processes and customer experience. 3. Expansion increases assembly space and offers more employee parking. 4. Operational by early 2026, improving capacity for custom emergency vehicles. 5. Horton’s ambulance expertise enhances REV Group's specialty vehicle segment.

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FAQ

Why Bullish?

Expanding operations suggests future revenue growth and improved operational efficiency. Past expansions in manufacturing often correlated with positive stock performance.

How important is it?

The significant investment and expansion directly improve REVG’s product delivery and market competitiveness, making it highly relevant.

Why Long Term?

The facility is expected to be operational by 2026, indicating a long-term growth trajectory. Investments in new facilities typically yield returns across multiple years.

Related Companies

Horton Emergency Vehicles, a brand of REV Group Inc., and a leader in ambulance safety, is expanding its manufacturing footprint in Grove City, OH, with the $2.6M purchase of an adjacent building.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251113092985/en/

Horton Emergency Vehicles Invests in Expanding its Manufacturing Footprint in Grove City, OH

Horton Emergency Vehicles Invests in Expanding its Manufacturing Footprint in Grove City, OH

This new 20,000 square foot building will focus on final assembly and the delivery processes and is expected to reduce delivery times and enhance customer experience. In addition, the property will help open extra space in the current assembly operations and offers additional parking for employees and in-process ambulances. Located at 3873 Gantz Road, the Horton team expects to be operating in the facility in early 2026.

"We were delighted when a property adjacent to Horton's assembly plant became available and REV Group was able to move quickly and allocate the capital expenditure," said Mike Albers, vice president and general manager, Horton Emergency Vehicles. "This expansion allows us to provide additional space for our employees to manufacture and deliver our high-quality Horton ambulances to our dealers and customers quicker, which helps to protect their people and communities."

Horton settled in Grove City, OH in 1994, and its current facility and offices are located at 3800 McDowell Road. With over 100,000 square feet, the facility has been designed specifically for manufacturing high quality, custom-designed emergency medical vehicles and is equipped with advanced engineering and computer-technology support for manufacturing as well as customer service.

Since 1968, Horton has manufactured emergency vehicles and currently designs and builds Type 1, Type 3 and Critical Care Transport units for fire departments and hospitals, serving a nationwide market. Horton is known for employing rigorous testing and an emphasis on safety, quality, and customization.

Find out more information, visit www.hortonambulance.com.

About Horton Emergency Vehicles

Founded in 1968, Horton Emergency Vehicles, a division of Halcore Group, Inc., is a REV Group company. Horton® ambulances are among the industry's most technically innovative and customized ambulances and are synonymous with high quality. The exclusive Horton Occupant Protection System (HOPS) keeps the ambulance crew safe while working in the patient compartment. With a manufacturing facility in Grove City, Ohio, Horton ambulances have Strength & Safety in Every Detail.

About REV Group, Inc.

REV Group companies are leading designers and manufacturers of specialty vehicles and related aftermarket parts and services, which serve a diversified customer base, primarily in the United States, through two segments: Specialty Vehicles and Recreational Vehicles. The Specialty Vehicles Segment provides customized vehicle solutions for applications, including essential needs for public services (ambulances and fire apparatus) and commercial infrastructure (terminal trucks and industrial sweepers). REV Group's Recreational Vehicles Segment manufactures a variety of RVs from Class B vans to Class A motorhomes. REV Group's portfolio is made up of well-established principal vehicle brands, including many of the most recognizable names within their industry. Several of REV Group's brands pioneered their specialty vehicle product categories and date back more than 50 years. REV Group trades on the NYSE under the symbol REVG. Investors-REVG

Press Contacts:

Julie Nuernberg | Sr Director Marketing & Communications

REV Group

+1.262.389.8620

julie.nuernberg@revgroup.com

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