ABC Companies Predicts Steady Growth, New Market Penetration

Nov. 20, 2014
ABC Companies has had an exceptional year, as they continue to gain market share and introduce new product entries.

ABC Companies has had an exceptional year, as they continue to gain market share and introduce new product entries. Earlier this year the company debuted two new coach models from their flagship Van Hool equipment line – receiving a strong reception with orders in 2014 and 2015 eclipsing previous years’ sales.

With an eye toward tapping new markets, the firm’s diversification strategy also includes expanding its product offering to encompass a wider segment of transport operations such as private transit, high-end shuttle services, as well as tour and charter operations. A national industry leader with roots firmly entrenched in the city of Faribault; ABC employs over 75 workers at their Minnesota location. The Faribault facility, with 70,000 square feet of shop space, supports major coach rebuilds, engine and transmission repowers while its collision and body shop repairs and paints approximately 75 vehicles a year.

“Faribault is an important hub for sales and service for the Midwest region. This is a prime territory for our business and our Faribault location enables us to effectively serve valued customers within this market, while pursuing new opportunities,” states Clint Guth, senior vice president of the Midwest region. “We are proud of our past here and committed to our future in Faribault.”

As the company is poised for steady growth, ABC is also committed to carrying on a tradition of good corporate citizenship in the Faribault community. ABC Companies and their employees give through employee-led programs that support local charitable and civic organizations that directly impact local area residents, schools, youth programs and more.

“By investing in our community we strive to enhance the quality of our community – and contribute to a vibrant future for Faribault,” continued Guth.