Market Overview

ASV Holdings, Inc. Celebrates 35th Anniversary With Community Open House

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Approximately 1,000 Attended Facility Tour and Reception on August 3,
2018

ASV Holdings, Inc. (NASDAQ:ASV), a leading provider of
rubber-tracked compact track loaders and wheeled skid steer loaders in
the compact construction equipment market, today announced a successful
Community Open House celebration commemorating its 35th
anniversary. The Company also participated in the Tall Timber Days
Festival in Grand Rapids, Minnesota, where it received "most unique
business representation" recognition among the many businesses and
enterprises that participated.

Justin Rupar, VP of Sales and Marketing at ASV Holdings, Inc.,
commented, "We are inspired by the turnout from the community at our
Open House event, which at over 1,000 people, was double our initial
expectation. We were thrilled to take part in the city festival over the
week-end and are proud of the Company's heritage and in our long-term
contribution to the large industries that we serve, as well as to the
local economies here in Northern Minnesota."

"We continue to take advantage of every opportunity available to
strengthen the Company's reputation and add value to the ASV brand at
local, national, and international levels. Such efforts are important
towards the objective of making ASV a recognizable brand name that
contractors trust and equipment distributors want to carry."

About ASV Holdings, Inc.
ASV Holdings, Inc. is a designer
and manufacturer of compact construction equipment. Its patented
Posi-Track rubber tracked, multi-level suspension undercarriage system
provides a competitive market differentiator for its Compact Track
Loader (CTL) product line with brand attributes of power, performance
and serviceability. Its wheeled Skid Steer Loaders (SSLs) also share the
common brand attributes. Equipment is sold through an independent dealer
network throughout North America, Australia, and New Zealand. The
company also sells OEM equipment and aftermarket parts. ASV owns and
operates a 238,000 square-foot production facility in Grand Rapids, MN.

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