Expects to Increase Assembly Efficiency by
50%, Reducing Manual Handling, Minimizing Labor, and Enhancing
Worker Safety
GARLAND,
Texas, Dec. 23, 2024 /PRNewswire/ -- Massimo
Group (NASDAQ: MAMO) ("Massimo"), a manufacturer and
distributor of powersports vehicles and pontoon boats, today
announced the successful ramp-up of its new assembly line,
featuring cutting-edge robotic technology designed to streamline
production and enhance quality control. This investment reinforces
Massimo's commitment to meeting the needs of both its customers and
investors as the company prepares for an impactful 2025.
The purpose-built assembly line at Massimo's Garland, Texas facility integrates an
Automated Guided Robots ("AGRs") conveyance system. This innovative
technology replaces traditional fixed workstations with highly
flexible, automated robots that move vehicles seamlessly along
pre-determined pathways throughout the production process. The AGRs
can be individually controlled, allowing de-coupling from the
assembly line to address timing imbalances between stations,
ensuring a smoother and more efficient manufacturing flow.
By implementing this advanced system, Massimo expects to
increase assembly efficiency by 50%, reducing manual handling,
minimizing labor, and enhancing worker safety. The integration of
these technologies represents a significant milestone in the
company's ongoing efforts to enhance operational efficiency while
maintaining the highest standards of product quality.
As part of this enhanced production capability, Massimo Motor
has ramped up production of its new T-Boss 560L and 760L models.
These units are part of the company's best-selling T-Boss line and
now feature a fully enclosed cab with heaters, providing comfort
and functionality during harsh winter conditions. These updates
were introduced in direct response to customer feedback and
underscore Massimo's dedication to innovation and meeting market
demand.
The T-Boss 560L and 760L models are ideal for tackling
cold-weather tasks, whether on the trail, around the farm, or for
general utility purposes. The addition of the cab enclosure with
heating capabilities makes these models the perfect choice for
customers needing dependable, all-weather vehicles.
David Shan, CEO of Massimo
Motor, stated:
"Our investment in advanced robotic technology and the
introduction of the new T-Boss 560L and 760L models reflect our
commitment to aligning our operations with the needs of our
customers and investors. This new assembly process not only
enhances production efficiency but also strengthens the quality and
reliability of our products. As we continue to innovate, we're
proud to deliver vehicles that meet the diverse needs of our
customers while driving growth and value for our stakeholders."
The enhancements to the Garland
facility's production line are expected to significantly increase
output and support Massimo's ability to meet growing demand for its
industry-leading T-Boss line of UTVs. The company remains focused
on investing in new technologies and innovative solutions to ensure
long-term success and sustainability.
About Massimo Group
Massimo Group (NASDAQ: MAMO) is a manufacturer and
distributor of powersports vehicles and pontoon boats. Founded in
2009, Massimo Motor believes it offers some of the most value
packed UTV's, off-road, and on-road vehicles in the industry. The
company's product lines include a wide selection of farm and ranch
tested utility UTVs, recreational ATVs, and Americana style
mini-bikes. Founded in 2020, Massimo
Marine manufacturers and sells Pontoon and Tritoon boats
with a dedication to innovative design, quality craftsmanship, and
great customer service. Massimo Group is also developing electric
versions of UTVs, golf-carts and pontoon boats. The company's
376,000 square foot factory is in the heart of the Dallas / Fort Worth area of Texas in the city of Garland. For more information, visit
massimomotor.com and massimomarine.com.
Forward-Looking Statements
This press release contains statements that constitute
"forward-looking statements," including with respect to the initial
public offering and the use of proceeds thereof. In some cases, you
can identify forward-looking statements because they contain words
such as "anticipate," "believe," "estimate," "expect," "intend,"
"may," "predict," "project," "target," "potential," "seek," "will,"
"would," "could," "should," "continue," "contemplate," "plan," and
other words and terms of similar meaning. These forward-looking
statements include information concerning statements regarding
future cash needs, future operations, market positions, business
plans and future financial results; and any other statements that
are not historical facts. No assurance can be given that the
proceeds of the offering will be used as indicated. Forward-looking
statements are subject to numerous conditions, many of which are
beyond the control of Massimo, including those set forth in the
"Risk Factors" section of Massimo's Annual Report on Form 10-K for
the year ended December 31, 2023, as
updated by Massimo's subsequent filings, with the SEC. Copies are
available on the SEC's website, www.sec.gov. Massimo undertakes no
obligation to update these statements for revisions or changes
after the date of this release, except as required by law.
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SOURCE Massimo Group