Massimo Group - Common Stock (MAMO)

Massimo Group (NASDAQMAMO), a manufacturer of powersports vehicles, is deepening relationships with key retail partners through participation in major industry events. The company recently attended the Rural King Vendor Summit in Mattoon, Illinois, and is currently engaging with Tractor Supply Company & PetSense representatives at their ASM and Partner Trade Show in Nashville, Tennessee. These events allow Massimo to collaborate with store managers, buyers, and executives to align its UTVs, ATVs, and outdoor equipment with customer needs. The company aims to enhance its market presence by leveraging direct feedback from retail partners and expanding its strategic partnerships.

Massimo Group (NASDAQMAMO) is poised for opportunity as a resurgence of “Made in the USA” pride is fueling efforts to bring manufacturing back to American soil. “This movement, known as reshoring, is gaining momentum as businesses recognize the benefits of domestic production, including higher product quality, shorter delivery times and enhanced responsiveness to customer demands,” reads a recent article. “Companies across various industries are actively reshoring operations. For example, Massimo Group, a formidable force in the powersports and on-road vehicle industry through its diverse and value-packed product offerings, announced the transition of its MVR Golf Cart series production to its facility in Garland, Texas… Massimo is also staying ahead of the technology curve by ramping up production at its Garland facility with a new robotic assembly line. This advanced system, featuring Automated Guided Robots (‘AGRs’), increases efficiency by 50%, enhances quality control and improves worker safety. By integrating cutting-edge automation, Massimo is reinforcing its commitment to reshoring jobs, optimizing manufacturing and meeting growing market demand.”

Massimo Group (NASDAQMAMO) has emerged as a prominent player in the dynamic world of powersports and on-road vehicles, offering a diverse range of value-packed products catering to recreational enthusiasts and professionals. “Founded in 2009 and headquartered in Garland, Texas, Massimo has built a reputation for delivering high-quality utility task vehicles (‘UTVs’), all-terrain vehicles (‘ATVs’), motorcycles and pontoon boats,” reads a recent article. The piece discusses the company’s commitment to innovation and customer satisfaction, which has solidified its position in the competitive powersports industry. According to Market Research Future, the size of the global powersports sector is projected to grow from $19.3 billion in 2022 to reach $30.2 billion by 2030.

In recent years, manufacturing goods in the United States has become increasingly advantageous for companies aiming to enhance quality control, reduce lead times and navigate complex international trade dynamics. Recent tariff announcements have made the move to U.S. soil even more compelling. Massimo Group (NASDAQMAMO), a prominent player in the powersports industry, has exemplified this trend by announcing the relocation of its MVR Golf Cart series production to its Garland, Texas, facility ( https://ibn.fm/34Aav ). This strategic move not only underscores the benefits of domestic manufacturing but also aligns with the company’s vision of delivering superior products while adapting to evolving market conditions.

In recent decades, the U.S. witnessed a significant shift in manufacturing jobs moving overseas, driven by companies seeking lower labor costs and increased efficiency. This trend led to a substantial decline in domestic manufacturing employment to just below 10% in 2022 .

Massimo Group (NASDAQMAMO) has relocated production of its MVR Golf Cart series to its Garland, Texas, facility to enhance quality control and strengthen its U.S. market presence. The move follows U.S. trade regulators imposing countervailing duties and antidumping tariffs of up to 500% on certain foreign manufacturers accused of unfair trade practices. Massimo is also exploring partnerships in Vietnam to diversify its supply chain. CEO David Shan emphasized that the transition reinforces quality assurance while ensuring long-term competitiveness in the personal transportation market.

Massimo Group (NASDAQMAMO) is a prominent manufacturer and distributor specializing in powersports vehicles and recreational watercraft. “Established in 2009, the company has built a reputation for delivering value-packed utility terrain vehicles (‘UTVs’), all-terrain vehicles (‘ATVs’), and on-road vehicles to both recreational enthusiasts and professionals in the agricultural sector. In 2020, Massimo expanded its offerings by launching Massimo Marine, dedicated to crafting high-quality watercraft with advanced designs and exceptional customer service,” reads a recent article discussing the company. “Massimo Group is focused on sustainability. Its recent initiatives, including the introduction of the MVR Series of electric carts, highlight the company’s commitment to eco-friendly solutions that address growing consumer demand for sustainability in the powersports and marine industries.”

In the dynamic world of powersports and on-road vehicles, Massimo Group (NASDAQMAMO) has emerged as a prominent player, offering a diverse range of value-packed products that cater to both recreational enthusiasts and professionals. Founded in 2009 and headquartered in Garland, Texas, Massimo has built a reputation for delivering high-quality utility task vehicles (“UTVs”), all-terrain vehicles (“ATVs”), motorcycles and pontoon boats. The company’s commitment to innovation and customer satisfaction has solidified its position in the competitive powersports industry.

Massimo Group (NASDAQMAMO), a producer of powersports vehicles and pontoon boats, announced its participation in The Microcap Conference 2025, scheduled for Jan. 28-30 at the Borgata Hotel Spa & Casino in Atlantic City, N.J. Chief Financial Officer Dr. Yunhao Chen will host one-on-one investor meetings and deliver a live presentation during the event.

GARLAND, TX / ACCESS Newswire / January 24, 2025 / Massimo Group (NASDAQMAMO) ("Massimo"), a manufacturer and distributor of powersports vehicles and pontoon boats, today announced that management will attend The Microcap Conference 2025 taking place January 28-30, 2025, Borgata Hotel Spa & Casino in Atlantic City, NJ.

Massimo Group (NASDAQMAMO), a leading manufacturer and distributor of powersports vehicles and pontoon boats, announced that CFO Dr. Yunhao Chen will represent the company at The Microcap Conference 2025, held Jan. 28-30 at the Borgata Hotel Spa & Casino in Atlantic City, N.J. Dr. Chen will host one-on-one investor meetings and deliver a live presentation during the event.

Massimo Group (NASDAQMAMO) is a prominent manufacturer and distributor specializing in powersports vehicles and recreational watercraft. Established in 2009, the company has built a reputation for delivering value-packed utility terrain vehicles (“UTVs”), all-terrain vehicles (“ATVs”), and on-road vehicles to both recreational enthusiasts and professionals in the agricultural sector. In 2020, Massimo expanded its offerings by launching Massimo Marine, dedicated to crafting high-quality watercraft with advanced designs and exceptional customer service.

Massimo Group (NASDAQMAMO), a manufacturer and distributor of powersports vehicles and pontoon boats, highlighted its achievements and shared future priorities in a shareholder letter from CEO David Shan. Despite industry challenges, including market downturns and a shift toward electrification, Massimo reported strong sales growth in 2023-2024, exceeding industry averages and maintaining competitive profitability. The company credits its success to operational efficiency, high-quality products, and strategic initiatives that boosted market share and brand reputation. Looking ahead, Massimo plans to launch all-weather and sustainable vehicles in 2025, expand distribution networks, explore new markets, and develop innovative product lines, including unmanned aerial vehicles. The company also aims to pursue acquisitions, optimize its organizational structure, and attract top technology talent to sustain growth and create long-term shareholder value.

Massimo Group (NASDAQMAMO), a powersports and pontoon boat manufacturer, has opened its sixth U.S. distribution center in Edwardsville, Ill., aiming to strengthen its logistics network and improve service efficiency. The facility will serve as a Midwest hub, reducing fulfillment times and optimizing expenses for the company and its partners. With six strategically located centers, including sites in New Jersey, California, Georgia, and Texas, Massimo is positioned to meet rising demand for its products. CEO David Shan highlighted the facility as a milestone in supporting growing demand while ensuring timely and reliable delivery.

Massimo Group (NASDAQMAMO) announced the successful ramp-up of a state-of-the-art assembly line at its Garland, Texas facility, incorporating Automated Guided Robots (“AGRs”) to enhance production efficiency and quality control. The innovative system streamlines manufacturing, boosting efficiency by 50% while reducing manual handling and improving worker safety. The facility is now producing upgraded T-Boss 560L and 760L models, featuring enclosed cabs with heaters for all-weather utility. CEO David Shan highlighted the company’s commitment to innovation, aligning operations with customer needs and driving stakeholder value as Massimo prepares for an impactful 2025.

Massimo (NASDAQMAMO) has launched the MVR HVAC Golf Cart and MVR HVAC Utility Carts, featuring fully enclosed cabs with heating and air conditioning for all-weather comfort. These electric carts include advanced features like a 48V 5kW motor, up to 45-mile range, marine-grade vinyl seats, and LED lighting. The utility model adds a heavy-duty dump bed for commercial applications such as farming and groundskeeping. CEO David Shan emphasized the carts’ appeal for recreational and commercial use, positioning them as innovative, eco-friendly solutions in the growing electric cart market. Future models will integrate Lithium-Ion batteries for enhanced performance.

WALNUT, CA, July 16, 2024 (GLOBE NEWSWIRE) -- Armlogi Holding Corp. (“Armlogi” or the “Company”) (Nasdaq: BTOC), a U.S.-based warehousing and logistics service provider that offers a comprehensive package of supply-chain solutions related to warehouse management and order fulfillment, provided an update today on its strategic partnership (the “Partnership”) with Massimo Group (“Massimo”) (Nasdaq: MAMO), highlighting progress in their efforts to enhance vehicle storage and transportation services across the United States. The collaboration aims to streamline operations and improve service delivery to meet the rising demand in the power sports vehicle market.