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Statement 2 Our Vision 3 GROWTH through STRATEGY Our Strategic - - PowerPoint PPT Presentation
Statement 2 Our Vision 3 GROWTH through STRATEGY Our Strategic - - PowerPoint PPT Presentation
Forward-Looking Statement 2 Our Vision 3 GROWTH through STRATEGY Our Strategic Objectives: Geographic Diversification End Market Diversification Technology Leader People Development 4 Why Diversify? 90,000 North American Class 8
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Our Vision
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Our Strategic Objectives:
Geographic Diversification End Market Diversification Technology Leader People Development
GROWTH through STRATEGY
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Why Diversify?
- 10,000
20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 Q1 2008 Q3 Q1 2009 Q3 Q1 2010 Q3 Q1 2011 Q3 Q1 2012 Q3
North American Class 8 Production
- 200,000
400,000 600,000 800,000 1,000,000 1,200,000 2008 2009 2010 2011 2012
Global Construction Production *
- 50,000
100,000 150,000 200,000 250,000 300,000 Q1 2007 Q3 Q1 2008 Q3 Q1 2009 Q3 Q1 2010 Q3 Q1 2011 Q3 Q1 2012 Q3
CVG Revenues (in 000’s)
- 200,000
400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 2008 2009 2010 2011 2012
*Construction production includes Pavers, Dozers, Excavators, Graders, Skid Steers, Compactors and Loaders only Source: Millmark Global Equipment Production Study (April 2013), CVG estimates and ACT State of the Industry Report (April 2013)
North American Class 8 Production Global Construction Production CVG Revenues
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50% of all revenue outside of North America No single end market more than 35% of total revenues Balance CVG’s customer base across a variety of markets, products and geographic regions
Our Five-Year Targets
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Geographic Diversification
Goal: 50% of all revenue
- utside of North America
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End Market Diversification
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2012 Goal: No single end market more than 35% of total revenues
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Customer Diversification
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2012 Goal: Balance CVG’s customer base across a variety of markets, products and geographic regions
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Technology Leader
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Hybrid Power System Cables
Heavy-gage cable crimp and sealing methods to eliminate high resistance/high heat in the crimp. For use in various Hybrid and Electric Drive construction equipment applications.
Technology Leader - Electrical
Low-Cost Mold Technology: Molded Wire Harness
Current wire harness over-mold tool development process is expensive and time consuming. CVG methodology reduces time and cost substantially. The demand of over-mold wire harness is increasing due to benefits of environmental protection, ease of assembly, warranty reduction.
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The Ensign 95 Base Proven Durability Market Leader The Commodore HP Base Best-In-Class Ride Proven Durability The Admiral HP Base Best-In-Class Ride High Feature Content Proven Durability
Technology Leader – Seats
Vocational Entry Level Highway Highway Best Option Highway High Option Content
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Technology Leader – New Products Construction
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Five-Year Target
2011
Organic Growth India / Brazil Expansion China Growth Acquisitions
Five-Year TARGET Bridge
$0.83B $0.18B $0.10B $0.20B $0.35B $1.6B
Target Revenues
* No market gain or loss assumed
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Over the Years with Merv Dunn
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