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Recreatives Ind. (OTC: RECX) Expands Dealer Network with New Dealers in 2026
Globenewswire· 2026-03-18 12:30
Core Insights - Recreatives Industries, Inc. has expanded its dealer network by adding Cart Guys Inc. and Globalsoft Equipment as authorized MAX ATV dealers, increasing its U.S. dealer locations to nine [1][2]. Group 1: Dealer Network Expansion - The addition of Cart Guys Inc. marks the second new dealer added in 2026, following Globalsoft Equipment [2]. - The MAX brand previously supported over 200 active dealer locations across North America, indicating a strong potential for scalability as the company rebuilds its network [3]. - The expansion of the dealer network is a strategic priority for the company to enhance regional coverage and customer service [5]. Group 2: Product Development and Production - MAX ATVs are currently utilized in commercial settings, including by aqua management companies and the U.S. Army Corps of Engineers, while also catering to recreational and hunting markets [4]. - The company is actively producing the MAX 2 and preparing for the introduction of new models, including the MAX 4 and Buffalo, planned for summer 2026 [5][6]. - Recent deliveries of vehicle bodies support ongoing production efforts for the MAX 2, and the company is converting molds for next-generation vehicles into a 3D CAD system [6]. Group 3: Strategic Goals - The expansion of the dealer network aligns with the company's broader strategy to increase market presence, improve customer access, and build a scalable distribution network [7]. - The company aims to diversify its product line by introducing larger 8x8 vehicles and electric vehicle drivetrains, leveraging advancements in battery and motor technology [8].