Starting in 2006, a firm called American industrial partners started buying those independent businesses one by one and rolled them all up into a single company, Rev group. At its peak, the rev group controlled about a third of the entire market. And Today, three companies control 70 to 80% of fire truck manufacturing market. The chiefs see exactly what's going on. They have us. What's the incentive of them opening another manufacturing plant? What's the incentive of them hiring more people? Right. (03:35–03:43)
CLAIM
Asserts that three companies currently control 70-80% of the fire truck manufacturing market.
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