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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 VgV6HKF1/eLEdbelNKB6MRpHt7eSCGOlU3q+3UJihNQagavxw4Nvpq0MJ3n9VxY3
 T20qIUxbT47xwF7TVENlwA==

<SEC-DOCUMENT>0000097216-08-000070.txt : 20080305
<SEC-HEADER>0000097216-08-000070.hdr.sgml : 20080305
<ACCEPTANCE-DATETIME>20080305114640
ACCESSION NUMBER:		0000097216-08-000070
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080303
FILED AS OF DATE:		20080305
DATE AS OF CHANGE:		20080305

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ASV INC /MN/
		CENTRAL INDEX KEY:			0000926763
		STANDARD INDUSTRIAL CLASSIFICATION:	CONSTRUCTION MACHINERY & EQUIP [3531]
		IRS NUMBER:				411459569
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		P O BOX 5160
		STREET 2:		840 LILY LANE
		CITY:			GRAND RAPIDS
		STATE:			MN
		ZIP:			55744-5160
		BUSINESS PHONE:		2183273434

	MAIL ADDRESS:	
		STREET 1:		PO BOX 5160
		STREET 2:		840 LILY LANE
		CITY:			GRAND RAPIDS
		STATE:			MN
		ZIP:			55744-5160

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			TEREX CORP
		CENTRAL INDEX KEY:			0000097216
		STANDARD INDUSTRIAL CLASSIFICATION:	INDUSTRIAL TRUCKS TRACTORS TRAILERS & STACKERS [3537]
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-25620
		FILM NUMBER:		08666697

	BUSINESS ADDRESS:	
		STREET 1:		200 NYALA FARM ROAD
		CITY:			WESTPORT
		STATE:			CT
		ZIP:			06880
		BUSINESS PHONE:		2032227170

	MAIL ADDRESS:	
		STREET 1:		200 NYALA FARM ROAD
		CITY:			WESTPORT
		STATE:			CT
		ZIP:			06880

	FORMER NAME:	
		FORMER CONFORMED NAME:	BLACK MAMMOTH CONSOLIDATED MINING CO
		DATE OF NAME CHANGE:	19671002
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-03-03</periodOfReport>

    <issuer>
        <issuerCik>0000926763</issuerCik>
        <issuerName>ASV INC /MN/</issuerName>
        <issuerTradingSymbol>ASVI</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000097216</rptOwnerCik>
            <rptOwnerName>TEREX CORP</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>200 NYALA FARM ROAD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WESTPORT</rptOwnerCity>
            <rptOwnerState>CT</rptOwnerState>
            <rptOwnerZipCode>06880</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, par value $0.01 per share</value>
            </securityTitle>
            <transactionDate>
                <value>2008-03-03</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>2164875</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>18.00</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>27718324</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See Footnote (1)</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">1. On March 3, 2008, the acquisition of A.S.V., Inc. (the &quot;Company&quot;) by Terex Corporation (&quot;Parent&quot;) was completed by means of a merger of Terex Minnesota, Inc., a wholly owned subsidiary of Parent, (&quot;Sub&quot;) with and into the Company (the &quot;Merger&quot;).  In the Merger, all outstanding shares of common stock of the Company (the &quot;Shares&quot;) (other than Shares held by Parent, Sub or any other wholly owned subsidiary of Parent or the Company and other than Shares as to which dissenters' rights are properly exercised under Minnesota law) were converted into the right to receive the same $18.00 in cash per Share, without interest, as was paid in the tender offer by Sub for all outstanding Shares of the Company.  As a result of the consummation of the Merger, the Company is now a wholly-owned subsidiary of Parent and Parent owns all of the outstanding Shares of the Company.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ Eric I Cohen, Senior Vice President and Secretary</signatureName>
        <signatureDate>2008-03-05</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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