Spartan’s Custom Chassis Featured on 36 Models of RVs, Up 63% in Two Years
CHARLOTTE, Mich., Nov 29, 2005 /PRNewswire-FirstCall via COMTEX News Network/ — Heading into this
year’s 43rd Annual RVIA Trade Show in Louisville, Ky., Spartan Motors, Inc.
(Nasdaq: SPAR) today reported a record number of motorhome models featuring
its custom chassis.
The Charlotte, Mich.-based manufacturer of custom motorhome chassis, fire
truck chassis and emergency-rescue vehicles said its products will be featured
on 36 RV models in 2006, compared with 33 models in the first quarter of 2005
and 22 models in the first quarter of 2004.
Spartan said much of the growth has been from its MountainMaster chassis,
as well as new lines featuring its NVS, K2, K3 and mid-engine ME2 chassis.
Spartan motorhome chassis consist of the frame assembly, engine, transmission,
electrical system and running gear that combine for the best performing
driving experience in the Class A RV market.
“As we mentioned in our third quarter release, we expect to sell more RV
chassis in 2006 than we did in 2005,” said John Sztykiel, president and CEO of
Spartan Motors. “Our focus on becoming the most desired brand at the lowest
total cost has helped us increase the number of models featuring a Spartan
chassis. My compliments go out to Rich Schalter, president of Spartan
Chassis, and all of our associates for their excellent performance.
“RVers continue to discover and demand the ‘Spartan Experience’ from
product performance to customer-first service, while taking all the comforts
of home along with them. These factors have been the hallmark of the Spartan-
inspired motorhome lifestyle and we expect them to lead to continued growth in
sales and profitability.”
About Spartan Motors
Spartan Motors, Inc. (https://theshyftgroup.com ) designs, engineers
and manufactures custom chassis and vehicles for the recreational vehicle,
fire truck, ambulance and emergency-rescue markets. The Company’s brand names
— Spartan(TM), Crimson Fire(TM), Crimson Fire Aerials(TM), and Road
Rescue(TM) — are known in their market niches for quality, value, service and
being the first to market with innovative products. The Company employs
approximately 900 at facilities in Michigan, Alabama, Pennsylvania, South
Carolina, and South Dakota. Spartan Motors is publicly traded on The Nasdaq
Stock Market under the ticker symbol SPAR.
The statements contained in this news release include certain predictions
and projections that may be considered “forward-looking statements” under the
securities laws. These forward-looking statements are identifiable by words
or phrases indicating that the Company or management “expects,” “believes” or
is “confident” that a particular result “may” or “should” occur, that a
particular item “bodes well,” that the Company “looks forward” to a particular
result, or similar statements. These statements involve many risks and
uncertainties that could cause actual results to differ materially, including
but not limited to economic, competitive, governmental and technological
factors affecting the Company’s operations, markets, products, services and
prices. Accounting estimates are inherently forward-looking. Additional
information about these and other factors that may adversely affect these
forward-looking statements are contained in the Company’s reports and filings
with the Securities and Exchange Commission. The Company undertakes no
obligation to update or revise any forward-looking statements to reflect
developments or information obtained after the date of this news release.
SOURCE Spartan Motors, Inc.
John Sztykiel, CEO, or Jim Knapp, CFO of Spartan Motors, Inc., +1-517-543-6400; Jeff
Lambert or Ryan McGrath, of Lambert, Edwards & Associates, Inc., +1-616-233-0500,
[email protected] for Spartan Motors, Inc.