40 Models of RVs Feature Spartan Chassis at Industry's Largest Trade Show
LOUISVILLE, Ky., Nov. 27 /PRNewswire-FirstCall/ — Spartan Chassis, Inc.,
(Booth # 1004 – South Wing) a subsidiary of Spartan Motors, Inc.
(Nasdaq: SPAR), today reported that a record number of motorhome models will
feature the company’s custom chassis. The Charlotte, Mich.-based manufacturer
of custom chassis said its products will be featured on 40 different RV models
at the 45th Annual RVIA Trade Show in Louisville, Ky., up from 36 in 2006.
Spartan attributed the growth to its ability to produce highly customized
chassis to support the new generation of RV’s that are currently being
produced. All Spartan chassis are custom engineered to meet individual coach-
builder specifications, allowing Spartan to be the platform for a wide variety
of vehicles ranging from mid-size Class A models all the way to luxurious
highline motorhomes. Spartan’s family of chassis, consisting of the frame
assembly, engine, transmission, electrical system and running gear, combine
for the best performing driving experience in the Class A RV market.
“Our OEM partners continue to come up with creative, and innovative
motorhome designs, and they know that they can look to us to provide them with
a premium, high-performance foundation that can support their unique models
and needs,” said Richard Schalter, president of Spartan Chassis. “The fact
that our product can be found on so many different vehicles is a testament to
our individualized approach and true custom-build business model. We are on
track to produce more chassis in 2007 than we did in 2006, and we have solid
expectations for 2008 to grow even more based on our increased market share of
the 2009 model year RVs.”
RVIA is the preeminent trade show for the RV dealer market, annually
showcasing the latest RV technology and new models. More than 14,000 RV
dealers, warehouse distributors, accessory store owners, campground operators
and exhibitors are expected to attend this year’s RVIA event, which will
feature innovative products and services across more than 920,000 square feet
of exhibit space.
About Spartan Chassis, Inc.:
Spartan Chassis, Inc., a subsidiary of Spartan Motors, Inc.
(Nasdaq: SPAR), is a leading developer and manufacturer of custom chassis for
recreational vehicles, fire trucks and specialty vehicles. Spartan Motors,
which also manufactures emergency rescue vehicles under the brand names of
Crimson Fire, Crimson Fire Aerials and Road Rescue, reported sales of $445
million in 2006 and is focused on becoming the premier manufacturer of
specialty vehicles and chassis in North America.
This release contains forward-looking statements, including, without
limitation, statements concerning our business, future plans and objectives
and the performance of our products. These forward-looking statements involve
certain risks and uncertainties that ultimately may not prove to be accurate.
Actual results and future events could differ materially from those
anticipated in such statements. Technical complications may arise that could
prevent the prompt implementation of the plans outlined above. The company
cautions that these forward-looking statements are further qualified by other
factors including, but not limited to, those set forth in the company’s Annual
Report on Form 10-K filing and other filings with the United States Securities
and Exchange Commission (available at http://www.sec.gov). Government
contracts and subcontracts typically involve long payment and purchase cycles,
competitive bidding, qualification requirements, delays or changes in funding,
extensive specification development and changes, price negotiations and
milestone requirements. An announced award of a governmental contract is not
equivalent to a finalized executed contract and does not assure that orders
will be issued and filled. Government agencies also often retain some portion
of fees payable upon completion of a project and collection of contract fees
may be delayed for long periods, which can negatively impact both prime
contractors and subcontractors. The company undertakes no obligation to
publicly update or revise any statements in this release, whether as a result
of new information, future events or otherwise, except as required by law.
SOURCE Spartan Chassis, Inc.
-0- 11/27/2007
/CONTACT: Karen Hildebrant of Spartan Chassis, Inc., +1-517-543-6400
ext. 3111; or Jeremy Bakken or Jeff Lambert of Lambert, Edwards & Associates,
+1-616-233-0500/
CO: Spartan Chassis, Inc.; Spartan Motors, Inc.
ST: Michigan
IN: AUT
SU: TDS
EE-LA
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6693 11/27/2007 07:45 EST http://www.prnewswire.com