CHARLOTTE, Mich., May 24 /PRNewswire-FirstCall/ — Spartan Motors, Inc.
(Nasdaq: SPAR) announced today that its subsidiary, Spartan Chassis, will be
the exclusive supplier of custom diesel chassis for Fleetwood RV’s Heritage,
American Eagle, Tradition, Revolution, Providence and Excursion models,
beginning August 1, 2004.
Fleetwood RV is a division of Riverside, Calif.-based Fleetwood
Enterprises, Inc. (NYSE: FLE) and is one of the nation’s leading Class A
motorhome manufacturers. The increased business with Fleetwood is expected to
add approximately 40 percent more units to Spartan’s current RV chassis
business during the 2005 model year, which begins August 1, 2004.
“Our collaboration with our customers and our ability to meet their unique
needs in every phase of development, design, execution and support enables us
to be a preferred chassis supplier,” said Richard Schalter, President of
Spartan Chassis.
“We’re excited to be Fleetwood’s partner as they capitalize on their great
2005 product lineup and a strong RV market,” added John Sztykiel, CEO of
Spartan Motors. “Spartan Chassis is creating opportunities in the RV market
because of their commitment to being the most desired brand at the lowest
total cost.”
Spartan Chassis, Inc. (http://www.spartanchassis.com ) is a wholly owned
subsidiary of Spartan Motors, Inc. and is a leading developer and manufacturer
of custom chassis for recreational vehicles and fire trucks. The company has
a reputation for high quality, value, service and being the first to market
with innovative products.
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.