CHARLOTTE, Mich., May 19 /PRNewswire-FirstCall/ — Spartan Motors, Inc.
(Nasdaq:SPAR) today announced that its subsidiary, Spartan Chassis, is the
exclusive chassis supplier for three of Newmar Corp.’s diesel-powered
motorhome product lines for the 2005 model year. These lines include the
Dutch Star, Mountain Aire and Essex brands. Spartan said its chassis will
also be offered on the Kountry Star and Northern Star brands for 2005 models.
“Our ability to adapt quickly and meet our customer’s needs allows for a
complete integration of the chassis and motorhome,” said Richard Schalter,
President of Spartan Chassis. “This brings us to a pivotal point in our
business relationship with Newmar, and we are excited about this growth
opportunity.”
Spartan said the increased business with Newmar Corp. is expected to add
approximately 20 percent more units to Spartan’s current RV chassis business
beginning in the third quarter of 2004.
John Sztykiel, CEO of Spartan Motors added: “Spartan Chassis’ focus on
becoming the most desired brand and the lowest-total-cost producer is enabling
them to penetrate markets where they have not been competitive in the past.”
Spartan Chassis, Inc. (www.spartanchassis.com ) operates under 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 Chassis, Inc.