Spartan Motors Announces Sale of Wakarusa, Indiana Facility

Spartan Motors Announces Sale of Wakarusa, Indiana Facility

CHARLOTTE, Mich., Jan. 7, 2013 (GLOBE NEWSWIRE) -- Spartan Motors, Inc.
(Nasdaq:SPAR) ("Spartan" or the "Company") today announced the sale of the
majority of its Wakarusa, Indiana facility to Forest River, Inc., a Berkshire
Hathaway Company. This transaction was pursuant to Spartan's announcement on
Feb. 14, 2012 that it will relocate the Company's Utilimaster operations to
Bristol, Indiana from Wakarusa, Indiana. All terms of the transaction were in
line with previously disclosed estimates.

"The sale of the Wakarusa facility represents an important step in the
transition of Utilimaster's operations to Bristol," said John Sztykiel,
President and CEO of Spartan Motors, Inc. "As we finalize the move and ramp up
production, we expect the new, modern plant to support Utilimaster's long-term
growth and enable us to achieve our potential in Delivery and Service
Vehicles."

The move to Bristol, located 20 miles East of Wakarusa, will consolidate
Utilimaster's operations into one facility from its current campus of 16
buildings. Moving into a single plant, combined with lean manufacturing
practices, will help enable Utilimaster to improve product quality and
manufacturing efficiency by reducing operating costs and eliminating
non-value-added steps.

About Spartan Motors

Spartan Motors, Inc. www.spartanmotors.com designs, engineers and manufactures
specialty chassis, specialty vehicles, truck bodies and aftermarket parts for
the recreational vehicle (RV), emergency response, government services,
defense, and delivery and service markets. The Company's brand names –
Spartan™, Spartan Chassis™, Spartan ER™, Spartan ERV™ and Utilimaster® – are
known for quality, performance, service and first-to-market innovation. The
Company employs approximately 1,800 associates at facilities in Michigan,
Pennsylvania, South Dakota, Indiana, Florida and Texas. Spartan reported sales
of $426 million in 2011 and is focused on becoming a global leader in the
design, engineering and manufacture of specialty vehicles and chassis. Visit
Spartan Motors at www.spartanmotors.com.

This release contains several forward-looking statements that are not
historical facts, including statements concerning our business, strategic
position, financial strength, future plans, objectives, and the performance of
our products. These statements can be identified by words such as "believe,"
"expect," "intend," "potential," "future," "may," "will," "should," and
similar expressions regarding future expectations.These forward-looking
statements involve various known and unknown risks, uncertainties, and
assumptionsthat are difficult to predict with regard to timing, extent, and
likelihood.Therefore, actual performance and results may materially differ
from what may be expressed or forecasted in such forward-looking
statements.Factors that could contribute to these differences include
operational and other complications that may arise affecting the
implementation of our plans and business objectives; continued pressures
caused by economic conditions and the pace and extent of the economic
recovery; challenges that may arise in connection with the integration of new
businesses or assets we acquire or the disposition of assets; restructuring of
our operations, and/or our expansion into new geographic markets; issues
unique to government contracting, such as competitive bidding processes,
qualification requirements, and delays or changes in funding; disruptions
within our dealer network; changes in our relationships with major customers,
suppliers, or other business partners, including Isuzu; changes in the demand
or supply of products within our markets or raw materials needed to
manufacture those products; and changes in laws and regulations affecting our
business. Other factors that could affect outcomes are set forth in our
Annual Report on Form 10-K and other filings we make with the Securities and
Exchange Commission (SEC), which are available at www.sec.gov or our
website.All forward-looking statements in this release are qualified by this
paragraph.Investors should not place undue reliance on forward-looking
statements as a prediction of actual results.We undertake no obligation to
publicly update or revise any forward-looking statements in this release,
whether as a result of new information, future events, or otherwise.

CONTACT: Russell Chick
         Corporate Director of Marketing
         Spartan Motors, Inc.
         (517) 543-6400
        
         Greg Salchow, Director IR & Treasury
         Spartan Motors, Inc.
         (517) 543-6400
 
Press spacebar to pause and continue. Press esc to stop.