Spartan Motors Earns Highest Honors for Fourth-Straight Year From U.S.
CHARLOTTE, Mich., Dec. 2, 2013 (GLOBE NEWSWIRE) -- Spartan Motors, Inc.
(Nasdaq:SPAR) ("Spartan" or the "Company") is pleased to announce that its
Aftermarket Parts and Assemblies (APA) operating group was recently honored by
the U.S. Defense Logistics Agency (DLA) as one of the government's top
suppliers for 2012. For the fourth-straight year, Spartan was honored by the
DLA with a Gold Award, a recognition given annually.
"It is exciting to once again be recognized for delivering exceptional
performance to the U.S. government," said Art Ickes, President of the
Specialty Vehicles business unit, Spartan Motors. "This award is a reflection
of our ability to supply not only high quality product, but also our ability
to meet exacting delivery agreement specifications week after week. To achieve
the highest level of recognition reflects the unsurpassed commitment of the
Spartan workforce. APA has been a consistently high performing group in that
they have exceeded their financial goals for 13-consecutive months."
The Company was one of 38 recipients of the Gold Award. A total of 5,295
suppliers were evaluated in 2012. This past year Spartan completed over 1,700
shipments to the government and recorded a perfect score of 100.
The recognition reaffirms Spartan has supplied a quality product the U.S.
government can trust and be confident in using year after year. Suppliers like
Spartan that qualify as Automated Best Value System (ABVS) gold award winners
have met the stringent quality and delivery requirements of the DLA. The ABVS,
a computerized system, collects vendor's past performance data and translate
it into a numeric score, ranging from zero to 100.
Spartan continues to meet or exceed all expectations from the U.S. government
with its products. This past spring, the Company was recertified to ISO
9001:2008 standards for the design and assembly of Military Defense Products,
Aftermarket Parts and Assemblies (APA) and Fabrication with zero findings. ISO
registration is often a required quality standard for contracts, so this
registration enhances Spartan's already highly competitive position in
About Spartan Motors
Spartan Motors, Inc., designs, engineers and manufactures specialty chassis,
specialty vehicles, truck bodies and aftermarket parts for the recreational
vehicle, emergency response, government services and defense, delivery and
service markets. The company's brand names - Spartan™, Spartan ERV™ and
Utilimaster® - are known for quality, performance, service and first-to-market
innovation. The company employs approximately 1,700 associates at facilities
in Michigan, Pennsylvania, South Dakota, Indiana, Florida and Texas. Spartan
reported sales of $470.6 million in 2012 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
assumptions that 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; 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 T. Chick
Corporate Director of Marketing
Spartan Motors, Inc.
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