Spartan Motors Recognizes Supplier Excellence; Key Partners in 2013 Growth
CHARLOTTE, Mich., March 20, 2014 (GLOBE NEWSWIRE) -- Spartan Motors, Inc.
(Nasdaq:SPAR) ("Spartan" or the "Company") announced its Supplier Performance
And Review Committee (SPARC) recently recognized its top-performing suppliers
during the 12th Annual Supplier Conference held March 19 in Elkhart, Ind. at
the RV/MH Hall of Fame. Spartan honored key partners which were instrumental
in its growth in 2013. Spartan posted an order intake of $536.3 million in
2013, a 9.1% increase from the 2012 order intake of $487.5 million. The
Company also recorded a consolidated order backlog increase of 49.8% in 2013
compared to 2012.
"Spartan is committed to achieving category-leading customer satisfaction and
the highest levels of customer service," said Jeremy Wilson, Corporate
Director of Supply Chain Management for Spartan Motors. "Spartan's suppliers
play a critical role ensuring our success as they consistently deliver and
enhance our product portfolio. We are thankful for these opportunities to
collaborate and above all, value each member of our supplier network and the
work they do each day."
Each supplier honored consistently embodies the values of Spartan and
maintains an unwavering commitment to quality, on-time delivery and excellent
customer support. The companies which were recognized during the 2014 Supplier
Conference exceeded the standards of excellence at Spartan:
*Allison Transmission (Indianapolis, Ind.)
*Dana Automotive Systems Group (Sterling, Ill.)
*DTS Fluid Power (Grandville, Mich.)
*Douglas Autotech Corporation (Bronson, Mich.)
*F.B. Wright Company (Kentwood, Mich.)
*Harris Battery Company, Inc. (Bolivar, Ohio)
*Jorgensen Steel Machining & Fabrication, Inc. (Tekonsha, Mich.)
*Power Brake & Spring Service Company (Elkhart, Ind.)
*Precision Cable Assemblies, LLC (Brookfield, Wis.)
*Professional Metal Works (Haslett, Mich.)
*Vicon Fabricating Company (Mentor, Ohio)
Additional suppliers were recognized for other contributions to the Company.
Spartan continuously evaluates its the 1,000-plus suppliers to ensure
adherence to the Company's ever-increasing requirements. Suppliers that
consistently exceed the performance criteria have the opportunity to increase
their business levels with the Company.
About Spartan Motors
Spartan Motors, Inc. 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 1,700 associates at facilities in Michigan, Pennsylvania, South
Dakota, Indiana and Florida. Spartan reported sales of $470 million in 2013
and is focused on becoming a global leader in the design, engineering and
manufacture of specialty vehicles and chassis. Visit Spartan Motors at
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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