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Last $3.67 USD
Change Today -0.01 / -0.27%
Volume 55.6K
SPAR On Other Exchanges
As of 8:10 PM 11/25/15 All times are local (Market data is delayed by at least 15 minutes).

spartan motors inc (SPAR) Snapshot

Previous Close
Day High
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52 Week High
02/6/15 - $5.69
52 Week Low
11/5/15 - $3.44
Market Cap
Average Volume 10 Days
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Dividend Yield
Current Stock Chart for SPARTAN MOTORS INC (SPAR)

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spartan motors inc (SPAR) Details

Spartan Motors, Inc, through its subsidiaries, engineers, manufactures, and sells heavy-duty and custom vehicles in the United States, Canada, South America, and Asia. The company operates in three segments: Emergency Response Vehicles, Delivery and Service Vehicles, and Specialty Chassis and Vehicles. The Emergency Response Vehicles segment offers emergency response chassis and bodies, and aerial ladders. The Service and Delivery Vehicles segment provides walk-in vans and hi-cube vans for use in the package delivery, one-way truck rental, bakery/snack delivery, utility, and linen/uniform rental businesses; and commercial truck bodies, as well as sells aftermarket parts and assemblies. The Specialty Chassis and Vehicles segment offers motor home chassis, defense vehicles, and other specialty chassis, as well as distributes related aftermarket parts and assemblies. Spartan Motors, Inc. markets its products under the Spartan ERV, Aeromaster, Trademaster, Metromaster, Utilivan, and Utilimaster brand names. The company sells its products through a network of independent truck dealers to commercial vehicle dealers, original equipment manufacturers, and leasing companies, as well as and directly to end-users. Spartan Motors, Inc. was founded in 1975 and is headquartered in Charlotte, Michigan.

1,433 Employees
Last Reported Date: 03/5/15
Founded in 1975

spartan motors inc (SPAR) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $173.7K
President of Utilimaster Corporation
Total Annual Compensation: $225.0K
Executive Officer of Special Projects
Total Annual Compensation: $225.0K
Total Annual Compensation: $404.9K
Compensation as of Fiscal Year 2014.

spartan motors inc (SPAR) Key Developments

Spartan Specialty Vehicles Wins ILAV Contract from BAE Systems

Spartan Specialty Vehicles announced that its Defense and Government operating group has been awarded a contract from defense contractor BAE Systems to support the production of 29 International Light Armored Vehicles (ILAVs) and validates Spartan's expertise and capacity to manufacture and assemble some of the world's most specialized vehicles. The ILAV vehicles being manufactured under this agreement perform specialized, mission-critical tasks such as supporting convoy operations, investigating possible improvised explosive devices (IEDs), and combatting terrorism. Under the terms of the contract, Spartan will provide automotive integration, final assembly, Government inspection, and delivery to the Government. Production for the units will begin in February, 2016 with an expected completion of June, 2016. This award to Spartan from BAE Systems, in support of a Foreign Military Sales award from the Government, demonstrates Iraq's effort to combat the ISIS foothold movement and terrorism itself.

Spartan Motors Declares Semi-Annual Dividend, Payable on December 17, 2015

Spartan Motors Inc. announced that its Board of Directors has declared a cash dividend of $0.05 per share of common stock. The company reported its semi-annual dividend will be payable on December 17, 2015 to shareholders of record at the close of business on November 12, 2015.

Spartan Motors Inc. Appoints John Slawson as President of Emergency Response Business Unit

Spartan Motors Inc. announced that John Slawson joined Spartan Motors as President of the Spartan Emergency Response business unit, effective November 5, 2015. Slawson most recently served as the President and CEO of Horton Emergency Vehicles, a market-leading manufacturer of ambulances in North America and a member company of Allied Specialty Vehicles (ASV). Prior to joining Horton in 2011, Slawson was the President and Equity Partner of U.S. Tanker Fire Apparatus LLC. Slawson was previously the President of Oshkosh Specialty Vehicles, a manufacturer of command and law enforcement vehicles, and Director of Dealer Development and Distribution for Pierce Manufacturing. Slawson's career spans over 25 years, during which he has held executive positions and led teams within many world-class companies. In his role as President, Spartan Emergency Response, Slawson will assume responsibility for the Company's entire emergency response business unit. He succeeds Spartan Emergency Response President Dan Slater.


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