Displaying items tagged: Spartan Motors Inc

Major automakers as well as nascent startups are showing an increased focus on electrified commercial delivery vehicles, hoping to gain market share as corporate demand increases.

The MiBiz Growth Report for June 7, 2020.

CHARLOTTE — Daryl Adams hesitated slightly when introducing himself on Monday afternoon.

This is the MiBiz growth report for February 16, 2020.

CHARLOTTE — Spartan Motors Inc. has divested its emergency response division to Milwaukee-based REV Group Inc. in a $55 million cash deal, effective Feb. 1. 

CHARLOTTE — Specialty vehicle manufacturer and assembler Spartan Motors Inc. expects full-year sales to approach the $1 billion milestone this year. 

Here is the growth report for September 14, 2019.

CHARLOTTE — Spartan Motors Inc. continues to build its presence on the West Coast with its second acquisition of a California company in three months. 

Here is the growth report for June 24, 2019.

Spartan Motors Inc. is expanding its manufacturing operations into the West Coast with the purchase of a Los Angeles-area commercial truck body maker.

Spartan Motors Inc. has expanded its dealership network in the southeastern U.S. for its Spartan Emergency Response business unit.

Spartan Motors Inc. has acquired a Florida-based company that helps outfit vehicles with lighting, accessories and communications equipment.

West Michigan chassis manufacturer Spartan Motors Inc. has signed a four-year contract with a municipal contracting agency to streamline ordering of the company’s fire trucks.

CHARLOTTE — Specialty chassis designer and vehicle manufacturer Spartan Motors Inc. has partnered with a recreational vehicle maker on a new motorhome aimed at users just coming into the market. 

Spartan Motors Inc. said today that it secured a contract to build electric walk-in vans for textile rental service AmeriPride Services.

Spartan Motors Inc. has been awarded a contract valued at more than $214 million to produce cargo delivery vans for the U.S. Postal Service.

After steering Spartan Motors Inc. through a series of changes that helped the manufacturer return to profitability, Daryl Adams knew the timing worked to take the next step in the company’s growth strategy.

West Michigan manufacturers continue to take a steady yet conservative approach to research and development spending.

Spartan Motors Inc. has appointed James Sharman to serve as chairman of the company’s board of directors.

Spartan Motors Inc.’s January acquisition of Smeal Fire Apparatus resulted in a nearly 25-percent increase in first quarter sales for the chassis manufacturer.

Here is the MiBiz Growth Report for March 20, 2017: 

• M&A: Grand Rapids-based fuel distributor Crystal Flash Inc. has expanded its geographic footprint into Southeast Michigan with the acquisition of Adrian-based Lenawee Farm Bureau Oil Cooperative, which has more than 500 customers. Two employees will stay on with Crystal Flash, according to a statement. Terms of the deal, which was finalized this month, were not disclosed. Lenawee County Farm Bureau Oil Cooperative serves agricultural, commercial, construction and home heating oil customers. Grand Rapids-based Charter Capital Partners served as financial adviser to Crystal Flash on the deal. The employee-owned company employs 250 people at 15 locations in Michigan.

Spartan Motors Inc. struck a deal with Ed M. Feld Equipment Co. to serve as the Iowa-based dealership’s exclusive manufacturer for fire truck components.

Strong performance in its fleet vehicle business lifted sales for Spartan Motors Inc. throughout 2016.

Citing financial constraints, heavy-duty vehicle manufacturer Spartan Motors Inc. has ceased its development of the next-generation delivery vehicle for the United States Postal Service.

Spartan Motors Inc. has acquired Smeal Fire Apparatus Co. of Snyder, Neb. in a deal that will position Spartan as the fourth largest manufacturer of fire trucks and components in North America.

CHARLOTTE — Spartan Motors Inc. has landed on the short list for a potentially large government contract to make the next generation of delivery vehicles for the United States Postal Service. 

Stock prices of West Michigan’s publicly traded companies tumbled on Friday as Wall Street succumbed to the uncertainty caused by the U.K.’s decision to exit the European Union.

Spartan Motors Inc. (Nasdaq: SPAR) broke ground today on a $5.5 million expansion project at its headquarters in Charlotte.

Here is the MiBiz Growth Report for April 4, 2016:

• M&A: Cuyahoga Falls, Ohio-based Americhem Group acquired Vi-Chem Corp. of Grand Rapids, according to a statement. Vi-Chem is a supplier of plastic compounds for injection molding, extrusion and blow molding applications. Its customers include companies in the automotive, medical and industrial sectors. Terms of the deal, which closed March 18, were not disclosed. Americhem, a manufacturer of color and additive plastic compounds for the polymer industry, will maintain Vi-Chem’s Grand Rapids operations, where the company employs 85 people. 

Spartan Motors Inc. plans to build a new manufacturing plant at its campus in Charlotte, Mich.