United States

Profile: Spartan Motors Inc (SPAR.O)

SPAR.O on Nasdaq

17 Jul 2019
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Spartan Motors, Inc., incorporated on September 18, 1975, is an engineer and manufacturer of specialized motor vehicle chassis and bodies. The Company's principal chassis markets are emergency response vehicles, motor homes and other specialty vehicles. The Company's operating activities are conducted through its operating subsidiary, Spartan Motors USA, Inc. (Spartan USA), with locations in Charlotte, Michigan; Brandon, South Dakota; Ephrata, Pennsylvania, and Bristol and Wakarusa, Indiana. The Company operates through three segments: Emergency Response Vehicles, Delivery and Service Vehicles, and Specialty Chassis and Vehicles. The Company's Charlotte, Michigan location manufactures heavy duty chassis and vehicles, and supplies aftermarket parts and services under the Spartan Chassis and Spartan ERV brand names. Its Brandon, South Dakota and Ephrata, Pennsylvania locations manufacture emergency response vehicles under the Spartan ERV brand name, while its Bristol and Wakarusa, Indiana locations manufacture delivery and service vehicles and supply related aftermarket parts and services under the Utilimaster brand name.

Emergency Response Vehicles

The Company's Emergency Response Vehicles segment consists of the emergency response chassis and vehicle operations at its Charlotte, Michigan location and its operations at its Brandon, South Dakota and Ephrata, Pennsylvania locations, along with its Spartan-Gimaex joint venture. This segment engineers and manufactures emergency response chassis, emergency response bodies and aerial equipment. The emergency response chassis operations of Spartan USA designs and manufactures custom chassis for emergency response vehicles. Its Spartan ERV division specializes in the manufacture of aerial ladders and emergency response vehicle bodies, which are mounted on custom chassis from its Spartan Chassis division, commercial chassis or other custom chassis. The Company markets its emergency response vehicles throughout the United States and Canada, as well as in selected markets in South America and Asia. The Company manufactures emergency response chassis through its Spartan USA subsidiary. It has over four fire truck models within this product line the Gladiator chassis, the Metro Star chassis, the Metro Star X chassis and the Metro Star RT (rescue transport). Spartan Chassis' offerings on the Company's emergency response chassis includes Intelligent Backup Camera system, which distinguishes moving from stationary objects and detects when the apparatus is in close proximity to a wall, another truck or a person; Mobile Gateway, which provides an extensive group of connectivity features; heated roll down side glass; optimized engine tunnel, and a fire truck cab interior configuration, which provides additional space and comfort in both the driver and officer positions, and improved shoulder harness accessibility.

The Company engineers and manufactures emergency response vehicles and apparatus utilizing custom and commercial chassis through its Spartan USA subsidiary. It markets these products through a network of dealers across North America, and in selected markets in South America and Asia under the Spartan ERV brand. The Spartan ERV product lines include pumpers and aerial fire apparatus, heavy and light-duty rescue units, tankers and quick attack units. Spartan ERV's features include Tubular Stainless Steel body structure (known as the Tri-Max body frame), Vibra-Torq mounting system and Smart Access pump panels. Spartan ERV's product lines also include an array of apparatus built on commercial chassis, such as brush trucks, urban interface rescue vehicles and tankers. The Company engineers, manufactures and markets aerial ladder components for fire trucks under the Spartan ERV brand, through its Spartan USA operations in Ephrata, Pennsylvania.

Delivery and Service Vehicles

The Company manufactures delivery and service vehicles through its Utilimaster division (Utilimaster). Utilimaster designs, develops and manufactures products to customer specifications for use in the package delivery, one-way truck rental, bakery and snack delivery, utility and linen and uniform rental businesses. Utilimaster sells aftermarket parts and assemblies, and customer specific up-fit equipment for walk-in vans and other delivery vehicles. Utilimaster sells products to national, fleet and commercial dealer accounts under the Aeromaster, Trademaster, Metromaster and Utilivan brand names. Utilimaster markets its products across the United States and Canada. The principal types of commercial vehicles manufactured by Utilimaster are walk-in vans, cutaway vans and truck bodies. Walk-in vans are assembled on a stripped truck chassis supplied with engine and drive train components, but without a cab. Walk-in vans are sold under the Aeromaster brand, and are used in multi-stop applications that include the delivery of packages, the distribution of food products and the delivery of uniforms/linens. Cutaway vans are installed on cutaway van chassis, and are sold under the Utilimaster, Utilivan, Metromaster and Trademaster brand names. Cutaway bodies are primarily used for local delivery of parcels, freight and perishable food. Truck bodies are installed on a chassis that is supplied with a finished cab. Utilimaster's truck bodies are fabricated with pre-painted panels, aerodynamic front and side corners, hardwood floors and various door configurations to accommodate end-user loading and unloading requirements. Utilimaster's truck bodies are sold under the Utilimaster brand name and are used for diversified dry freight transportation. In addition to vehicles, Utilimaster sells aftermarket parts and assemblies for its walk-in vans and truck bodies.

Specialty Chassis and Vehicles

The Company's Specialty Chassis and Vehicles segment consists of its Charlotte, Michigan operations that engineer and manufacture motor home chassis, defense vehicles and other specialty chassis, and distribute related aftermarket parts and assemblies. The Company's specialty vehicle products are sold through original equipment manufacturers (OEMS) in the case of chassis and vehicles and to dealer distributors or directly to consumers for aftermarket parts and assemblies. The Company's custom manufactures chassis to the individual specifications of its motor home OEM customers through its Spartan USA subsidiary. Spartan USA's motor home chassis are separated into over three models: the Mountain Master series chassis; the K2 series chassis, and the K3 series chassis. Its Spartan Mobile Gateway allows Spartan chassis the ability to maintain redundant cell network connections or satellite connectivity. Its Spartan Connected Care provides owners of recreational vehicles (RVs) built on Spartan chassis with instant access to coach-specific diagnostic codes, maintenance schedules, and an interactive map to pinpoint which of Spartan's over 250 RV-specific authorized service centers is closest; electronic steering control; heavy duty air ride independent front suspension, and multiplexed electrical controls. Through its Spartan USA subsidiary, the Company develops specialized chassis to customer requirements and seeks other applications of its existing products and technology in the specialty vehicle market. The aftermarket parts and assemblies operation of Spartan USA supplies aftermarket repair parts and sub-assemblies along with servicing and refurbishment for the Company's products in the defense, motor home and emergency response markets.

Company Address

Spartan Motors Inc

1000 Reynolds Rd
PO Box 440
CHARLOTTE   MI   48813-0440
P: +1517.5436400

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