UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 23, 2007
SPARTAN MOTORS, INC
(Exact name of registrant as
specified in its charter)
|
Michigan |
0-13611 |
38-2078923 |
|
|
1165 Reynolds Road |
|
|
|
Registrant's telephone number,
including area code: (517) 543-6400
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
|
Item 7.01 |
Regulation FD Disclosure |
On January 23, 2007, Spartan Motors, Inc. (the "Company") issued the press release attached as Exhibit 99.1 to this Form 8-K, which is here incorporated by reference.
The attached press release contains forward-looking statements which are discussed in greater detail in the press release itself. The Company undertakes no obligation to update or revise any forward-looking statements to reflect developments or information obtained after the date of this filing.
This Report and the Exhibit are furnished to, and not filed with, the Commission.
|
Item 9.01 |
Financial Statements and Exhibits. |
||
|
|
|
||
|
|
(d) |
Exhibits: |
|
|
|
|
|
|
|
|
|
99.1 |
Spartan Motors, Inc. Press Release dated January 23, 2007. This Exhibit is furnished to, and not filed with, the Commission. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|
|
SPARTAN MOTORS, INC. |
|
|
|
|
|
|
|
|
|
|
Date: January 23, 2007 |
By /s/ James W. Knapp |
|
|
James W. Knapp |
EXHIBIT INDEX
|
Exhibit Number |
|
Document |
|
|
|
|
|
99.1 |
|
Spartan Motors, Inc. Press Release dated January 23, 2007. |
EXHIBIT 99.1
FOR IMMEDIATE RELEASE
Contact:
Karen Hildebrant
Spartan Chassis, Inc.
(517) 543-6400 ext. 3111
Ryan McGrath, Jeff Lambert
Lambert, Edwards & Associates, Inc.
(616) 233-0500
Spartan Chassis to Supply Key Components for Cougar Armored Vehicles
Recent Contract Second Largest Military Chassis Order in Company History
CHARLOTTE, Michigan, January 23, 2007 - Spartan Chassis, Inc., a subsidiary of Spartan Motors, Inc. (Nasdaq: SPAR), today announced it has received a subcontract order from Force Protection, Inc. to supply and integrate key chassis components and assist in the manufacturing of 155 Cougars for use by the U.S. military.
The order placed with Spartan Chassis by Force Protection, a Charleston, S.C.-based manufacturer of ballistic and mine-protected military vehicles, is worth $23.7 million. The contract is the second largest military chassis order for Spartan since it began supporting military defense efforts in 2005.
"Spartan Chassis is once again honored to be able to provide our specialty vehicle expertise to Force Protection," said Richard Schalter, president of Spartan Chassis. "This continued partnership significantly contributes to the compelling need of protecting the lives of those U.S. men and women that will utilize these vehicles, which are known for the unmatched level of troop safety they provide."
The Cougar is a medium-sized, blast-protected vehicle produced in both four- and six-wheel configurations. The vehicle's V-shaped hull is designed to deflect the force of explosions away from passengers inside the armored hull. It can be customized for multiple tasks including urban patrol, route clearance support, troop transport, mine and explosive ordnance disposal, command and control, reconnaissance and as a lead convoy vehicle.
Force Protection's Buffalo and Cougar mine-protected vehicles have been deployed with U.S. and Allied forces since 2003 and have logged more than 1.6 million hours of combat operations in Iraq and Afghanistan.
About Spartan Chassis, Inc.:
Spartan Chassis, Inc., a subsidiary of Spartan Motors, Inc. (Nasdaq: SPAR), is a leading developer and manufacturer of custom chassis for recreational vehicles, fire trucks and specialty vehicles. Spartan Motors, which also manufactures emergency rescue vehicles under the brand names of Crimson Fire, Crimson Fire Aerials and Road Rescue, reported sales of $343.0 million in 2005 and is focused on becoming the premier manufacturer of specialty vehicles and chassis in North America.
About Force Protection, Inc.:
Force Protection, Inc. (Nasdaq: FRPT) manufactures ballistic- and mine-protected vehicles through its wholly owned subsidiary. These specialty vehicles are protected against landmines, hostile fire, and Improvised Explosive Devices (IEDs, commonly referred to as roadside bombs). Force Protection's mine and ballistic protection technologies are among the most advanced in the world. The vehicles are manufactured outside Charleston, S.C.
This release contains forward-looking statements, including, without limitation, statements concerning our business, future plans and objectives and the performance of our products. These forward-looking statements involve certain risks and uncertainties that ultimately may not prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. Technical complications may arise that could prevent the prompt implementation of the plans outlined above. The company cautions that these forward-looking statements
are further qualified by other factors including, but not limited to, those set forth in the company's Form 10-K filing and other filings with the United States Securities and Exchange Commission (available at http://www.sec.gov). Government contracts and subcontracts typically involve long payment and purchase cycles, competitive bidding, qualification requirements, delays or changes in funding, extensive specification development and changes, price negotiations and milestone requirements. An announced award of a governmental contract is not equivalent to a finalized executed contract and does not assure that orders will be issued and filled. Government agencies also often retain some portion of fees payable upon completion of a project and collection of contract fees may be delayed for long periods, which can negatively impact both prime contractors and subcontractors. The company undertakes no obligation to publicly update or revise any statements in this release, whether as a result of new information, f
uture events or otherwise, except as required by law.
# # #