Market Overview

Spartan Motors Sells Wakarusa, Indiana Plant

Related SPAR
Among A Raft Of Index Changes, Affiliated Managers Group To Join S&P 500
Top 4 Stocks In The Trucks & Other Vehicles Industry With The Highest Dividend Yield
Auto Parts Makers Drive Higher (Fox Business)

Spartan Motors, Inc. (Nasdaq: SPAR) ("Spartan" or the "Company") today announced the sale of the majority of its Wakarusa, Indiana facility to Forest River, Inc., a Berkshire Hathaway Company. This transaction was pursuant to Spartan's announcement on Feb. 14, 2012 that it will relocate the Company's Utilimaster operations to Bristol, Indiana from Wakarusa, Indiana. All terms of the transaction were in line with previously disclosed estimates.

Posted-In: News Asset Sales

 

Most Popular

Related Articles (SPAR)

Around the Web, We're Loving...

Partner Network

Get Benzinga's Newsletters