Supreme Industries (NYSE MKT: STS) today announced that it intends to
divest its shuttle-bus business.
Supreme's core business of manufacturing and selling customized truck
bodies has recently undergone successful facilities and manufacturing
upgrades resulting in enhanced operating efficiencies and margins for
these products. Shuttle bus products currently represent less than 12%
of the Company's consolidated sales and had a materially adverse impact
on consolidated earnings in 2013. The divestiture is intended to further
expand profit margins on a consolidated basis.
See full press release
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