spartanmotors. The Company employs
approximately
900 at facilities in Michigan, Alabama, Pennsylvania, South
Carolina, and South Dakota. AURORA
, ON, March 7 - Magna International Inc.
spartan gears
Spartan Chassis Reports Record First Quarter Fire Truck Orders
at FDIC
CHARLOTTE, Mich."
About Spartan Chassis
Spartan Chassis, Inc.
(TSX:
MG.
(TSX: DEC.specialised motorhomes
The company has a
reputation for high quality, value, service and being the first
to market with
innovative products. Spartan Motors is publicly traded in the Nasdaq Stock
Market
under the ticker symbol SPAR.
The statements contained in this news release include certain
predictions
and projections that may be considered "forward-looking statements" under the
securities
laws. The Company undertakes no
obligation to update or revise any forward-looking statements to
reflect
developments or information obtained after the date of this news release.1453 of a Magna
Class A
Subordinate Voting Share for each Decoma Class A Subordinate Voting share
under the arrangement
.vehicles pk
"We continue to see momentum in orders and bid activity this quarter and
expect that momentum
to continue following the FDIC show, where we are
showcasing additional product features and technology
," said Rich Schalter,
president of Spartan Chassis.A, MG.gears clearing
The order intake was the most ever for
Spartan in a single quarter and spanned
more than a dozen OEMs. and is a leading developer and manufacturer
of custom
chassis for recreational vehicles and fire trucks. Spartan Motors is publicly traded on
The Nasdaq
Stock Market under the ticker symbol SPAR.MV.m. In consideration for Magna's
acquisition
of all of the issued and outstanding Class A Subordinate Voting
shares of Decoma not already owned
by it, Magna will issue 2,854,400 Class A
Subordinate Voting shares in exchange for Decoma Class
A Subordinate Voting
shares and pay approximately Cdn.trucks investor
(http://www.motorhomes spartan
Decoma, designs, engineers
and manufactures automotive exterior
components and systems which include fascias (bumpers), front
and rear end
modules, liftgates and running boards, plastic body panels, exterior trim
components
, sealing and greenhouse systems and lighting components for cars
and light trucks (including sport
utility vehicles and mini-vans).; various engine,
transmission and fueling systems and components
through Decoma International
Inc.trucks chassis
These statements involve many risks and
uncertainties that
could cause actual results to differ materially, including
but not limited to economic, competitive
, governmental and technological
factors affecting the Company's operations, markets, products, services
and
prices.2856 per share, resulting in a payment of
Cdn.spartan chassis
The Company's brand names
-- Spartan
(TM), Crimson Fire(TM), Crimson Fire Aerials(TM), and Road
Rescue(TM) -- are known in their market
niches for quality, value, service and
being the first to market with innovative products.SV. on
March 6, 2005. For purposes of the cash elections,
the volume-weighted average trading price of Magna
's Class A Subordinate
Voting shares on the Toronto Stock Exchange ("TSX") over the five trading days
ended March 4, 2005 was Cdn.specialized cutaway
The chassis
orders included a broad range of Spartan products, but
were driven in large
part by increased orders of its Gladiator and new Gladiator Evolution trucks
.spartanchassis. Accounting estimates are inherently forward-looking.cutaway gears
SV.$88.armored specialised
Decoma privatization completed
vehicles clearing
(http://www. Additional
information about these and other factors that may adversely affect
these
forward-looking statements are contained in the Company's reports and filings
with the Securities
and Exchange Commission.
Otherwise, Decoma shareholders will receive 0. It will also list companies
that support the manufacture of specialized vehicles.
specialized motorhomes
(Nasdaq: SPAR), today announced it secured
217
orders for its custom fire truck chassis in the first quarter of 2005. Magna has
approximately 81
,000 employees in 219 manufacturing operations and 49 product
development and engineering centres
in 22 countries.specialized spar
As
a result, Decoma amalgamated with Magna.8279 per share for Decoma shareholders
who made cash elections.
ambulances specialised
This category will list companies that manufacture vehicles other
than cars, trucks, vans, competition and RVs.
signaling transmissions
Spartan Chassis said its record orders over the
first quarter reflect the
Company's continued ability to significantly grow market share during the
last
two years, thanks in large part to solid dealer and OEM support.spar bodies
, Spartan Chassis, a
subsidiary
of Spartan Motors, Inc.frame trucks
These forward-looking statements are identifiable by words
or phrases indicating
that the Company or management "expects," "believes" or
is "confident" that a particular result
"may" or "should" occur, that a
particular item "bodes well," that the Company "looks forward" to
a particular
result, or similar statements.
Magna, the most diversified automotive supplier
in the world, designs,
develops and manufactures automotive systems, assemblies, modules and
components
, and engineers and assembles complete vehicles, primarily for sale
to original equipment manufacturers
of cars and light trucks in North America,
Europe, Mexico, South America and Asia.buses clearing
com ) operates
under
Spartan Motors, Inc.
About Spartan Motors
Spartan Motors, Inc.B, NYSE: MGA
) ("Magna") and Decoma International Inc.spartan vehicles
$37,175,800 to Decoma shareholders who made
cash elections
and for fractional shares. Decoma has
approximately 16,000 employees in 54 manufacturing, engineering
and product
development facilities in Canada, the United States, Mexico, Germany, Belgium,
England
, France, Austria, Poland, the Czech Republic and Japan.
consist enforcement
bodies armored
com ) designs, engineers
and
manufactures custom chassis and vehicles for the recreational vehicle,
fire truck, ambulance and
emergency-rescue markets.A; NASDAQ: DECA) ("Decoma") today jointly announced that Magna's
privatization
of Decoma by way of a plan of arrangement under Ontario law,
which received shareholder approval
on February 28, 2005 and final court
approval on March 2, 2005, became effective at 12:01 a. Magna
's products include: automotive
interior and closure components, systems and modules through Intier
Automotive
Inc. The general type of vehicles listed in this category will be, snow clearing, school
buses, postal vehicles, etc.
chassis vehicles
enforcement armored
"Our chassis will be on display on 25 different
fire trucks at the
FDIC show floor, a clear indication of the momentum of
Spartan Chassis in the market and our continued
product and service
excellence.$12.; metal body systems, components, assemblies and modules through
Cosma
International; exterior and interior mirror and engineered glass systems
through Magna Donnelly;
fascias, front and rear end modules, plastic body
panels, exterior trim components and systems, greenhouse
and sealing systems
and lighting components through Decoma International Inc.; a variety of drivetrain
components through Magna Drivetrain; and
complete vehicle engineering and assembly through Magna
Steyr.buses mobiles
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