Spartan Expands Contract Assembly for Isuzu with New F-Series Truck

March 28, 2016
Spartan Motors, Inc. (NASDAQ: SPAR) announced that Isuzu North America Corporation selected the company to produce the Isuzu F-Series truck.

Spartan Motors, Inc. (NASDAQ: SPAR) announced that Isuzu North America Corporation selected the company to produce the Isuzu F-Series truck.

On April 19, at Spartan's headquarters in Charlotte, Michigan, the company and Isuzu will hold a groundbreaking ceremony to recognize this new contract, which expands a relationship that began in 2011 with Spartan's assembly of Isuzu N-Series gas trucks.

In May 2011, Spartan announced the start of production of the Isuzu gasoline-powered N-Series trucks. Since 2011, the two companies have realized phenomenal growth in that segment, and in April 2015 the 20,000th N-Series gas truck rolled off of Spartan's assembly line. The F-Series marks an expansion of Isuzu's product offering into class 6 on-highway commercial trucks.  Spartan will work closely with Isuzu to ensure the finished product meets Isuzu's specifications and delivery requirements precisely.

Spartan has invested heavily in a state-of-the-art manufacturing facility which has a flexible production line that can be easily reconfigured to accommodate the assembly of multiple product lines. This approach allows Spartan to quickly scale up production to meet its customers' expedited delivery needs or scale down to accommodate changing business cycles.

To support production of the new Isuzu vehicle, a new plant will be added to the Spartan portfolio and Charlotte campus.  Spartan worked closely with both the city of Charlotte and the Michigan Economic Development Corporation (MEDC) to create and formalize plans for this new plant. The facility will be 85,000 square-feet and will be dedicated solely to production of Isuzu products.