Displaying items by tag: Spartan Motors Inc
Here is the MiBiz Growth Report for March 20, 2017:
• M&A: Grand Rapids-based fuel distributor Crystal Flash Inc. has expanded its geographic footprint into Southeast Michigan with the acquisition of Adrian-based Lenawee Farm Bureau Oil Cooperative, which has more than 500 customers. Two employees will stay on with Crystal Flash, according to a statement. Terms of the deal, which was finalized this month, were not disclosed. Lenawee County Farm Bureau Oil Cooperative serves agricultural, commercial, construction and home heating oil customers. Grand Rapids-based Charter Capital Partners served as financial adviser to Crystal Flash on the deal. The employee-owned company employs 250 people at 15 locations in Michigan.
Spartan Motors Inc. struck a deal with Ed M. Feld Equipment Co. to serve as the Iowa-based dealership’s exclusive manufacturer for fire truck components.
Strong performance in its fleet vehicle business lifted sales for Spartan Motors Inc. throughout 2016.
Citing financial constraints, heavy-duty vehicle manufacturer Spartan Motors Inc. has ceased its development of the next-generation delivery vehicle for the United States Postal Service.
Spartan Motors Inc. has acquired Smeal Fire Apparatus Co. of Snyder, Neb. in a deal that will position Spartan as the fourth largest manufacturer of fire trucks and components in North America.
CHARLOTTE — Spartan Motors Inc. has landed on the short list for a potentially large government contract to make the next generation of delivery vehicles for the United States Postal Service.
Stock prices of West Michigan’s publicly traded companies tumbled on Friday as Wall Street succumbed to the uncertainty caused by the U.K.’s decision to exit the European Union.
Spartan Motors Inc. (Nasdaq: SPAR) broke ground today on a $5.5 million expansion project at its headquarters in Charlotte.
Here is the MiBiz Growth Report for April 4, 2016:
• M&A: Cuyahoga Falls, Ohio-based Americhem Group acquired Vi-Chem Corp. of Grand Rapids, according to a statement. Vi-Chem is a supplier of plastic compounds for injection molding, extrusion and blow molding applications. Its customers include companies in the automotive, medical and industrial sectors. Terms of the deal, which closed March 18, were not disclosed. Americhem, a manufacturer of color and additive plastic compounds for the polymer industry, will maintain Vi-Chem’s Grand Rapids operations, where the company employs 85 people.
Spartan Motors Inc. plans to build a new manufacturing plant at its campus in Charlotte, Mich.