Wednesday, May 02, 2007

Motorhome Chassis Maker, Spartan Motors, Has Record Quarter

Motorhome Chassis maker Spartan Motors Inc. today reported record first-quarter earnings and sales, and reported it will add three manufacturing facilities.

The Charlotte, Michigan based company posted profits of $7.2 million for the first three months of 2007, up from $4.5 million a year ago. Sales were $143 million, compared to $103.7 million in the first quarter of 2006.

Spartan reported that its order backlog is up more than 37 percent, the largest in its history, prompting the addition of production capacity.

However, Spartan, the leading supplier of motorhome chassis, does have concerns about the effect of fuel prices on the RV market.
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