$5.11
-0.02 (-0.39%)
Spartan Motors, Inc. (SPAR)
CAPS Rating:
The Company is a designer, engineer and manufacturer of custom heavy-duty chassis.
The Company is a designer, engineer and manufacturer of custom heavy-duty chassis.
Recs
I have been driving a Spartan chassis fire engine for many years now. I do think it is important for people to understand that in the fire service, Spartan chassis are consistently thought of as high quality equipment. They are well built and have managed to incorporate the new diesel exhaust standards without compromising cab space. As a mechanic, they hold up extremely well to the rigors of emergency use. When we spec new apparatus, we immediately 'pen in' Spartan.Spartan makes the chassis, usually bought by a manufacturer, such as Hi-Tech, KME, HME, Smeal ...etc. Then they build up the fire engine or truck from there. Spartan is a very common, but well thought of foundation for a truck.I have heard many times here to 'invest in what you know. I know this is a quality product, that has always been competitively priced compared to others in the industry. I know that the company delivers on time. The managers we deal with are knowledgeable and efficient. Walk up to a fire engine next time you see it at the fair or market. Chances are, you'll see the Spartan name on the front doors.I have been, and will be purchasing many shares, and am long on this stock. Don't let the recent problems at American LaFrance scare you. Spartan has an excellent price right now for a quality company.