BRISTOL, Ind., March 7, 2013 (GLOBE NEWSWIRE) -- Utilimaster Corporation, a subsidiary of Spartan Motors, Inc. (Nasdaq:SPAR), along with BAF Technologies, a wholly owned subsidiary of Clean Energy Fuels Corp. (Nasdaq:CLNE), announced today the formation of a preferred installer agreement between the two companies. Together, Utilimaster and BAF will be presenting a converted vehicle in the Ford Commercial Truck booth (Booth # 3139) at the 2013 NTEA Work Truck Show in Indianapolis, Ind., March 6-8.
Under the agreement, Utilimaster, a market leader in delivery and service vehicles, is appointed the exclusive and preferred installer of the BAF Compressed Natural Gas system on the Ford F-59 walk-in van stripped chassis. The solution achieved both EPA and CARB certifications.
BAF, a leading provider of natural gas vehicle systems in the United States and supports clients with alternative fuel systems, has collaborated with Utilimaster to develop a dedicated solution to support the delivery and service markets. This partnership builds on the Utilimaster strategic vision of offering a full portfolio of alternate fuel and field service solutions."Alliances with companies like BAF Technologies provides Utilimaster clients with a professional partnership of project management, engineering and fleet solutions while positioning Utilimaster for long term growth," said John Forbes, President, Utilimaster Corporation. "The agreement further extends our commitment to offer green solutions that are field-proven and deliver a strong return on investment." Compressed Natural Gas equipped vehicles provide a 65% fuel savings while utilizing natural gas, 90% of which is produced domestically. Utilimaster has a proprietary alternative fuels program offering that assesses customer needs, formulates the best solution, develops the business case, manages the deployment project plan, and provides product training/support. Customers also have the option of calling upon the Utilimaster Fleet Solutions Organization to implement additional programs – at any location – that have proven to be best practices in the areas of improved driver productivity, safety, and reduction of cost of operation.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV