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Utilimaster Enters Food Truck Market With Mobile Kitchen Solutions

Stocks in this article: SPAR

Utilimaster is targeting a variety of end-user market segments with its new mobile kitchen product line, including independent owner-operators, high-end cuisine providers and national chain restaurants. Based on recent industry research from IBISWorld, the target industry is expected to grow an average of 8.4% annually for the next five years, reaching total annual revenues of $1.5 billion as consumers continue to demand unique, gourmet food options in an increasingly mobile environment.

About Utilimaster

Utilimaster, a subsidiary of Spartan Motors, Inc. (Nasdaq:SPAR), is a leading manufacturer of walk-in vans and commercial truck bodies for the delivery and service marketplace. Utilimaster designs, develops and manufactures products to customer specifications for use in the package delivery, one-way truck rental, bakery/snack delivery, utility and linen/uniform rental businesses. The company serves a diverse customer base and also sells aftermarket parts and accessories. Visit Utilimaster at www.utilimaster.com .

About Spartan Motors

Spartan Motors, Inc., designs, engineers and manufactures specialty chassis, specialty vehicles, truck bodies and aftermarket parts for the recreational vehicle, emergency response, government services and defense, delivery and service markets. The company's brand names - Spartan™, Spartan ERV™ and Utilimaster® - are known for quality, performance, service and first-to-market innovation. The company employs approximately 1,700 associates at facilities in Michigan, Pennsylvania, South Dakota, Indiana, Florida and Texas. Spartan reported sales of $470.6 million in 2012 and is focused on becoming a global leader in the design, engineering and manufacture of specialty vehicles and chassis. Visit Spartan Motors at www.spartanmotors.com .

About Mobi Munch, Inc.

Mobi Munch develops and licenses a curated portfolio of nationally recognized street food-inspired concepts and provides expert consulting to emerging and established food service providers and brands. Mobi Munch is dedicated to creating an innovative consumer experience that integrates cutting-edge technology and bridges multiple restaurant formats, including mobile.

CONTACT: Russell Chick
         Corporate Director of Marketing
         Spartan Motors, Inc.
         517.997.3852
         
         John Marshall
         Senior Vice President, Sales and Marketing
         Utilimaster Corporation
         574.848.2004
         jmarshall@utilimaster.com

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