26
MiMfg Magazine
October 2019
MFG
@ Work
What’s Happening
in Michigan
Manufacturing
Spartan Motors Acquires
Royal Truck Body
Credit: PRNewsfoto/Spartan Motors, Inc.
Spartan Motors, Inc. purchased
Royal Truck Body, a leading,
California-based designer,
manufacturer, and installer
of service truck bodies and
accessories in September.
Spartan Motors has been
an MMA member since January
1991 and is the North American
leader in specialty vehicle
manufacturing and assembly
for the commercial and retail
Charlotte-based Spartan Motors, Inc. acquired Royal Truck Body in September.
vehicle industries as well as for
the emergency response and
The 230,000-square-foot
said Adams. “Our long-term
recreational vehicle markets.
facility,
an investment of nearly
strategy
is
to
broaden
our
geographic
Royal joins Spartan’s Specialty
$50
million,
solidifies the
footprint
with
increased
capabilities
Chassis and Vehicles (SCV)
manufacturer’s
presence in the
for
each
regional
location
to
offer
business unit and will continue
region
and
will
accelerate its role
a
comprehensive
suite
of
products
to go to market under the strong
as
a
leader
in
vision-based
driver
and
services.”
Royal Truck Body ™ name.
assistance
systems.
The
new
facility
The purchase of Royal expands
“This is an exciting day for
allows
for
large-scale
deployment
Spartan Motors’ manufacturing
Spartan,” said Daryl Adams,
of future technologies such as
operations into Southern California,
president and CEO of Spartan
advanced driver assistance systems
Northern California, and additional
Motors. “Our acquisition of Royal
(ADAS), advanced robotics and
West Coast markets, advancing
Truck Body marks the continued
micro-LED lighting.
its U.S. footprint strategy with
execution of our strategic plan and
six additional operating facilities
“We provide features to improve
delivers on the promise of nation-
located
in
California,
Arizona
the
daily commute and add a layer
wide expansion to the benefit of
and
Texas.
Spartan
expects
the
of
safety,”
said Magna CTO Swamy
our customers, suppliers, team
transaction
to
be
accretive
to
earnings
Kotagiri.
“With
the excitement
members, and our shareholders.”
on an annualized basis in 2020.
surrounding autonomous vehicles
The company pointed to the
and their potential to eliminate
Read the full press release
acquisition’s ability to achieve three
car crashes, it can be easy to forget
at
www.spartanmotors.com.
key parts of its strategic plan:
the path to full autonomy lies in
EBITDA (earnings before interest,
the safety and driver assistance
tax, depreciation and amortization)
Magna
Celebrates
systems we have today.”
margin growth, increased revenue,
Opening
of
New
Serving many of the world’s
and geographic expansion through
automakers,
Magna Electronics
Electronics Facility
a coast-to-coast manufacturing
Holly
ships
ADAS
components to
and distribution footprint.
Magna celebrated the recent
more than 330 different locations
“As we welcome Royal to the
opening of a new electronics
in North and South America,
Spartan family and work to grow
manufacturing facility in Grand
Europe and Asia. At present Magna
our combined business, we see many
Blanc Township consolidating
Electronics Holly has made more
opportunities to further our value
three locations into a single state-
than 46 million ADAS components
proposition of additional expansion
of-the-art facility that combines
and uses cameras and other sensory
into the trades, fleet, and last mile
21st-century manufacturing with
equipment to help drivers more
delivery categories nationwide,”
a people-first workplace.