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Spartan Motors

Utilimaster Recalls 9,861 Work Trucks

WASHINGTON – Utilimaster Corp., an Indiana-based manufacturer of walk-in vans and commercial truck bodies for the delivery and service marketplace, is recalling 9,861 work trucks because of a potential problem with the door locks.

Spartan Motors to Acquire Utilimaster Corp.

CHARLOTTE, MI - Spartan said the acquisition of Utilimaster is expected to add approximately $105 million in annualized revenues and be slightly dilutive to earnings in the first full year and accretive by year two.