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Supreme Industries Pursuing Shuttle Bus Sale

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January 11, 2014 by   Leave a Comment

If things as planned, 200 jobs will remain in Goshen, Ind., when Supreme Industries sells the shuttle-bus business.

“That’s what we are planning,” Mark Weber, president and CEO of Supreme Industries in Goshen, said. “It’s all going to depend on the buyer. We’ve got a very attractive facility and a skilled work force.”

The South bend Tribune reported that the shuttle bus building is across the street from Supreme’s corporate offices and truck business. There’s even room for expansion on the current shuttle-bus site, Weber said.

“Our process to divest is very active at this point in time,” Weber said this week.

He said the shuttle bus business is a relatively small portion of Supreme’s business, so it might make more sense for a new owner to invest in and grow the operation.

Supreme Industries announced Dec. 31 that it will sell its shuttle-bus business.

The shuttle bus business represents about 12% of Supreme’s sales, the company said, and had a negative effect on its consolidated earnings in 2013.

For the full story click here.

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