Supreme Closes on Sale of Shuttle-Bus Business to Forest River

Supreme Industries, Inc. said the previously disclosed sale of its shuttle bus assets to Forest River, Inc., has closed.

Supreme Industries, Inc. (NYSE MKT: STS) said the previously disclosed sale of its shuttle bus assets to Forest River, Inc., has closed.

A small gain on the sale is anticipated to be recorded in the first quarter period ending March 29.

Additional information will be available when the company discloses its first-quarter financial results.

Supreme has a long-term strategy of focusing on its core work truck and specialty vehicle markets. Forest River, Inc., an Indiana-based Berkshire Hathaway Company, manufactures a full line of transit buses, shuttle buses and tour coaches.

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