FORT VALLEY, Ga.--(BUSINESS WIRE)--
Blue Bird Corporation (“Blue Bird”) (Nasdaq: BLBD), the leading
independent designer and manufacturer of school buses, announced it will
join a number of Russell Indexes today, according to a preliminary list
of additions posted June 12 on www.russell.com.
Phil Horlock, President and Chief Executive Officer of Blue Bird
Corporation commented, “We are very pleased to join the Russell family
of indexes. The inclusion of Blue Bird in the Russell 2000, Russell
3000, Russell Global and Russell Microcap indexes is an important
milestone for our company. It represents a significant opportunity to
increase our visibility within the investment community.”
FTSE Russell determines membership for its Russell indexes primarily
based on objective, market-capitalization rankings and style attributes.
Russell indexes are widely used by investment managers and institutional
investors for index funds and as benchmarks for active investment
strategies.
Approximately $5.7 trillion in assets are benchmarked to Russell U.S.
indexes. Russell indexes are part of FTSE Russell, a leading global
index provider. For more information on the Russell reconstitution, go
to the “2015 Index Reconstitution” section on the FTSE Russell website.
About Blue Bird Corporation
Blue Bird is the leading independent designer and manufacturer of school
buses, with more than 550,000 buses sold since its formation in 1927 and
approximately 180,000 buses in operation today. Blue Bird’s longevity
and reputation in the school bus industry have made it an iconic
American brand. Blue Bird distinguishes itself from its principal
competitors by its singular focus on the design, engineering,
manufacture and sale of school buses and related parts. As the only
manufacturer of chassis and body production specifically designed for
school bus applications, Blue Bird is recognized as an industry leader
for school bus innovation, safety, product
quality/reliability/durability, operating costs and drivability. In
addition, Blue Bird is the market leader in alternative fuel
applications with its propane-powered and compressed natural gas-powered
school buses. Blue Bird manufactures school buses at two facilities in
Fort Valley, Georgia. Its Micro Bird joint venture operates a
manufacturing facility in Drummondville, Quebec, Canada. Service and
after-market parts are distributed from Blue Bird’s parts distribution
center located in Delaware, Ohio.
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Blue Bird Corporation
Jeff Merten, 478-822-2496
Investor
Relations & New Business Development
[email protected]
Source: Blue Bird Corporation