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Profile: Blue Bird Corp (BLBD.OQ)

BLBD.OQ on NASDAQ Stock Exchange Global Market

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19 Jan 2018
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Blue Bird Corporation, incorporated on September 24, 2013, is a designer and manufacturer of school buses. The Company operates through two segments: Buses and Aftermarket Parts. The Bus segment includes the manufacturing and assembly of school buses to be sold to a range of customers across the United States, Canada and in international markets. The Aftermarket Parts segment consists of the purchase of parts from third parties to be sold to dealers within the Company's network. The Company manufactures, assembles and sells school buses to a range of municipal, federal and commercial customers. The majority of the Company's sales are made to an independent distributor network, which in turn sells buses to ultimate end users. The Company owns its facilities in Fort Valley, Georgia.

Buses

The Bus segment involves the design, engineering, manufacture and sales of school buses and extended warranties. As of October 3, 2015, it sold three types of school buses (Type C, Type D and specialty buses), as well as aftermarket parts. Each of its Type C and Type D buses is manufactured and assembled on its own purpose-built chassis in Fort Valley, Georgia. The Company manufactures school bus bodies, which include its 14-gauge one piece steel bows roof system. Specialty buses include school buses that are converted to suit applications required by the United States Government, state and local governments and various export customers. It also sells a Sigma bus that is developed for public transportation using its school bus chassis and a purpose-built body. The Sigma bus is sold in Colombia.

The Company, through Micro Bird Holdings, Inc., produces Blue Bird Micro Bird by Girardin Type A bus and is sold through its dealer network. As of October 3, 2015, the Company's buses are sold through a network of approximately 49 the United States and Canadian dealers. The Company also sells directly to fleet operators, the United States Government, state governments and authorized dealers in various foreign countries. In fiscal year October 3, 2015, the Company had sold 10,378 buses throughout the world.

Aftermarket Parts

The Aftermarket Parts segment includes the sales of replacement bus parts. The Company maintains a parts distribution center in Delaware, Ohio. In fiscal year October 3, 2015, the Company had 49 dealers operating approximately 250 aftermarket parts and service locations across the United States and Canada.

The Company competes with Daimler Trucks North America and Navistar International.

Company Address

Blue Bird Corp

402 Bluebird Blvd
FORT VALLEY   GA   31030-5088
P: +1478.8222801
F: +1302.6555049

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