HUTCHINSON, Kan., Sept. 27 /CNW/ -- Collins Industries, a leading
manufacturer of specialty vehicles in the United States, announced today the
purchase of select assets from Les Entreprises Michel Corbeil Inc.
"I'm please to announce the purchase of select assets from Les
Entreprises Michel Corbeil Inc. This purchase will give our bus division a
significant platform to continue our growth in the Type-A bus market," stated
Randall Swift, President/CEO of Collins Industries, Inc.
Company officials plan to continue to market the Corbeil brand name
throughout the northeastern United States and Canada through dealer and
national account relationships.
"The purchase of select assets from Les Entreprises Michel Corbeil Inc.
should send a clear message to our dealers and customers of our commitment to
this industry. As the leading manufacturer of Type-A buses, we will use this
purchase to expand our customer base throughout North America," stated Kent
Tyler, President of Collins Bus Corporation.
Collins Industries, Inc., a subsidiary of BNS Holding, Inc., is a leading
manufacturer of ambulances (including medical attack vehicles, rescue vehicles
and fire emergency vehicles), North America's largest producer of Type "A"
small school buses, the nation's second largest manufacturer of terminal
trucks and a leader in the road construction and industrial sweeper markets.
Since 1971, Collins Industries, Inc. has grown to approximately 1000 employees
in five plants comprising over one million combined square feet of
manufacturing space. Collins Industries, Inc. sells its products throughout
the North America and abroad.
This press release contains forward-looking statements, as defined in the
Private Securities Litigation Reform Act of 1995. Such forward-looking
statements involve a number of assumptions, risks and uncertainties that could
cause the actual results of the company to differ materially from those
matters expressed in or implied by such forward-looking statements. They
involve known and unknown risks, uncertainties, and other factors, which are
in some cases beyond the control of the company. Additional information
regarding these risk factors and uncertainties is described more fully in the
parent company's SEC filings. (Pink Sheets: BNSSA) A copy of all SEC filings
may be obtained from the SEC's EDGAR web site, http://www.sec.gov, or by
contacting the company at (401) 848-6300. BNS Holding, Inc. does not currently
maintain a web site.
For further information:
For further information: Kent Tyler, +1-620-662-9000, ext 400, for
Collins Industries, Inc.