Serves the Commercial Small Fleet Market of 10 – 50 Vehicles

Workhorse Manufactures 50,000th Chassis

September 13, 2002

Workhorse Custom Chassis produced its 50,000th chassisSept. 12, three and a half years after the company acquired the rights toGeneral Motors entire P-Chassis production line for motor homes, buses andwalk-in trucks. "Our strategy was to add value by being 100 percent focused on underservedniche markets," said chairman and CEO Andrew Taitz. Workhorse officiallypurchased the GM product line in January 1999 and by the end of thatFebruary was producing chassis at its new 209,000-square-foot operation inUnion City, according to the company."We've had a significant impact on the markets we serve," said Workhorsepresident Tom Frey. "Our improvements to the General Motors P Series producthave given the RV customer more power with better ride and handling. Thenour all-new heavy-duty W Series chassis firmly established our value ­performance position, meeting the demand for bigger, more powerful units.We simply listened to what RV customers wanted and responded with theproducts they demanded. Now, when potential buyers look at a Class A motorhome, they're asking if it¹s built on a Workhorse."Workhorse says they have met customer demand by improving the performance ofGM's commercial chassis for walk-in trucks with several new choices, such asthe recent introduction of a new Cummins diesel engine and a heavier 19,500lb. GVWR gasoline chassis. "Most significantly, we have changed the way thatwalk-ins are sold," said Tim Logsdon, vice president of commercialmarketing. "By working with our sister company, Union City Body Company,Workhorse can make complete, integrated vehicles and market them under ourown badge. Rather than ordering from separate chassis and bodymanufacturers, businesses can now more easily obtain Workhorse walk-intrucks right off the dealer lot, or through a one-order process in less thanhalf the standard timeframe for the industry."Customized interiors for specific vocations can also be handled on the sameorder. "Custom fitting a walk-in truck for specific needs has never beensimpler," said Logsdon. "Whether you manage a big fleet or a one-truckbusiness, we've made it easy to get the most of your walk-in. It all goesback to our laser-like focus on the customer.""This 50,000 unit milestone is a tribute to the vision of Andrew Taitz andthe hard work of our employees," said Frey. "We've succeeded because we madethe commitment early on to give customers the best value and best servicepossible." "We've done what we said we would do," said Frey. "But most gratifying isthat we've built a reputation for responsiveness and a willingness to goŒthe extra mile¹ for the customer. That reputation is built on the 'extramiles' our employees have given us, for which we're very grateful."Workhorse employs more than 500 people, most of them at its Union Cityfacility.Frey concluded, "50,000 chassis gives us a chance to pause and reflect. Butwe won't pause too long. More product offerings are on the horizon, and weexpect to continue our market leadership for years to come."Specializing in the manufacture of chassis for motor homes, walk-in trucksand buses, as well as integrated walk-in trucks, Workhorse Custom Chassis isISO 9001 certified in the motor home and walk-intruck industries. Its manufacturing facility is in Union City, Ind., and itscorporate headquarters are in Highland Park, Ill. For more information calltoll-free 877-294-6773 or visit www.workhorse.com.
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