Blue Bird Set To Join Russell Indexes
By Business Wire News
By Business Wire News
FORT VALLEY, Ga.
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.
Blue Bird Corporation
Jeff Merten, 478-822-2496
Investor Relations & New Business Development