Goshen-based Supreme Industries Inc. (NYSE: STS) is reporting first quarter net income of $3.8 million, up from $1.9 million during the same period last year. The specialized commercial vehicle manufacturer is also reporting a 10 percent increase in net sales in the first quarter.
"With positive momentum continuing in the medium duty work truck sector, 2016 is off to a great start at Supreme," said Mark Weber, president and chief executive officer. "In addition, our sales and operations teams continue to gain positive momentum, and our financial results reflect the hard work and customer commitment demonstrated by our entire organization."
The company says its ongoing strategic marketing and sales efforts have led to an order backlog of $102 million at the end of March, compared with $98 million at the end of the previous quarter and $94 million at the end of first quarter 2015.