News

NOVI, Mich. , Jan. 13, 2025 /PRNewswire/ — The Shyft Group (NASDAQ: SHYF) (” Shyft “) today provided supplemental information in a presentation to shareholders regarding its proposed merger with Aebi Schmidt Group (“Aebi Schmidt”), previously announced on December 16, 2024 .

NOVI, Mich. , Dec. 30, 2024 /PRNewswire/ — The Shyft Group, Inc. (NASDAQ: SHYF) (” Shyft ” or the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced the appointment of

Significant Scale in Attractive North American Market with Strong European Presence Highly Complementary Portfolios Create Opportunities to Better Serve Customers and Drive Competitive Growth Expected to Generate 2024E Pro Forma 1 Revenue of ~$1.95 Billion 2 and Adjusted EBITDA 3 of ~$200 Million+

NOVI, Mich. , Dec. 10, 2024 /PRNewswire/ — The Shyft Group, Inc. (NASDAQ: SHYF), a North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced the first shipments of its Blue Arc™ Class 4 EV truck

NOVI, Mich. , Nov. 21, 2024 /PRNewswire/ — The Shyft Group, Inc. (NASDAQ: SHYF) (” Shyft ” or the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced that Jon Douyard has

NOVI, Mich. , Oct. 30, 2024 /PRNewswire/ — The Shyft Group, Inc. (NASDAQ: SHYF) (” Shyft ” or the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced that its Board of

NOVI, Mich. , Oct. 28, 2024 /PRNewswire/ — The Shyft Group, Inc. (NASDAQ: SHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced strategic partnerships with Allegiance Trucks, LLC ,

Expanded gross margin to 20.4%, up 210 basis points year-over-year Blue Arc Class 4 vehicle now in production with first customer deliveries expected in the fourth quarter Maintained full year 2024 adjusted EBITDA outlook of $45 to $50 million ; positioned for significant profit growth in 2025

NOVI, Mich. , Oct. 10, 2024 /PRNewswire/ — The Shyft Group, Inc. (NASDAQ: SHYF) (” Shyft ” or the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for ecommerce-driven parcel delivery, as well as the broader commercial, retail, and service specialty

Commitment to environmental stewardship, social impact, and governance excellence continues to drive progress NOVI, Mich. , Sept. 17, 2024 /PRNewswire/ — The Shyft Group, Inc. (NASDAQ: SHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial,