The Shyft Group (NASDAQ: SHYF) is a leading designer, manufacturer and upfitter of specialty vehicles, truck bodies and aftermarket truck equipment. Headquartered in Novi, Michigan, the company operates through two primary business segments: Specialty Vehicles and Commercial Van Equipment. Under its Specialty Vehicles segment, The Shyft Group develops purpose-built vehicles for applications such as emergency response, retail delivery, mobile processing and shuttle services. Its product portfolio includes walk-in vans, cutaway chassis vehicles, mobility solutions and modular truck bodies marketed under well-known brands like Morgan Olson, Utilimaster and Roadmaster.
In the Commercial Van Equipment segment, The Shyft Group supplies original equipment manufacturer (OEM) and aftermarket solutions, including service bodies, platform bodies, truck accessory packages and vocational van equipment. Leveraging platforms from major truck and van manufacturers, the company designs configurable upfit systems to meet the needs of customers in utility, telecommunications, construction, landscaping and other field service industries. Its aftermarket offerings encompass toolboxes, ladder racks, towing and hauling accessories, as well as bespoke shelving and storage solutions.
Founded in 1975 as Spartan Motors, the company rebranded to The Shyft Group in 2018 to reflect its evolving focus on commercial vehicle markets and advanced mobility. Over the decades, it has expanded its global footprint across North America and Europe, operating multiple production facilities, engineering centers and distribution locations. This geographic reach enables The Shyft Group to serve regional fleets, government agencies and large enterprise customers with tailored vehicle solutions and responsive service support.
Under the leadership of President and Chief Executive Officer Daryl Adams, The Shyft Group emphasizes product innovation, operational efficiency and customer collaboration. The company continues to pursue growth through strategic partnerships, technological enhancements and selective acquisitions aimed at broadening its product suite and penetrating adjacent markets. With a commitment to safety, sustainability and quality, The Shyft Group maintains a strong position within the specialty vehicle and commercial upfitting industry.
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