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The Shyft Group, Inc.

9.37
+0.25002.74%
Post-market: 9.370.00000.00%19:52 EDT
Volume:146.15K
Turnover:1.37M
Market Cap:328.01M
PE:739.78
High:9.43
Open:9.10
Low:9.10
Close:9.12
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Company Profile

Company Name:
The Shyft Group, Inc.
Exchange:
NASDAQ
Establishment Date:
1975
Employees:
2555
Office Location:
41280 Bridge Street,Novi,Michigan,United States
Zip Code:
48375
Fax:
- -
Introduction:
The Shyft Group, Inc. engages in the manufacture and assembly of specialty vehicles for the commercial and recreational vehicle industries in the United States and internationally. It operates in two segments, Fleet Vehicles and Services, and Specialty Vehicles. The Fleet Vehicles and Services segment offers commercial vehicles used in the e-commerce/last mile/parcel delivery, beverage and grocery delivery, laundry and linen, mobile retail, and trades and construction industries. This segment markets its commercial vehicles, including walk-in vans, cutaway vans, and truck bodies under the Aeromaster, Velocity, Trademaster, and Utilivan brands; and vocation-specific equipment upfit services under the Utilimaster Upfit Services and Strobes-R-Us brands. It also installs specialty interior and exterior up-fit equipment for walk-in vans, truck bodies, cargo vans, and light duty pick-up trucks; and provides aftermarket support, including parts sales and field services, as well as parts and accessories. The Specialty Vehicles segment provides diesel motor home chassis; and truck bodies under the Royal Truck Body and DuraMag brands. The segment also provides final assembly services for Isuzu N-gas and F-series chassis under the Builtmore Contract Manufacturing brand; and designs and installs custom lighting and upfit solutions for a range of specialty industries. In addition, this segment provides truck accessories under the Magnum brand; and a range of parts and accessories, and maintenance and repair services for its motorhome and specialty chassis. It sells its products to commercial users, original equipment manufacturers, dealers, individuals, municipalities, and other government entities. The company was formerly known as Spartan Motors, Inc. and changed its name to The Shyft Group, Inc. in June 2020. The Shyft Group, Inc. was incorporated in 1975 and is headquartered in Novi, Michigan.

Directors

Name
Position
Hugh W. Sloan, Jr.
Chairman
Daryl M. Adams
Director, President and CEO
Andrew M. Rooke
Director
James A. Sharman
Director
James C. Orchard
Director
Richard F. Dauch
Director
Richard R. Current
Director
Ronald Harbour
Director

Shareholders

Name
Position
Frederick J. Sohm
Chief Financial Officer
Arthur D. Ickes
Executive Officer - Special Projects
Daryl M. Adams
Director, President and CEO
John A. Forbes
President of our Delivery and Service Vehicles business unit
John W. Slawson
President of the Emergency Response business unit
Steve Guillaume
President of the Specialty Chassis and Vehicles business unit
Thomas C. Schultz
Chief Administrative Officer
Thomas T. Kivell
Vice President and General Counsel