Articles from The Shyft Group, Inc.

Program provides seamless, cost-efficient solutions for mutual customers of Shyft and Ford

NOVI, Mich., March 04, 2024 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, announced that management will be hosting analysts and investors at upcoming sell-side conferences and an industry tradeshow in March.

Advanced work truck solutions highlight the collective expertise of Shyft’s diverse brand portfolio

NOVI, Mich., Feb. 22, 2024 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“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 reported operating results for the fourth quarter and full-year ending December 31, 2023.

NOVI, Mich., Feb. 02, 2024 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“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 vehicle markets, will announce its fourth quarter and year-end 2023 financial results prior to the market opening on Thursday, February 22, 2024. A conference call and webcast will begin at 8:30 A.M. Eastern Time.

NOVI, Mich., Feb. 01, 2024 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“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 Directors authorized a cash dividend of $0.05 per share of common stock. 

Jacob Farmer Appointed President of Fleet Vehicles and Services

NOVI, Mich., Nov. 07, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (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, Chief Financial Officer, will participate in the Baird 2023 Global Industrial Conference in Chicago on November 7, 2023. The Company will be hosting one-on-one meetings with institutional investors throughout the day.

NOVI, Mich., Oct. 31, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“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 Directors authorized a cash dividend of $0.05 per share of common stock. 

Shyft generated $9.2 million of cash from operations; repurchased $10.3 million of sharesSpecialty Vehicles segment delivered record margin performance

NOVI, Mich., Oct. 10, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“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 vehicle markets, will announce its third quarter 2023 financial results prior to the market opening on Thursday, October 26, 2023. A conference call and webcast will begin at 8:30 a.m. ET.

Rush Enterprises operates the largest network of commercial vehicle dealerships in North America

NOVI, Mich., Sept. 19, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (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 Daryl Adams, President and Chief Executive Officer, and Jon Douyard, Chief Financial Officer, will attend and present at the D.A. Davidson 22nd Annual Diversified Industrials & Services Conference in Nashville, Tennessee on September 21, 2023.

Affirms commitment to Environmental, Social, and Governance principles

NOVI, Mich., Sept. 12, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (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, Chief Financial Officer, will participate in the 2023 RBC Capital Markets Global Industrials Conference in Las Vegas, NV, on September 13, 2023. The Company will be hosting a breakout session and one-on-one meetings with institutional investors throughout the day.

NOVI, Mich., Aug. 02, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“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 Directors authorized a cash dividend of $0.05 per share of common stock. 

NOVI, Mich., July 27, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“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 reports operating results for the second quarter ending June 30, 2023.

NOVI, Mich., July 18, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“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 vehicle markets, will announce its second quarter 2023 results prior to the market opening on Thursday, July 27, 2023. A conference call and webcast will begin at 8:30 a.m. ET to discuss its financial results with analysts and institutional investors.

NOVI, Mich., July 10, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today named Jacob Farmer as President, Specialty Vehicles, effective July 17, 2023. In his new role, Mr. Farmer will be responsible for all aspects of the business, working with his senior leadership team across seven go-to-market brands to guide the strategic vision of the business unit and oversee its implementation to deliver shareholder value. The Specialty Vehicles business segment includes Royal® Truck Body, DuraMag® and Magnum®, Strobes-R-Us, Spartan® RV Chassis, Red Diamond™ Aftermarket Solutions and Builtmore Contract Manufacturing™.

The Shyft Group, Inc. (NASDAQSHYF) (“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 Directors and Daryl Adams have initiated a succession process whereby Mr. Adams will transition from the role of President and CEO once a successor has been appointed. At that time, he will also resign from the Board of Directors and will remain with the Company in an advisory capacity for six months to help ensure a smooth transition.

NOVI, Mich., May 31, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (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 Daryl Adams, President and Chief Executive Officer, and Jon Douyard, Chief Financial Officer, will attend the 20th Annual Craig-Hallum Institutional Investor Conference in Minneapolis, Minnesota on May 31, 2023. The Shyft Group will be hosting one-on-one meetings with institutional investors throughout the day.

Blue Arc brings a unique edge to the competition: nearly 50 years of experience in custom, commercial-grade chassis and work-truck body design and manufacturing as part of The Shyft Group

Exclusive K3 525 chassis and comprehensive warranty showcased at the Newmar Dealer Meeting in Colorado Springs, CO.

NOVI, Mich., May 02, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“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 Directors authorized a cash dividend of $0.05 per share of common stock. 

As last-mile delivery fleets look to electrify and reduce emissions, Blue Arc nears production with CARB-certified Class 3, 4, and 5 all-electric delivery vehicles

NOVI, Mich., April 27, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“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 reports operating results for the first quarter ending March 31, 2023.

NOVI, Mich., April 13, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“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 vehicle markets, will announce its first quarter 2023 results prior to the market opening on Thursday, April 27, 2023. A conference call and webcast will begin at 10 a.m. ET to discuss its financial results with analysts and institutional investors.

Blue Arc EVs meet emission standards set by the California Air Resources Boardand contribute to cleaner, safer air quality

No injuries to Shyft Group employees

Kermisch brings expertise in commercial go-to-market strategy and execution

Brings four Shyft brands together in fast-growing Nashville area to serve Southeastern U.S. market

NOVI, Mich., March 10, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced that Daryl Adams, President and Chief Executive Officer and Jon Douyard, Chief Financial Officer, will attend the 35th Annual Roth Conference in Dana Point, California on March 13 and 14, 2023. They will be hosting one-on-one meetings with institutional investors and a fireside chat.

The truck combines a Class 5 EV chassis with a lightweight aluminum dump body and spacious cab, designed to power the EV transition for construction, utilities, snow removal, landscaping and more

200-mile combined city / highway range surpasses initial estimates

NOVI, Mich., March 03, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“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 Daryl Adams, President and Chief Executive Officer, and Jon Douyard, Chief Financial Officer, will present at the Raymond James 44th Annual Institutional Investors Conference on Monday, March 6, 2023.

Cross-brand synergies help drive the North American leader in commercial, retail and service/specialty vehicles

NOVI, Mich., Feb. 23, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“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 reported operating results for the fourth quarter and full-year ending December 31, 2022.

$16 million investment to expand its engineering and manufacturing campus in Charlotte, Mich.

NOVI, Mich., Jan. 31, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“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 Directors authorized a cash dividend of $0.05 per share of common stock.

Shyft Innovations head Eric Fisher will participate in a panel about reducing emissions

NOVI, Mich., Jan. 23, 2023 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“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 vehicle markets, will announce its fourth quarter and full-year 2022 results prior to the market opening on Thursday, February 23, 2023. A real-time conference call and webcast will begin at 10 a.m. ET to discuss its financial results with analysts and institutional investors.

Adds technical talent to Shyft’s Blue Arc EV Solutions as it moves towards start of production

NOVI, Mich., Dec. 14, 2022 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today named industry veteran John Dunn as President, Fleet Vehicles and Services (FVS), effective in January 2023. In his new role, Mr. Dunn will be responsible for all aspects of the business, working with his senior leadership team to guide the strategic vision of the business unit and overseeing its implementation.

NOVI, Mich., Nov. 29, 2022 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“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 Daryl Adams, President and Chief Executive Officer, and Jon Douyard, Chief Financial Officer, will present at the Barclays Global Automotive and Mobility Tech Conference on Wednesday, November 30, 2022.

The portable EV charging solution requires no digging or trenching, providing an environmentally friendly solution to charging infrastructure needs as EVs rapidly gain market share

NOVI, Mich., Nov. 14, 2022 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“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 management will attend the Deutsche Bank 2022 Industrials Conference on November 15, 2022 and the 13th Annual Craig-Hallum Alpha Select Conference on November 17, 2022 in New York City.

NOVI, Mich., Nov. 04, 2022 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“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 Daryl Adams, President and Chief Executive Officer, and Jon Douyard, Chief Financial Officer, will present at the 2022 Baird Global Industrial Conference on Tuesday, November 8, 2022, in Chicago.

NOVI, Mich., Nov. 01, 2022 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“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 Directors authorized a cash dividend of $0.05 per share of common stock.

Sales up 5%; Backlog remains strong at $1 billionTightened full-year 2022 EPS outlook

Leading specialty vehicle manufacturer has invested more than $8.5 million in clean technology development for sustainable operations

NOVI, Mich., Oct. 13, 2022 (GLOBE NEWSWIRE) -- The Shyft Group, Inc. (NASDAQSHYF) (“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 vehicle markets, will announce its third quarter 2022 results prior to the market opening on Thursday, October 27, 2022. The Company will also host a conference call and webcast on the same day at 10 a.m. ET to discuss its financial results.

Investors, customers, dealers and government officials sign up to drive theBlue Arc Class 3 Electric Delivery Vehicle