About Shyft Group
Shyft Group is a company based in Novi (United States) founded in 1975. Shyft Group has completed 3 acquisitions, including F3 MFG, Independent Truck Upfitters and XL Fleet Electrification. Shyft Group offers products and services including Utilimaster Vehicles, Royal Truck Body, Blue Arc EV Solutions, DuraMag Truck Bodies, and Spartan RV Chassis. Shyft Group operates in a competitive market with competitors including CEBBCO, Marcopolo, Pilkington, LINE-X and Asahi India Glass Ltd, among others.
- Headquarter Novi, United States
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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- Legal Name The Shyft Group, Inc.
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Annual Revenue
$48.43 M (USD)26221as on Dec 31, 2024
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Net Profit
-$2.8 M (USD)-143as on Dec 31, 2024
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EBITDA
$4.11 M (USD)-39as on Dec 31, 2024
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Latest Funding Round
Not available
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Investors
Not available
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Employee Count
Not available
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Investments & Acquisitions
F3 MFG
& 2 more
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Products & Services of Shyft Group
Shyft Group offers a comprehensive portfolio of products and services, including Utilimaster Vehicles, Royal Truck Body, Blue Arc EV Solutions, DuraMag Truck Bodies, and Spartan RV Chassis.
Custom upfits for delivery and specialty services
Durable truck bodies for vocational use
Sustainable electric vehicle designs for commercial needs
Aluminum bodies for contractors and maintenance
Chassis for luxury motorhome manufacturing
People of Shyft Group
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Funding Insights of Shyft Group
Detailed funding history for Shyft Group
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Investments & Acquisitions by Shyft Group
Shyft Group has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include F3 MFG, Independent Truck Upfitters and XL Fleet Electrification.
Investment portfolio details for Shyft Group
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Automotive truck bodies are manufactured in Waterville, United States.
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Locked | Locked | 2010 | Locked | |
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Cloud-enabled fleet electrification systems are provided for commercial vehicles.
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Locked | Locked | 2009 | Locked | |
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Commercial vehicles are upfitted and customized for various industries.
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Locked | Locked | 2008 | Locked |
Complete acquisition details for Shyft Group
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Financial Statements - Shyft Group
Detailed financials for Shyft Group
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Shyft Group Comparisons
Peer comparison for Shyft Group
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Competitors of Shyft Group
Shyft Group operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as CEBBCO, Marcopolo, Pilkington, LINE-X and Asahi India Glass Ltd, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online platform for manufacturing bodies for transport vehicles and railway coaches
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Manufactures and supplies bus body components to OEMs and aftermarket.
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Glass is manufactured and supplied for automotive and construction sectors.
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Durable protective coatings and bedliners are manufactured for vehicle protection.
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Various glass types are manufactured for automotive and architectural uses.
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Body and frame parts for vehicles are manufactured and supplied.
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Detailed competitors of Shyft Group
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Latest news on Shyft Group
Complete news archive for Shyft Group
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Frequently Asked Questions about Shyft Group
Shyft Group was founded in 1975.
Shyft Group is headquartered in Novi, United States. It is registered at Novi, Michigan, United States.
Annual revenue of Shyft Group is $48.43M as on Dec 31, 2024.
Shyft Group was established in 1975 and is based in Novi, United States. Operations center on the production of truck bodies and related components within the automotive manufacturing sector. Custom solutions are provided for fleet operators, including upfitting services for delivery and service vehicles. Focus is maintained on North American markets, with assembly processes conducted in multiple facilities across the region.
Shyft Group's top competitors include Asahi India Glass Ltd, TATA International DLT and CEBBCO.
Shyft Group offers Utilimaster Vehicles, Royal Truck Body, Blue Arc EV Solutions, DuraMag Truck Bodies, and Spartan RV Chassis.
Shyft Group has made 3 acquisitions, including F3 MFG, Independent Truck Upfitters, and XL Fleet Electrification.