The Shyft Group, Inc. (NASDAQ: SHYF) (the “Company”), the North American leader in specialty vehicle manufacturing and assembly for the commercial and fleet vehicle industries (including last-mile delivery, specialty service, and vocation-specific upfit markets) as well as for the recreational vehicle markets, announced the opening of a dedicated research and development center, located at 47632 Halyard Drive, Plymouth, Michigan.
“Opening a dedicated R&D facility reflects our commitment to constant innovation,” said Daryl Adams, President of The Shyft Group. “Our strategic EV chassis development initiative, announced in June, is just the first in a number of future developments from Shyft Innovations that will drive advancements in both mobility and alternative propulsion.”
The 40,000-square-foot R&D facility will be home to Shyft Innovations™, The Shyft Group’s dedicated mobility research and development team, which includes the EV Chassis Engineering group. The building will be used for product development, prototyping, and design, with a focus on a range of future products and leading technologies. An all-electric chassis platform is currently under development. Early prototypes will be assembled at the facility to support the EV chassis‘ soft launch towards the end of 2022.
“The growth we’re experiencing across the Shyft portfolio speaks to our strong end markets and our products’ ability to uniquely meet the needs of our customers. This new facility, our growing team of innovative leaders and professionals, and our commitment to research and development will position us to meet the needs of our customers for years to come,” added Eric Fisher, Vice President and General Manager, Shyft Innovations.
The facility will officially open on September 20, 2021. Interested applicants may apply for Shyft Innovations Plymouth, Mich. based positions by visiting theshyftgroup.com/careers.
For more information on The Shyft Group, visit www.TheShyftGroup.com.
The Shyft Group
The Shyft Group is the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets. Our customers include first-to-last mile delivery companies across vocations, federal, state, and local government entities; the trades; and utility and infrastructure segments. The Shyft Group is organized into two core business units: Shyft Fleet Vehicles & Services™ and Shyft Specialty Vehicles™. Today, its family of brands includes Utilimaster®, Royal Truck Body™, DuraMag® and Magnum®, Strobes-R-Us™, Spartan RV Chassis™, Builtmore Contract Manufacturing™, and corresponding aftermarket provisions. The Shyft Group and its go-to-market brands are well known in their respective industries for quality, durability, and first-to-market innovation. The Company employs approximately 2,900 associates across campuses and operates facilities in Michigan, Indiana, Maine, Pennsylvania, South Carolina, Florida, Missouri, California, Arizona, Texas, and Saltillo, Mexico. The Company reported sales from continuing operations of $676 million in 2020. Learn more about The Shyft Group at www.TheShyftGroup.com.