The Shyft (SHYF) Prnewswire·2025-03-03 13:31Core Insights - The Shyft Group, Inc. celebrates its 50th anniversary and showcases innovations at NTEA Work Truck Week 2025, emphasizing its legacy in specialty vehicle manufacturing and commitment to performance, durability, and sustainability [1][3][4] Company Overview - The Shyft Group is a leader in specialty vehicle manufacturing, assembly, and upfit for commercial, retail, and service markets, with a diverse portfolio of trusted brands [5][10] - The company reported sales of $786 million in 2024 and employs approximately 2,900 individuals across various facilities in North America and Mexico [10] Recent Developments - A merger agreement with Aebi Schmidt has been announced, aimed at enhancing product offerings and operational efficiencies, ultimately providing tailored solutions for customers [3] - The company is focused on expanding capabilities to better serve customers and drive growth [3] Innovations and Product Offerings - The Shyft Group's booth at NTEA Work Truck Week will feature advancements in electrification, fleet technology, and upfit solutions, including the Blue Arc Class 4 EV with a range of over 200 miles [2][9] - Featured vehicles include the Utilimaster Trademaster, Marketplace Dry Freight, Aeromaster Walk-In-Van, and various lightweight and durable solutions designed for different industries [6][7] Event Highlights - A press conference is scheduled for March 5, where leadership will discuss the company's advancements and vision for fleet mobility [8] - Attendees can participate in Ride & Drive sessions to experience the Blue Arc Class 4 EV firsthand [9]