Production Begins in Charlotte, Michigan, Demonstrates Builtmore's
Agility in Adapting to the Evolving EV Market
CHARLOTTE, Mich., Sept. 3,
2024 /PRNewswire/ -- Builtmore Contract
Manufacturing™, a go-to-market brand of The Shyft Group, Inc.
(NASDAQ: SHYF), the North American leader in specialty vehicle
manufacturing, assembly and upfit for the commercial, retail and
service specialty vehicle markets, has commenced production of the
Isuzu NRR-EV at its facility in Charlotte, Michigan. This achievement stems
from a long-standing relationship between Builtmore and Isuzu North
America Corporation, bringing an innovative electric vehicle option
to the commercial market.
"The start of production for the Isuzu NRR-EV highlights
the strong collaboration between Builtmore and Isuzu and our shared
commitment to the future of commercial vehicles," said Jacob Farmer, Shyft Group President, Fleet
Vehicles and Services and Specialty Vehicles. We are proud to
support Isuzu in bringing this innovative electric vehicle to
market and advancing sustainable transportation."
The all-new Isuzu NRR-EV combines advanced electric
powertrain technology with a versatile design to meet the evolving
needs of commercial fleets. It features multiple battery
configurations and regenerative braking for optimal performance,
along with state-of-the-art driver assistance systems and
fast-charging capabilities for enhanced safety and convenience. The
vehicle's durable, high-tensile-strength frame and improved
aerodynamics ensure both efficiency and longevity.
This production launch underscores Builtmore's commitment to
manufacturing excellence and its ability to meet the evolving
demands of the electric vehicle market. Builtmore has also
implemented extensive employee training to ensure a safe and
efficient manufacturing environment, reinforcing its dedication to
quality and safety.
The Isuzu NRR-EV is now available for ordering, with first
deliveries expected in September
2024.
About 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 and Services™ and Shyft Specialty Vehicles™. Today, its
family of brands include Utilimaster®, Blue Arc™ EV
Solutions, Royal® Truck Body, DuraMag® and
Magnum®, Strobes-R-Us, Spartan® RV Chassis,
Red Diamond™ Aftermarket Solutions, Builtmore Contract
Manufacturing™, and Independent Truck Upfitters. 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 3,000 employees and contractors
across campuses, and operates facilities in Arizona, California, Florida, Indiana, Iowa, Maine,
Michigan, Missouri, Pennsylvania, Tennessee, Texas, and Saltillo,
Mexico. The Company reported sales of $872 million in 2023. Learn more at
TheShyftGroup.com.
CONTACTS
Media:
Sydney Machesky
Director of Corporate Communications
The Shyft Group
Sydney.Machesky@theshyftgroup.com
586.413.4112
Investors:
Randy Wilson
VP, Investor Relations and Group Treasurer
The Shyft Group
Randy.Wilson@theshyftgroup.com
248.727.3755
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SOURCE The Shyft Group, Inc.