“For 45 years, the company has gone to market as Spartan. This new chapter has been well contemplated, aligned with our long-term growth strategy, and it is one we are incredibly proud of,” said Daryl Adams, president and CEO.
“The Shyft Group represents the pivot in market-focus and the corresponding forward momentum we have garnered in the work truck, specialty service, and delivery vehicle markets.”
The company said the new name represents speed, efficiency, agility and a high-intensity approach.
It will begin trading under the NASDAQ ticker symbol “SHYF” on Monday.
The Shyft Group employs 2,900 associates, and operates facilities across the U.S. and in Saltillo, Mexico.
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