The Shyft Group Completes Acquisition of XL Fleet
Adds technical talent to Shyft's Blue Arc EV Solutions as it moves towards start of production Includes Wixom, Mich., facility and a Department of Defense (DOD) pilot development agreement NOVI, Mich., Jan. 04, 2023 (GLOBE NEWSWIRE) -- 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, today announced it has successfully completed the acquisition of XL Fleet as planned and initially announced by Spruce Power last month. The acquisition includes the option to extend employment opportunities to XL Fleet technical talent, assume a short-term leased facili
