When was Shyft Group founded?

Shyft Group was founded in 1975.

Where is Shyft Group located?

Shyft Group is headquartered in Novi, United States. It is registered at Charlotte, Michigan.

How many employees does Shyft Group have?

As of Aug 31, 2026, the latest employee count at Shyft Group is 330.

What is the annual revenue of Shyft Group?

Annual revenue of Shyft Group is between $500M and $1B as on Dec 31, 2024

Where does Shyft Group rank among its competitors?

Shyft Group ranks 20th amongst 683 active competitors, of which 6 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Asahi India Glass, which secured $134K in Sep, 2025.

Who are the top competitors of Shyft Group?

Shyft Group's top competitors include Marcopolo, Asahi India Glass and Omax Autos. Among them, Asahi India Glass secured the most recent funding round in September, 2025.

Shyft Group - 2026 Company Profile, Competitors & Financials

Company Details

Website: theshyftgroup.com
Registered Address: Charlotte, Michigan

Key Metrics

Founded Year

1975

Location

Novi, United States

Stage

Public

Ranked

20^th among 683 active competitors

Annual Revenue

$500M - $1B as on Dec 31, 2024

Employee Count

330 as on Aug 31, 2026

Investment & Acquisitions

Independent Truck Upfitters & 2 more

Similar Companies

CEBBCO & 124 more

Exit Details

Public

View Shyft Group's full profile

Shyft Group is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Shyft Group, Inc. CIN: 743238 , United States, Active		$500M - $1B (As on Dec 31, 2024)	-	-
THE SHYFT GROUP, INC. CIN: 382078923 , United States, Active	Dec 31, 1999	-	2523 (As on Dec 31, 2024)	-

Shyft Group got listed on Jul 01, 2020.

Click here to take a look at Shyft Group's IPO in detail

Shyft Group has not raised any funding rounds yet.

Shyft Group's employee count trend

Shyft Group has 330 employees as of Aug 26. Here is Shyft Group's employee count trend over the years:

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Top competitors of Shyft Group include Marcopolo, Asahi India Glass and Omax Autos. Here is the list of Top 10 competitors of Shyft Group, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Marcopolo 1949, Caxias do Sul (Brazil), Unfunded	Manufacturer and supplier of bus body components to OEMs and aftermarket	-	-	61/100
2nd	Asahi India Glass 1984, Gurugram (India), Public	Manufacturer of glass and windows solutions for automotive and the building & construction segments	-	-	53/100
3rd	Omax Autos 1983, Gurugram (India), Public	Manufactures sheet metal components, tubular components and machined components	-	-	52/100
4th	LINE-X 1994, Huntsville (United States), Funding Raised	Manufacturer of durable protective coatings and spray-on bedliners to protect vehicles	-	Olympus Partners, Graham Partners	51/100
5th	Dura-Shiloh 1914, Auburn Hills (United States), Acquired	Manufacturer of lightweight structural systems for the automotive industry	-	-	48/100
6th	CEBBCO 1979, Jabalpur (India), Acquired	Online platform for manufacturing bodies for transport vehicles and railway coaches	$15.8M	Tata Capital Growth Fund, Nylim-jb Asset Management ... & 1 others	47/100
7th	Pilkington 1826, St Helens (United Kingdom), Acquired	Manufacturer and supplier of glass for automotive & construction industries	-	Capital Group, MidEuropa & 1 others	47/100
8th	Ranch Hand 1898, Shiner (United States), Acquired	Ranch Hand: handcrafted truck and Jeep accessories for ultimate vehicle protection	-	-	46/100
9th	Fuyao Group 1987, Fuzhou (China), Public	Manufacturer and supplier of automobile safety glass and industrial technical glass to OEMs	-	Strait Huifu Industrial Investment Fund Management	45/100
10th	Chereau 1998, Ducey les Cheris (France), Acquired	Manufacturer of truck bodies	-	Sodero Gestion, Idinvest Partners & 3 others	44/100
20th	Shyft Group 1975, Novi (United States), Public	Manufacturer of truck bodies	-	-	40/100

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Shyft Group has acquired 3 companies including Independent Truck Upfitters, XL Fleet Electrification and F3 MFG. Shyft Group has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jul 25, 2024	Acquisition	Independent Truck Upfitters	2008	Kansas City (United States)
Jan 04, 2023	Acquisition	XL Fleet Electrification	2009	Boston (United States)
Oct 01, 2020	Acquisition	F3 MFG	2010	Waterville (United States)