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Stock impact report

Model 1 Enters a National Distribution Agreement with The Shyft Group; Expanding its Commercial Product Offerings and Upfit Capabilities [Yahoo! Finance]

The Shyft Group, Inc. (SHYF) 
Company Research Source: Yahoo! Finance
national distribution agreement with The Shyft Group , who through its family of brands, engineers, assembles, services and upfits vehicles in various segments, including government services, delivery and service markets, and recreational vehicles. For Model 1, the agreement adds an expansive commercial product offering, which supports vehicle upfitting and second-stage manufacturing, and gives The Shyft Group access points into new markets and a national distribution and upfit footprint. Model 1 will carry Shyft Group brands – DuraMag Royal Truck Body and Magnum – and offer local upfit services nationwide. This agreement brings a larger in-stock product offering to Model 1 customers, expands The Shyft Group's footprint nationally, and creates a one-stop-shop option for fleets, municipalities, and work truck end users in services, such as plumbing, heating, HVAC, landscaping, oil and gas, and general contracting. "While selling this vehicle category is not new for Model 1, the col Show less Read more
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