The Shyft Group
Mr. Daryl M. Adams (Pres, CEO & Director)
Mr. Jonathan C. Douyard (Chief Financial Officer)
Mr. Todd A. Heavin (Chief Operating Officer)
Summary
History
In 1974, Lansing-based Diamond Reo Trucks filed for bankruptcy. The Form-Rite Corporation of Charlotte, Michigan was owed a significant sum by Diamond Reo, which had been Form-Rite's largest client; Form-Rite had supplied fiberglass parts to Reo. During the bankruptcy hearings, Form-Rite president Charles R. McManamey learned of a significant contract that Reo had just won for custom fire truck chassis. From connections made through the hearing, McManamey was able to draw together the additional talent and knowledge required to build such trucks, and founded Spartan Motors, Inc. as a wholly owned subsidiary of Form-Rite.
During the establishment of Spartan Motors, manufacturing was set up in Form-Rite's 12,000 sq ft warehouse at 426 Sumpter Rd. in Charlotte. Charles McManamey was named Spartan Motors' chairman of the board. Former Reo vice president of engineering and marketing George W. Sztykiel became Spartan's president. Ron Partee, former Reo manager of original equipment manufacturing, stepped in as the vice president of sales. Spartan's vice president of engineering was former Reo director of engineering John Knox. Kenneth C. McManamey, former Form-Rite production engineer and supervisor, served as Spartan's manager of operations.Sztykiel, Partee, Knox, and Ken McManamey all donated their time to build the first chassis on speculation. By January 1, 1976, the chassis was completed. Within weeks it had been sold to FMC in Tipton, Indiana:?30? and Spartan had 16 custom fire truck cab & chassis orders as well as an order for a one-of-a-kind 140,000 pound GVW coal carrier.In March 1976, Spartan Motors employed 12 former Reo employees, including Reo's ex–quality control manager Theodore C. Huff, former staff engineer-chassis at Reo Lawrence E. Karkau, and Gerald L. Geary, who had been assistant manager of truck design at Reo. Spartan was spun-off with its own officers and directors that April.:?30? Charles McManamey's sons James and Donald also worked for Spartan Motors, as well as several other part-time workers. The company quickly outgrew the Form-Rite warehouse, and within a few years construction was started for a new facility on Reynolds Road in Charlotte. The McManameys sold their stock in the company and in 1984 Spartan went public, trading on NASDAQ under the symbol “SPAR”.
In June 2020, Spartan Motors, Inc. announced its corporate name change to The Shyft Group, Inc. following the divestiture of its Emergency Response business unit. It began trading on NASDAQ under the symbol "SHYF".In October 2020, Shyft Group acquired the aluminum truck-body manufacturer F3 MFG Inc. based in Waterville, Maine, with its brands DuraMag and Magnum.
Mission
Vision
Key Team
Mr. Stephen K. Guillaume (Pres of Specialty Vehicles)
Mr. Andrew Anderson (Chief Information Officer)
Mr. Juris Pagrabs (Director of Investor Relations & Group Treasurer)
Mr. Joshua Alan Sherbin (Corp. Sec., Chief Legal Officer & Chief Compliance Officer)
Ms. Samara Hamilton (VP of Marketing & Communications)
Ms. Carrie Wright (Chief Marketing & Communications Officer)
Mr. Colin E. Hindman (Chief HR Officer)
Recognition and Awards
References
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Mr. Daryl M. Adams (Pres, CEO & Director)
Mr. Jonathan C. Douyard (Chief Financial Officer)
Mr. Todd A. Heavin (Chief Operating Officer)