Latest Expansion in Charlotte Reinforces Lansing Region's Growing EV Manufacturing and Supply Chain Prowess
CHARLOTTE, Mich. (Feb 7, 2023) — Today, the Shyft Group (NASDAQ: SHYF) announced plans to continue investing in and expanding the company's facilities in Charlotte, Mich. Shyft will invest approximately $16 million for expansion and improvements in facilities and new equipment related to the production of electric vehicles (EV). The latest expansion plans will enable the production of commercial electric vehicles for its Blue Arc™ EV Solutions brand, launched last year.