The Shyft Group's Utilimaster Supports FedEx Express Through Continued Commitment to St. Jude Children's Research Hospital With $46,000 Sponsorship

Rhea-AI Summary

Utilimaster, a brand under The Shyft Group (NASDAQ: SHYF), continues its commitment to the community by sponsoring the World Golf Championship-FedEx St. Jude Invitational with a contribution of $46,000. This marks their fifth annual sponsorship aimed at supporting St. Jude Children's Research Hospital, which has received over $50 million since the event's inception in 1970. The tournament will take place from August 5-8, 2021, in Memphis, Tennessee, showcasing FedEx delivery vehicles that embody innovation in last-mile delivery.

Positive

• Sponsorship of the event demonstrates commitment to community support.
• A contribution of $46,000 enhances brand visibility and corporate image.
• The event has historically raised over $50 million for St. Jude Children's Research Hospital.

Negative

• None.

NOVI, Mich., Aug. 4, 2021 /PRNewswire/ -- Utilimaster®, a go-to-market brand of The Shyft Group's Fleet Vehicles & Services business unit (NASDAQ: SHYF), North America's leader in specialty vehicle manufacturing, assembly, and upfit for ecommerce-driven parcel delivery, as well as the broader commercial, retail, and service specialty vehicle markets, is continuing its commitment to the World Golf Championship-FedEx St. Jude Invitational, which raises funds to be donated to the St. Jude Children's Research Hospital. This year, Utilimaster contributed $46,000, marking the brand's fifth annual sponsorship of the St. Jude Invitational, which will be held August 5-8, 2021, at TPC Southwind in Memphis, Tennessee.

"At Utilimaster, we are committed to supporting our clients in their efforts to improve their local communities," said Chad Heminover, President, Fleet Vehicles & Services, The Shyft Group. "We are proud to continue our sponsorship of the World Golf Championship-FedEx St. Jude Invitational. The funds from this event will help advance the important mission of St. Jude Children's Research Hospital, ensuring no family needs to pay for treatment."

This sponsorship is one of the many philanthropic events The Shyft Group supports in the communities where its employees and customers live and work. At this year's event, Shyft's Utilimaster brand will feature two FedEx delivery vehicles on the golf course—a Velocity® M3 and a Velocity F2, both of which have revolutionized last mile package delivery.

Since St. Jude Children's Research Hospital became the sole beneficiary of the event in 1970, more than $50 million has been donated to the hospital through sponsorships like this one. The funds are used to support patients and their families through treatments needed to help defeat cancer and other life-threatening diseases in children, and the research needed to prevent them.  

For more information about The Shyft Group, please visit: https://theshyftgroup.com/.

About The Shyft Group
The Shyft Group is the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets. Our customers include first-to-last mile delivery companies across vocations, federal, state, and local government entities; the trades; and utility and infrastructure segments. The Shyft Group is organized into two core business units: Shyft Fleet Vehicles & Services™ and Shyft Specialty Vehicles™. Today, its family of brands include Utilimaster®, Royal Truck Body™, DuraMag® and Magnum®, Strobes-R-Us™, Spartan RV Chassis™, Builtmore Contract Manufacturing™, and corresponding aftermarket provisions. The Shyft Group and its go-to-market brands are well known in their respective industries for quality, durability, and first-to-market innovation. The Company employs approximately 2,900 associates across campuses, and operates facilities in Michigan, Indiana, Maine, Pennsylvania, South Carolina, Florida, Missouri, California, Arizona, Texas, and Saltillo, Mexico. The Company reported sales from continuing operations of $676 million in 2020. Learn more about The Shyft Group at www.TheShyftGroup.com.

CONTACT: 
Media:
Samara Hamilton 
Vice President, Marketing and Communications   
The Shyft Group  
Samara.Hamilton@theshyftgroup.com 
(517) 997-3860

Sawyer Lipari
Senior Director
Lambert & Co. 
slipari@lambert.com 
313.309.9551

Investors:
Juris Pagrabs
Group Treasurer, Director of Investor Relations
The Shyft Group
Juris.Pagrabs@theshyftgroup.com 
(517) 997-3862

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SOURCE Utilimaster

FAQ

What is the amount Utilimaster contributed to the St. Jude Invitational in 2021?

Utilimaster contributed $46,000 to the St. Jude Invitational in 2021.

When is the World Golf Championship-FedEx St. Jude Invitational taking place in 2021?

The tournament is scheduled for August 5-8, 2021.

What has been the total amount raised for St. Jude Children's Research Hospital through the event?

Over $50 million has been raised for St. Jude Children's Research Hospital since 1970.

What role does Utilimaster play in the World Golf Championship-FedEx St. Jude Invitational?

Utilimaster sponsors the event and showcases FedEx delivery vehicles during the tournament.