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Subsidy Tracker Parent Company Summary
Parent Company Name: Shyft Group
Ownership Structure: publicly traded (ticker symbol SHYF)
Headquartered in: Michigan
Major Industry: motor vehicles
Specific Industry: motor vehicles
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $3,776,581 | 20 |
Federal (grants and allocated tax credits) | $0 | 0 |
TOTAL | $3,776,581 | 20 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $0 | 0 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $0 | 0 |
TOTAL | $0 | 0 |
Time Period for State and Local Awards: Earliest year of data: 1994. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2016.
Time Period for Federal Awards: FY2000 to the present
Notes: The penalty dollar total above is adjusted to account for the fact that the list of entries below may include both agency records and settlement announcements for the same case. Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
Maine | $1,184,713 | 7 |
Michigan | $962,800 | 3 |
Indiana | $600,000 | 2 |
California | $570,998 | 1 |
Pennsylvania | $352,070 | 3 |
All other | $106,000 | 4 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
Company | Location | Subsidy Source | Year | Subsidy Value . | Loan/Bailout Value | Type of Subsidy |
Spartan Motors USA, Inc. | California | state | 2020 | $570,998 | | tax credit/rebate |
Spartan Motors USA, Inc. | Indiana | state | 2016 | $550,000 | | tax credit/rebate |
Spartan Motors, Inc. | Michigan | local | 2016 | $545,779 | | tax increment financing |
Spartan Motors, Inc. | Michigan | state | 2016 | $398,021 | | tax increment financing |
Spartan Motors, USA Inc. | Pennsylvania | state | 2018 | $300,000 | | grant |
The Shyft Group | Maine | state | 2021 | $255,298 | | tax credit/rebate |
The Shyft Group, Duramag LLC | Maine | state | 2020 | $198,175 | | tax credit/rebate |
The Shyft Group, Duramag LLC | Maine | state | 2020 | $198,175 | | enterprise zone |
The Shyft Group | Maine | state | 2021 | $187,212 | | enterprise zone |
The Shyft Group, Duramag LLC | Maine | state | 2019 | $184,779 | | tax credit/rebate |
The Shyft Group, Duramag LLC | Maine | state | 2018 | $109,430 | | tax credit/rebate |
Spartan Motors USA, Inc. | South Carolina | state | 2019 | $100,000 | | grant |
The Shyft Group, Duramag LLC | Maine | state | 2017 | $51,644 | | tax credit/rebate |
Spartan Motors USA, Inc. | Indiana | state | 2016 | $50,000 | | training reimbursement |
Crimson Fire, Inc. | Pennsylvania | state | | $45,000 | | training reimbursement |
Spartan Motors, Inc. | Michigan | state | 2009 | $19,000 | | training reimbursement |
Spartan Motors USA, Inc. | Pennsylvania | state | 2017 | $7,070 | | tax credit/rebate |
Spartan Motors USA | South Dakota | state | 2016 | $2,000 | | grant |
Spartan Motors USA | South Dakota | state | 2016 | $2,000 | | grant |
Spartan Motors USA | South Dakota | state | 2016 | $2,000 | | grant |
SPARTAN MOTORS, INC. | Michigan | local | 1994 | undisclosed | | property tax abatement |
SPARTAN MOTORS CHASSIS,INC. | Michigan | local | 2011 | undisclosed | | property tax abatement |
SPARTAN MOTORS CHASSIS,INC. | Michigan | local | 2011 | undisclosed | | property tax abatement |