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Livingstone Strikes Deal for Missile Defense & Rocket Specialist

Livingstone Strikes Deal for Missile Defense & Rocket Specialist Advises Beranek on sale to J&E Precision Tool, an LFM Capital portfolio company News provided by Share this article Share this article CHICAGO, May 6, 2021 /PRNewswire/  Livingstone is pleased to announce the sale of Beranek, LLC ( Beranek or the Company ), a precision manufacturer of technical components for the aerospace & defense, and space exploration markets, to J&E Precision Tool ( J&E ), a portfolio company of LFM Capital ( LFM ).  Livingstone was the exclusive financial advisor to Beranek. Terms were not disclosed. Founded in 1978 and based in Torrance, California, Beranek is a second-generation family business serving blue-chip defense prime contractors and global aerospace customers that require high cost-of-failure parts for complex systems, manufactured to exacting specifications. The Company s components are utilized in military aerospace, space rocket engines & firing systems, and commercial air

The Shyft Group Posts Strong First Quarter Results

The Shyft Group Posts Strong First Quarter Results Reports EPS of $0.32 and Adjusted EPS of $0.36 on Sales of $198 Million Backlog Nearly Doubles from Year Ago to a Record $667 Million News provided by Share this article Share this article NOVI, Mich., May 6, 2021 /PRNewswire/  The Shyft Group, Inc. (NASDAQ: SHYF) (the Company ), the North American leader in specialty vehicle manufacturing and assembly for the commercial and fleet vehicle industries (including last mile delivery, specialty service and vocation-specific upfit markets), as well as for the recreational vehicle markets, today reported operating results for the first quarter ending March 31, 2021.  As previously announced, the Company divested its Emergency Response (ER) business effective February 1, 2020.   Accordingly, the financial results of ER have been classified as discontinued operations for all periods presented. Unless otherwise noted, financial results presented are based on continuing operations

The Shyft Group Recognizes Employees With Additional $500 Cash Bonus Following Robust Year

The Shyft Group Recognizes Employees With Additional $500 Cash Bonus Following Robust Year The company is awarding associates across all US-based campus locations and brands with bonuses News provided by Share this article Share this article NOVI, Mich., March 16, 2021 /PRNewswire/  The Shyft Group (NASDAQ: SHYF) ( Shyft or the Company ), 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, recently announced it is awarding employees with a special $500 bonus. The bonuses are being awarded to Shyft employees in recognition of their sustained commitment to customers and their crucial role in the company s strategic evolution throughout an unprecedented year. The $500-bonus amount is being paid to both full- and part-time associates who were employed with the company in 2020 in a U.S. campus location.

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