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Miller Industries (MLR) Company Profile

Updated May 3, 2019
Miller Industries has the following business profile:
Company's Full Name:Miller Industries, Inc.
Short Name:Miller Industries
Trading Ticker Symbol:MLR
Primary Exchange:NYSE
Headquarter City/Country:Tennessee, TN
Primary Industry Sector:Capital Goods
Seconday Sub-sector:Construction Agri-equipment and Trucks
Main Business Areas: Capital Goods, Construction Agri-equipment and Trucks, Consumer Cyclical, Auto Parts
Dividend Payments:Dividend History

Market and Trading Information for Miller Industries

The following details were available for trading and market data about the stock of Miller Industries as of writing:
Current Share Price:$33.74
Previous Year's Closing Price:$27
Percentage Price Change (YTD):24.96%
Market Cap:$384.64 million
52-week Price Range:$22.8 - $35.26
Dividend Per Share:$0
EPS (TTM):2.96
Price-Earnings (Trailing):11.4
Price-Earnings (Forward):0

Company Profile and Business Description for Miller Industries

Miller Industries, Inc., incorporated on April 28, 1994, is a manufacturer of towing and recovery equipment. The Company manufactures the bodies of wreckers and car carriers, which are installed on truck chassis manufactured by third parties. It has offices in Ooltewah, Tennessee, domestic manufacturing operations in Tennessee and Pennsylvania, and foreign manufacturing operations in France and the United Kingdom. The Company purchases truck chassis for resale its customers. The Company also manufactures vehicle transport trailers. As of December 31, 2016, the Company's products were sold through independent distributors all 50 states, Canada and Mexico, and other foreign markets including Europe, the Pacific Rim, the Middle East, South America and Africa, and through prime contractors to governmental entities. The Company's products are offered under various brands, including Century, Vulcan, Challenger, Holmes, Champion, Chevron, Eagle, Titan, Jige and Boniface.

The Company's wreckers are used to recover and tow disabled vehicles and other equipment, and range in type from the conventional tow truck to large recovery vehicles with 75-ton lifting capacities. Wreckers are available with various features, including underlifts, L-arms, crossbars and scoops, which lift disabled vehicles by the tires or front axle to minimize front end damage to the towed vehicles. Certain heavy duty wrecker models offer rotating booms, which allow heavy-duty wreckers to recover vehicles from any angle, and remote control devices for operating wreckers. In addition, certain light duty wreckers are equipped with automatic wheellift hookup devices that allow operators to engage a disabled or unattended vehicle without leaving the cab of the wrecker. The Company's wreckers range in capacity from 4 to 75 tons, and are classified as either light duty or heavy duty, with wreckers of 16-ton capacity being classified as heavy duty. Light duty wreckers are used to remove vehicles from accident scenes and vehicles illegally parked, abandoned or disabled, and for general recovery. Heavy duty wreckers are used in towing and recovery applications, including overturned tractor trailers, buses, motor homes and other large vehicles.

The Company's car carriers are flat-bed vehicles with hydraulic tilt mechanisms that enable a towing operator to drive or winch a vehicle onto the bed for transport. Car carriers are used to transport new or disabled vehicles and other equipment over longer distances. In addition to transporting vehicles, car carriers may also be used for other purposes, including transportation of industrial equipment.

The Company's multi-vehicle transport trailers are auto transport trailers with upper and lower decks, and hydraulic ramps for loading vehicles. These trailers are used for moving multiple vehicles for auto auctions, car dealerships, leasing companies and other similar applications. These trailers can transport 6 to 7 vehicles. The vehicles can be secured to transport with ratchet and chain tie-downs that are mounted throughout the frame of the transport.

8503 Hilltop Dr Ste 100

Peer / Competitor Companies of Construction Agri-equipment and Trucks Sector

Along with Miller Industries, Inc., the following other peer (competitor) companies also exist within the same Construction Agri-equipment and Trucks - Capital Goods sector whose company profile and dividend history is as follows:

▶ Astec Industries (ASTE): Astec Industries, Inc., incorporated on August 9, 1972, designs, engineers, manufactures and markets equipment and components used primarily in road building and related construction activities. The Companys segments include Infrastructure ....See Detailed Company Profile  and Dividend History.

▶ Blue Bird (BLBD): Blue Bird Corporation, incorporated on September 24, 2013, is a designer and manufacturer of school buses. The Company operates through two segments: Buses and Aftermarket Parts. The Bus segment includes ....See Detailed Company Profile  and Dividend History.

▶ Caterpillar (CAT): Caterpillar Inc. (Caterpillar), incorporated on March 12, 1986, is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The Company operates ....See Detailed Company Profile  and Dividend History.

▶ CNH Industrial (CNHI): CNH Industrial N.V. is a capital goods company. The Company is engaged in the design, production, marketing, sale and financing of agricultural and construction equipment, trucks, commercial vehicles, buses and ....See Detailed Company Profile  and Dividend History.

▶ Columbus McKinnon (CMCO): Columbus McKinnon Corporation, incorporated on October 23, 1929, is a global designer, manufacturer and marketer of hoists, actuators, cranes, rigging tools, digital power control systems, and other material handling products ....See Detailed Company Profile  and Dividend History.

▶ Daseke Inc (DSKE): Daseke, Inc. provides transportation and logistics solutions with a focus on flatbed and specialized freight in North America. It operates through Flatbed Solutions and Specialized Solutions segments. The compa....See Detailed Company Profile  and Dividend History.

▶ Douglas Dynamics (PLOW): Douglas Dynamics, Inc., incorporated on March 11, 2004, is a manufacturer and up-fitter of commercial vehicle attachments and equipment. The Companys portfolio includes snow and ice management attachments sold under ....See Detailed Company Profile  and Dividend History.

▶ Gencor Industries (GENC): Gencor Industries, Inc., incorporated on September 26, 1969, is a manufacturer of heavy machinery used in the production of highway construction materials, synthetic fuels and environmental control equipment. The Company ....See Detailed Company Profile  and Dividend History.

▶ Hyster-Yale Materials Handling (HY): Hyster-Yale Materials Handling, Inc., incorporated on February 26, 1999, is a lift truck manufacturer. The Company designs, engineers, manufactures, sells and services a line of lift trucks, attachments and aftermarket ....See Detailed Company Profile  and Dividend History.

▶ Manitowoc (MTW): The Manitowoc Company, Inc. (Manitowoc) (MTW), incorporated on July 15, 1920, is a provider of engineered lifting equipment for the global construction industry. The Company operates through the Crane business ....See Detailed Company Profile  and Dividend History.

▶ Supreme Industries (STS): Supreme Industries, Inc. (Supreme), incorporated on April 26, 1989, is a manufacturer of specialized commercial vehicles, including truck bodies and specialty vehicles. The Company operates through two segments: specialized commercial ....See Detailed Company Profile  and Dividend History.

▶ Terex (TEX): Terex Corporation, incorporated on October 30, 1986, is a manufacturer of lifting and material processing products and services that deliver lifecycle solutions. The Company has three business segments: Aerial Work ....See Detailed Company Profile  and Dividend History.

▶ Wabash National (WNC): Wabash National Corporation, incorporated on September 13, 1991, is a diversified industrial manufacturer and producer of semi-trailers and liquid transportation systems. The Company designs, manufactures and markets a range of ....See Detailed Company Profile  and Dividend History.

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