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Myers Industries (MYE) Company Profile

Updated May 3, 2019
Myers Industries has the following business profile:
Company's Full Name:Myers Industries, Inc.
Short Name:Myers Industries
Trading Ticker Symbol:MYE
Primary Exchange:NYSE
Headquarter City/Country:Ohio, OH
Primary Industry Sector:Consumer Non-Durables
Seconday Sub-sector:Plastic Products
Main Business Areas: Consumer Non-Durables, Plastic Products, Consumer Cyclical, Rubber & Plastics
Dividend Payments:Dividend History

Market and Trading Information for Myers Industries

The following details were available for trading and market data about the stock of Myers Industries as of writing:
Current Share Price:$17.95
Previous Year's Closing Price:$15.11
Percentage Price Change (YTD):18.8%
Market Cap:$635.22 million
52-week Price Range:$14.24 - $25.7
Dividend Per Share:$0
EPS (TTM):0.1
Price-Earnings (Trailing):0
Price-Earnings (Forward):19.73

Company Profile and Business Description for Myers Industries

Myers Industries, Inc., incorporated on January 3, 1955, is an international manufacturing and distribution company. The Company operates through two segments: Material Handling and Distribution. As of December 31, 2016, the Company operated 15 manufacturing facilities, 20 sales offices, four distribution centers and three distribution branches located throughout North, Central and South America. As of December 31, 2016, the Company had approximately 15,000 manufactured products and over 13,500 distributed products.

Material Handling

The Material Handling segment designs, manufactures and markets a range of plastic and metal products. The segment's products range from plastic reusable material handling containers and small parts storage bins to plastic recreational vehicle (RV) tanks and parts, marine tanks and parts, portable plastic fuel tanks and water containers, portable marine fuel containers, ammunition containers, storage totes, bulk shipping containers, beverage crates and metal carts and cabinets. The Material Handling Segment conducts operations in the United States, but also operates in Brazil and Canada. The Material Handling Segment serves markets, such as industrial manufacturing, food processing, retail/wholesale products distribution, agriculture, automotive, RVs, marine vehicles, healthcare, appliance, bakery, electronics, textiles, consumer and others. Products are sold both directly to end users and through distributors.

The Material Handling segment's products are sold under the brands, including Buckhorn, Akro-Mils, Jamco Products, Ameri-Kart, Scepter, Myers do Brasil and Novel. Buckhorn's product lines include hand-held containers used for inventory control, order management and transportation of retail goods; collapsible and fixed-wall bulk transport containers for light and heavy-duty tasks; intermediate bulk containers for the storage and transport of food, liquid, powder and granular products; plastic pallets, and specialty boxes designed for storage of items, such as seed.

The Company's Akro-Mils products range from AkroBins, the small parts bins to Super-Size AkroBins, metal panel and bin hanging systems, metal storage cabinet and bin systems, wire shelving systems, plastic and metal transport carts, and a range of custom storage and transport products. The Company's brand Jamco Products offer a range of welded steel service carts, platform trucks, mobile work centers, racks and cabinets for plastic bins, safety flammable cabinets and medical cylinder carts. Ameri-Kart is a manufacturer and thermoformer of rotational-molded water, fuel and waste handling tanks, plastic trim and interior parts used in the production of seat components, consoles, and other applications throughout the RV, marine and industrial markets. Scepter is a producer of portable plastic fuel containers, portable marine fuel tanks and water containers, ammunition containers and storage totes. Myers do Brazil and Novel are designers and manufacturers of reusable plastic shipping containers, plastic pallets, crates and totes used for closed-loop shipping and storage in Brazil's automotive, distribution, food, beverage and agriculture industries.

Distribution

The Distribution Segment is engaged in the distribution of tools, equipment and supplies used for tire, wheel and under vehicle service on passenger, heavy truck and off-road vehicles, and the manufacturing of tire repair materials and custom rubber products. The product line includes categories, such as tire valves and accessories, lifts and alignment equipment, service equipment and tools, and tire repair/retread supplies. As of December 31, 2016, the Company's Distribution Segment operated domestically through sales offices, and four regional distribution centers in the United States and in foreign countries through export sales. In addition, the Distribution Segment operates in certain foreign markets, principally Central America, through foreign branch operations. The Distribution Segment serves markets, including retail and truck tire dealers, commercial auto and truck fleets, auto dealers, general service and repair centers, tire retreaders and government agencies.

The Company's Distribution Segment includes the Myers Tire Supply and Myers Tire Supply International, and Patch Rubber Company brands. Myers Tire Supply is a distributor and source for tire, wheel and undervehicle service tools, equipment and supplies. Patch Rubber Company manufactures a range of tire repair and retreading products in the United States.

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Peer / Competitor Companies of Plastic Products Sector

Along with Myers Industries, Inc., the following other peer (competitor) companies also exist within the same Plastic Products - Consumer Non-Durables sector whose company profile and dividend history is as follows:

▶ AptarGroup (ATR): AptarGroup, Inc., incorporated on September 3, 1992, is a provider of a range of packaging, dispensing and sealing solutions, primarily for the beauty, personal care, home care, prescription drug, consumer ....See Detailed Company Profile  and Dividend History.

▶ Armstrong Flooring (AFI): Armstrong Flooring, Inc., incorporated on June 1, 2015, is a producer of flooring products for use primarily in the construction and renovation of residential, commercial and institutional buildings. The Company ....See Detailed Company Profile  and Dividend History.

▶ Armstrong World Industries (AWI): Armstrong World Industries, Inc. (AWI), incorporated on December 30, 1891, is a global producer of ceiling systems. The Company owns and operates the Building Products (Ceilings) segment. The Company designs, ....See Detailed Company Profile  and Dividend History.

▶ BPC Acquisition (BERY): Berry Global Group, Inc., formerly Berry Plastics Group, Inc., incorporated on November 18, 2005, is a provider of value-added plastic consumer packaging, non-woven specialty materials and engineered materials. The Company ....See Detailed Company Profile  and Dividend History.

▶ Core Molding (CMT): Core Molding Technologies, Inc. (Core Molding Technologies), incorporated on October 8, 1996, is a manufacturer of sheet molding compound (SMC) and molder of fiberglass reinforced plastics. The Company along with ....See Detailed Company Profile  and Dividend History.

▶ Deswell Industries (DSWL): Deswell Industries, Inc., incorporated on December 2, 1993, is engaged in the manufacturing and selling of injection-molded plastic parts and components. The Company also provides manufacturing services for electronic products ....See Detailed Company Profile  and Dividend History.

▶ Entegris (ENTG): Entegris, Inc., incorporated on March 17, 2005, is a global developer, manufacturer and supplier of microcontamination control products, specialty chemicals and materials handling solutions for manufacturing processes in the semiconductor ....See Detailed Company Profile  and Dividend History.

▶ Forward Industries (FORD): Forward Industries, Inc., incorporated on March 6, 1961, designs and distributes carry and protective solutions, primarily for hand held electronic devices, including soft-sided carrying cases, bags, clips, hand straps, protective ....See Detailed Company Profile  and Dividend History.

▶ Fuling Global (FORK): Fuling Global Inc. produces and distributes plastic service ware in the People's Republic of China. The company offers disposable cutlery, including forks, knives, spoons, and utensils; drinking straw....See Detailed Company Profile  and Dividend History.

▶ Newell Brands (NWL): Newell Brands Inc., incorporated on February 23, 1987, is a marketer of consumer and commercial products. The Companys segments include Writing, Home Solutions, Commercial Products, Baby & Parenting, Branded Consumables, ....See Detailed Company Profile  and Dividend History.

▶ Tupperware Brands (TUP): Tupperware Brands Corporation, incorporated on February 8, 1996, is a global direct-to-consumer company engaged in the manufacture and sale of Tupperware products, and cosmetics and personal care products. The Company ....See Detailed Company Profile  and Dividend History.

... See Full List of All Stocks of Plastic Products Sector.

Stock List of Other Consumer Non-Durables Sub-sectors

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▶ Stocks of Real Estate Sector

▶ Stocks of Recreational Products and Toys Sector

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▶ Stocks of Tobacco Sector


Stock List of Other Top-level Sectors

▶ Stocks of Sector

▶ Stocks of Basic Industries Sector

▶ Stocks of Basic Materials Sector

▶ Stocks of Capital Goods Sector

▶ Stocks of Communication Services Sector

▶ Stocks of Consumer Cyclical Sector

▶ Stocks of Consumer Defensive Sector

▶ Stocks of Consumer Durables Sector

▶ Stocks of Consumer Non-Durables Sector

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