Myers Industries, Inc. is a diversified international manufacturer and distributor serving niches of industrial, agricultural, automotive, commercial, material handling, consumer and tire service markets.
The Company presents a leading portfolio of branded products in four segments:
Material Handling (29% of sales): Through our Akro-Mils® and Buckhorn® brands, Myers is one of North America's leading designers and manufacturers of reusable plastic containers and pallets used in multiple industries to improve material handling productivity.
Lawn & Garden (31% of sales): With our Myers Industries Lawn & Garden Group® brands, Myers is a North American leader in plastic hanging baskets, flowerpots, trays and decorative planters for professional growers and retail garden centers.
Automotive & Custom (19% of sales): Comprised of five brands, this segment’s product lines include molded rubber and plastic OEM parts and tire repair products serving markets from industrial and automotive to heavy truck and construction.
Distribution (21% of sales): Through our Myers Tire Supply® brand, the Company is the largest U.S. wholesale distributor of tools, equipment and supplies for tire, wheel and undervehicle service professionals. Products range from tire balancers to repair tools to service supplies.
Strategy For Sustainable Growth
The Company's "Strategic Business Evolution" operating plan is guided by five key principles: 1) Business Growth, 2) Customer Satisfaction, 3) Cost Control, 4) Organizational Development, and 5) Positioning the Business for the Future. Through these principles, we are focused on delivering sustainable, profitable growth.
Our solutions-based products and services strengthen growth platforms and position our brands as #1 or #2 in our chosen businesses. Our unwavering focus on customer satisfaction delivers strong partnerships. Ongoing improvement initiatives and a strong balance sheet support our drive for higher levels of profitable growth.
A strong leadership team provides the commitment to execute our business strategies. We remain vigilant for acquisition or realignment opportunities that advance our growth potential. With market leadership, diversified products and customers, strong cash flow history and a commitment to shareholder value that has provided regular and higher dividends for more than 35 years, Myers Industries presents sound fundamentals for investors.
