Having completed the sale of its WEK Industries unit and set the purchase of Scepter Corp. and Scepter Manufacturing LLC, Myers Industries Inc. has realigned its business into two segments.
Starting with the second quarter Form 10Q and going forward, Myers said it will report its earnings in two reportable segments: Material Handling and Distribution.
The new Material Handling Segment will consist of brands Buckhorn Inc., Akro-Mils, Novel, Myers do Brazil, Jamco Products Inc., Ameri-Kart, and Scepter.
The Distribution Segment will include Myers Tire Supply, Myers Tire Supply International, and Patch Rubber Co.