Myers Industries Appoints Distribution Segment Replacement
Myers Industries Inc. announced that Alex Williamson has joined the company as vice president and general manager of the company’s distribution segment, replacing Todd Smith. Smith will assume the role of vice president and general manager of Akro-Mils, a core material handling business for the company. In this position, Williamson will focus on the growth
Myers Industries Announces $40 Million Share Repurchase Program
Myers Industries, Inc. announced today that its board of directors has authorized additional share repurchases of $40 million of common stock with expectations for the share repurchases to be completed in 2014. “We are in contact with our shareholders and it is clear that returning capital to them is a high priority as our cash
Myers Industries Closes its Distribution Segment’s Canadian Branch Operations
Myers Industries Inc. today announced that it is closing its distribution segment’s Canadian branches, which operate under the name Myers Tire Supply International. Todd Smith, vice president and general manager of the distribution segment said, “We value the contributions made by our employees, and the decision to close the branches is not a reflection of
Myers Industries Names Vinay Investor Relations VP, Treasurer
Myers Industries Inc. has appointed Monica Vinay to the position of vice president of investor relations and treasurer. In this position, Vinay will be responsible for acting as the primary day-to-day interface between the company and the investment community, overseeing treasury operations including cash management and directing corporate communications efforts across the company. Vinay began
Myers Industries Honored for Worker Safety
Akron-based Myers Industries received an Inside Business Manny Award as a safety leader in the manufacturing industry. The Manny Award recognizes manufacturers in Northeast Ohio that excel in areas such as product development, green initiatives and workplace environment. Myers was honored for its employee safety efforts. “Personal safety has been and will continue to be a high-priority
Sales, Income up in 2012 for Myers Industries
Myers Industries reported 2012 net sales of $791 million, up from 2011’s $755 million, and net income of $30 million compared to $24.5 million the year prior. Myers reported "strong sales performance in the Engineered Products and Material Handling segments more than offset sales decreases in the Distribution and Lawn & Garden segments. Gross margin
Myers Industries Reports 2008 Financials
(Aftermarketnews.com) Myers Industries has reported results for the fourth quarter and year ended Dec. 31, 2008.
Myers Industries Shareholder to Vote Against Proposed Purchase
(Akron/Tire Review) On July 23 in Akron, Ohio, Myers Industries shareholders are expected to vote on the proposed $1.07 billion purchase of Myers Industries by GS Capital Partners, a private-equity unit of Goldman Sachs.
Myers Industries Board Approves Private-Equity Sale
(Akron/Tire Review) GS Capital Partners, the private-equity division of Goldman Sachs Group Inc., has offered to buy Myers Industries for $794 million plus an additional $276 million in debt.
Myers Industries Appoints Corporate Treasurer
(Akron/Tire Review) Myers Industries Inc. has appointed Salvatore Incanno as corporate treasurer in the company’s corporate accounting and finance department.