MYERS INDUSTRIES INC (MYE) Myers Industries, Inc., an Akron, Ohio-based company established in 1933, operates through two principal business divisions: Material Handling and Distribution. The Material Handling segment specializes in manufacturing a diverse range of plastic products. These include various storage and organization solutions such as pallets, small parts bins, bulk shipping containers, and custom plastic components, utilizing injection, rotational, and blow molding techniques. They also produce consumer fuel containers and tanks for managing water, fuel, and waste. This segment caters to a broad spectrum of industries, including industrial manufacturing, food processing, retail distribution, agriculture, automotive, recreational and marine sectors, healthcare, and consumer goods markets, among others. These products are offered directly or via distributors, under well-known brands such as Akro-Mils, Jamco, Buckhorn, Ameri-Kart, Scepter, Elkhart Plastics, and Trilogy Plastics. Conversely, the Distribution segment focuses on supplying essential tools, equipment, and ancillary products required for tire, wheel, and under-vehicle maintenance across passenger, heavy truck, and off-road vehicles. Additionally, it produces tire repair materials, bespoke rubber products, and reflective highway marking solutions. Its clientele spans retail and commercial tire dealerships, automotive repair centers, fleet operators, tire re-treaders, truck stops, and governmental bodies.
Sector: Plastics Products, NEC
Industry: Packaging & Containers
Myers Industries, Inc. NYSE:MYE Consumer Cyclical · Packaging & Containers
Mkt Cap $1.21B
Div Yield 1.68%
AH Close $32.13 +0.00% vs close
AH Close $32.13 +0.00% vs close
Mkt Cap $1.21B
Div Yield 1.68%
All Press Release SEC Filings News
Press Release
Myers Industries Announces Quarterly Dividend
Myers Industries' board approved a quarterly cash dividend of $0.135 per share, payable January 6, 2027, to shareholders of record as of December 4, 2026.
This is a routine dividend declaration with no change in amount or policy signaled.
• 2d ago AI analysis › SEC Filing
MYE: 8-K · material agreement
Myers Industries amended and restated its Senior Officer Severance Plan effective October 22, 2026, covering named executive officers including CEO Aaron Schapper and CFO Samantha Rutty.
Key changes include adding Target Bonus to the cash severance calculation outside the Change in Control protection period, increasing the CEO's change-in-control severance multiplier from 2.5x to 3x salary plus target bonus, and adding a 2x multiplier tier for the Executive Leadership Team.
The plan is standard retention-oriented compensation housekeeping with no impact on reported financials or strategy, though the enhanced CEO change-in-control multiplier modestly raises potential transaction costs if the company becomes an acquisition target.
SEC 8-K • 2d ago AI analysis › Press Release
Myers Industries Announces Reporting Date and Conference Call for 2026 Third Quarter Results
Myers Industries will report its third quarter 2026 results on Thursday, October 29, 2026, before the market opens.
A conference call to review performance will be held the same day at 10:00 a.m. Eastern Time, with a live webcast available on the company's website and an archived replay afterward.
• 17d ago AI analysis › Press Release
Scepter Wins 2026 Pro Tool Innovation Award for Chainsaw Fuel and Tool Container
Scepter, a subsidiary of Myers Industries, won a 2026 Pro Tool Innovation Award for its Chainsaw Fuel and Tool Container, which combines a 1.5-gallon fuel container with storage for chain oil and tools.
The award program drew nearly 400 entries from more than 100 manufacturers, judged by industry experts and trade professionals.
The news is promotional in nature and carries no stated financial impact, but supports brand visibility for Myers' consumer products segment.
• 1mo ago AI analysis › Press Release
Myers Industries Announces Quarterly Dividend
Myers Industries' Board of Directors approved a quarterly cash dividend of $0.135 per share.
The dividend is payable on October 5, 2026, to shareholders of record as of September 18, 2026.
This marks a standard, recurring capital return for the industrial manufacturer.
• 1mo ago AI analysis › SEC Filing ⚠ 3
MYE: 8-K · asset sale
Myers Industries, Inc. entered into a Membership Interest Purchase Agreement on August 31, 2026 to sell all of the issued and outstanding membership interests of Myers Tire Supply, LLC and its subsidiaries to TAPS Holdings, LLC. The sale divests the company's entire North American tire supply distribution division.
The Company sold MTS for aggregate consideration of $30,000,000, subject to customary post-closing adjustments for cash, indebtedness, net working capital, and transaction expenses. The buyer obtained a buyer-side representation and warranty insurance policy as the primary source of recovery, and KeyBanc Capital Markets served as financial advisor.
Myers agreed to 36-month non-competition and non-solicitation restrictions covering the divested business, with carve-outs permitting its retained international tire supply subsidiaries and Patch Rubber Company to continue operating in their respective jurisdictions.
The transaction was reported under Items 1.01, 7.01 and 9.01 of the Form 8-K, with the purchase agreement filed as Exhibit 2.1 and a press release as Exhibit 99.1, and completes the company's previously announced intended divestiture of the Myers Tire Supply business.
SEC 8-K • 1mo ago AI analysis › Press Release ● Major
Myers Industries Completes Sale of Myers Tire Supply
Myers Industries completed the sale of its Myers Tire Supply (MTS) North America business to Lion Equity Partners for $30 million, marking a key step in its strategic transformation.
The divestiture allows the company to sharpen its focus on its core engineered resin and composite products segment while strengthening its balance sheet.
MTS employed 233 people across its headquarters and four distribution centers; KeyBanc and Vorys advised on the transaction.
• 1mo ago AI analysis › SEC Filing
MYE: 8-K · debt financing
Myers Industries, Inc. amended its Seventh Amended and Restated Loan Agreement to establish a new $250 million term loan facility and extend the maturity of its $250 million revolving credit facility to July 2031.
The amendment decreases applicable margins for loans, with rates ranging between 1.100% and 1.950% for Term SOFR loans and 0.100% to 0.950% for base rate loans, contingent on the company's net leverage ratio.
Proceeds from the facilities will refinance existing term loans and support working capital, while the maximum net leverage ratio was set at 3.50 to 1.00 with a potential holiday period of 4.00 to 1.00 for material acquisitions.
SEC 8-K • 2mo ago AI analysis › Press Release
Myers Industries Launches European Production of Scepter Military Packaging
Myers Industries' Scepter business has launched production of military ammunition containers in Europe via a contract manufacturing facility in Poland.
Initial customer shipments began in April 2026, aimed at serving NATO and allied nations while reducing logistics costs and lead times.
The move expands the company's defense manufacturing footprint and supports long-term growth, according to leadership.
• 2mo ago AI analysis › Press Release ● Major
Myers Industries Announces 2026 Second Quarter Results
Myers Industries reported Q2 revenue of $179.2 million, up 9.8% year-over-year, with strong growth in Infrastructure and Food & Beverage segments offsetting softness in Consumer and Vehicle markets.
Adjusted EPS surged 60.6% to $0.53, while operating margin expanded 520 basis points to 17.4% due to volume mix improvements and the company's Focused Transformation initiatives.
The company amended its credit agreement to establish a new $500 million credit facility, extending maturities to 2031, and reduced net leverage to 1.9x while generating $26.5 million in free cash flow.
• 2mo ago AI analysis › Press Release
Valtris Specialty Chemicals Announces New Executive Leaders
Valtris Specialty Chemicals appointed David Brandt as Vice President of Global Manufacturing; Mr. Brandt previously spent over 30 years at DuPont de Nemours Inc. (NYSE:DD).
The company also announced the hiring of Jane Zdrojewski from Dow Inc., Raymond Hudack from PPG Industries, and Layne Schroeder from Myers Industries to fill senior leadership roles.
This press release concerns Valtris' internal management changes and does not contain material operational or financial disclosures for DuPont.
• 2mo ago AI analysis › Press Release
Myers Industries Announces Reporting Date and Conference Call for 2026 Second Quarter Results
Myers Industries will report its 2026 second quarter financial results on Thursday, July 30, 2026, prior to the market open.
The company will host a conference call the same day at 10:00 a.m. Eastern Time, accessible via live webcast on its Investor Relations website.
Based in Akron, Ohio, Myers Industries manufactures sustainable plastic and metal products for consumer, industrial, and automotive aftermarket markets.
• 3mo ago AI analysis › Press Release
Myers Industries Announces Quarterly Dividend
Myers Industries declared a quarterly cash dividend of $0.135 per share.
The payment is scheduled for July 2, 2026, to shareholders of record as of June 17, 2026.
This is a routine maintenance of the existing dividend policy with no indicated change in rate.
• 4mo ago AI analysis › Press Release ● Major
Myers Industries Announces 2026 First Quarter Results
Myers Industries reported Q1 net sales of $164.6 million, up 1.8% year-over-year, with income from continuing operations surging 92% to $13.8 million.
profitability improved significantly as operating income margin expanded 450 basis points to 15.1% and adjusted EBITDA margin grew 420 basis points to 21.3%.
Free cash flow was strong at $23.9 million, allowing the company to reduce net debt by $18.3 million and end the quarter with total liquidity of $289.3 million.
• 5mo ago AI analysis › Press Release
Valtris Specialty Chemicals Announces New Chief Human Resources Officer
Valtris Specialty Chemicals appointed Clint Shephard, a 15-year veteran of The Dow Chemical Company, as its new Chief Human Resources Officer.
Shephard joins Valtris from Myers Industries and will be based in the company's new office in Midland, Michigan.
The hiring of a former employee by a smaller industry peer has no material impact on Dow's current operations or financial outlook.
• 5mo ago AI analysis › Recent SEC filings with analysis