Myers Industries Acquires Tuffy Manufacturing Industries, Inc.
Myers Industries, Inc. (MYE)
Last myers industries, inc. earnings: 3/3 06:30 am
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Source: Business Wire
Solidifies leadership position of Myers’ Distribution Segment in the Commercial Auto and Truck Fleet market AKRON, Ohio--(BUSINESS WIRE)--Myers Industries, Inc. (NYSE: MYE) today announced that it has acquired the assets of Tuffy Manufacturing Industries, Inc., a warehouse distributor of tire repair equipment and supplies.Founded in 1964 in Akron, Tuffy provides automotive and heavy-duty truck service-related parts, tools and accessories to tire dealers, retreaders and the trucking industry. Tuffy has established itself as an innovator, market leader and best-in-class solutions provider to customers located across North America. Tuffy will operate as part of Myers Tire Supply and Steve Zimmerman will continue to lead Tuffy as a premier customer and service driven operation. Tuffy’s sales for the trailing twelve months ended June 30, 2019 were approximately $20 million. Tuffy is expected to be accretive to earnings in 2020.“The acquisition of Tuffy aligns with our strategy to grow i
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News
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- Myers Industries, Inc. (NYSE: MYE) had its price target raised by analysts at KeyCorp from $22.00 to $30.00. They now have an "overweight" rating on the stock.MarketBeat
MYE
Earnings
- 3/5/24 - Beat
MYE
Sec Filings
- 3/28/24 - Form 11-K
- 3/27/24 - Form DEFA14A
- 3/19/24 - Form 4
- MYE's page on the SEC website