About Myers Industries
Myers Industries is a company based in Akron (United States) founded in 1933.. The company has 2,700 employees as of December 31, 2024. Myers Industries has completed 3 acquisitions, including Scepter, Signature Systems and Tuffy Manufacturing. Myers Industries offers products and services including Sustainable Plastic and Metal Products and Tools and Equipment Distribution.
- Headquarter Akron, United States
- Employees 2700 as on 31 Dec, 2024
- Stage Public
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Phone
*********
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Website
*********
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Social
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- Legal Name Myers Industries, Inc.
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Annual Revenue
$836.28 M2.86as on Dec 31, 2024
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Net Profit
$7.2 M-85.26as on Dec 31, 2024
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EBITDA
$114.15 M20.16as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
2700
as on Dec 31, 2024
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Investments & Acquisitions
Scepter
& 2 more
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IPO & Listings of Myers Industries
Myers Industries is a publicly listed company on the NYSE with ticker symbol MYE in USA, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Myers Industries
Myers Industries offers a comprehensive portfolio of products and services, including Sustainable Plastic and Metal Products and Tools and Equipment Distribution. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Sustainable plastic and metal products are produced for various markets including industrial and agricultural uses
Tools, equipment, and supplies are distributed for the tire, wheel, and under-vehicle service industry
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Funding Insights of Myers Industries
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2018 | Amount | Post-IPO - Myers Industries | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Myers Industries
Myers Industries has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Scepter, Signature Systems and Tuffy Manufacturing. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Flooring solutions provider
|
1998 | ||||
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Tire, wheel, auto, fleet, and repair services are provided.
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1964 | ||||
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Scepter is recognized for manufacturing fuel and water containers.
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1949 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Myers Industries
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Myers Industries Comparisons
Competitors of Myers Industries
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Myers Industries
Frequently Asked Questions about Myers Industries
When was Myers Industries founded?
Myers Industries was founded in 1933 and raised its 1st funding round 85 years after it was founded.
Where is Myers Industries located?
Myers Industries is headquartered in Akron, United States. It is registered at Akron, Ohio, United States.
Who is the current CEO of Myers Industries?
Mike McGaugh is the current CEO of Myers Industries.
How many employees does Myers Industries have?
As of Dec 31, 2024, the latest employee count at Myers Industries is 2,700.
What is the annual revenue of Myers Industries?
Annual revenue of Myers Industries is $836.28M as on Dec 31, 2024.
What does Myers Industries do?
Founded in 1933 and headquartered in Akron, United States, operations are focused on manufacturing and distributing sustainable plastic and metal products. These are supplied to industrial, agricultural, automotive, commercial, marine, and consumer markets. Tools, equipment, and supplies for tire, wheel, and under-vehicle services are also distributed. Returnable packaging, storage solutions, safety products, and specialty moldings are produced to address needs in multiple sectors.
What products or services does Myers Industries offer?
Myers Industries offers Sustainable Plastic and Metal Products and Tools and Equipment Distribution.
Is Myers Industries publicly traded?
Yes, Myers Industries is publicly traded on NYSE under the ticker symbol MYE.
How many acquisitions has Myers Industries made?
Myers Industries has made 3 acquisitions, including Scepter, Signature Systems, and Tuffy Manufacturing.
What is Myers Industries's ticker symbol?
The ticker symbol of Myers Industries is MYE on NYSE.