Not yet a member?Join now!|Lost password
10/02/2012 | Press release
distributed by noodls on 10/02/2012 09:29
NYSE: MYE
Jamco, with sales in the range of $15.0 to $18.0 million, is
a leading designer and manufacturer of heavy- duty industrial
steel carts and safety cabinets used across many markets.
Jamco's strong product offering, relationships with
industrial distributors and reputation for quality and
service complements Myers
Industries' existing Akro-Mils® business and
aligns with the Company's material handling growth
strategy.
Jamco, founded in
1995, is well established in industrial and commercial
markets with its wide selection of welded steel service
carts, platform trucks, mobile work centers, racks and
cabinets for plastic bins, safety flammable cabinets, medical
cylinder carts and more. Jamco's manufacturing facilities are
located in South Beloit, IL. Visit
http://www.jamcoproducts.com to learn more.
Jamco will become a valuable part of Myers Industries'
Material Handling Segment. Businesses in this segment include
North America-based Buckhorn,® a leading
manufacturer of plastic reusable bulk containers and totes
for diverse markets; and Akro-Mils,® a leader in
plastic storage bins, organization
systems and metal transport carts for industrial and
commericial markets. The segment also includes Brazil-based
Myers do Brasil® and Plasticos
Novel,® which produce plastic reusable
containers, totes and crates for agriculture, beverage, food
processing and manufacturing markets.
Myers Industries, Inc. (NYSE: MYE) is a diversified, international manufacturer of polymer products for industrial, agricultural, automotive, commercial and consumer markets. The Company is also the largest wholesale distributor of tools, equipment and supplies for the tire, wheel and undervehicle service industry in the U.S. The Company reported net sales of $755.7 million in 2011. Visit www.myersindustries.com to learn more, or visit www.facebook.com/myersindustries to connect with the Company's social community.
Caution on Forward-Looking Statements
Statements in this release may include "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement that is not of historical fact may be deemed "forward-looking". Words such as "expect", "believe", "project", "plan", "anticipate", "intend", "objective", "goal", "view", "should", and similar expressions identify forward-looking statements. These statements are based on management's current views and assumptions of future events and financial performance and involve a number of risks and uncertainties, many outside of the Company's control that could cause actual results to materially differ from those expressed or implied. Risks are detailed in the Company's 10-K and other reports filed with the Securities and Exchange Commission, which are available at www.sec.gov , and on the Company's Investor Relations section of its web site at www.myersindustries.com. Myers Industries undertakes no obligation to publicly update or revise any forward- looking statements contained herein. These statements speak only as of the date made.
# # #
Gregg Branning - Senior Vice President & Chief Financial Officer Max Barton - Director, Corporate Communications
Monica Vinay - Director, Investor & Financial Relations (330) 761-6106 (330) 253-5592
1293 South Main Street • Akron, Ohio 44301 • (330) 253-5592 • Fax: (330) 761-6156 NYSE / MYE