Myers Industries Inc (NYSE: MYE) is a plastics manufacturing company that produces durable reusable containers, pallets, bulk shipping containers, fuel and water tanks, composite ground protection matting, storage and organizational products, and custom plastic components. Revenue comes from transactional product sales across its Material Handling segment, which generated $622.1 million in net sales for the fiscal year ended December 31, 2025, representing 75% of the company's total segment contribution. Founded in 1933 and headquartered in Akron, Ohio, Myers operates primarily in the United States and Canada with additional facilities in the United Kingdom and Guatemala. The company serves end markets including industrial manufacturing, food processing, agriculture, automotive, recreational vehicles, marine, healthcare, military, retail and wholesale distribution, and infrastructure and construction. Brands include Akro-Mils, Buckhorn, Scepter, Jamco, Signature Systems, Ameri-Kart, Elkhart Plastics, and Trilogy Plastics. The company carries variable-rate debt hedged partially through an interest rate swap, with a net leverage ratio of 2.45 to 1 and interest coverage ratio of 4.29 to 1 as of fiscal year ended December 31, 2025.
- Revenue model
- Transactional product sales of manufactured plastic and composite goods across industrial, commercial, consumer, and military channels. Products are sold through industrial distributors and direct channels.
- Products and services
- Plastic reusable containers and pallets, intermediate bulk containers, small parts bins, fuel and water containers, military ammunition containers, composite ground protection matting, plastic and metal carts, metal cabinets, storage and organizational products, and custom molded plastic components. Manufacturing processes include injection molding, rotational molding, blow molding, compression molding, structural foam molding, and plastic thermoforming.
- Customers and end markets
- End markets include industrial manufacturing, food processing, food distribution, agriculture, automotive, recreational vehicles, marine, healthcare, military, appliance, bakery, electronics, textiles, infrastructure and construction, retail distribution, and wholesale distribution. Customers include industrial distributors and direct buyers across these sectors.
- Value-chain role
- Vertically integrated manufacturer. Myers designs, molds, finishes, and distributes plastic and composite products. Internal capabilities include product design, prototyping, product testing, composite material formulation, material regrind and recycling, and multiple molding and forming processes.
- Geographic exposure
- Primary operations in the United States and Canada. Additional facilities in Darlington, United Kingdom and Mixco, Guatemala as of the 10-K filed 2026-03-05. Exports globally from North American manufacturing base.
Source: SEC 10-K, filed 2026-03-05
Industry:
Plastics Products, NEC
Peers:
ADVANCED CONTAINER TECHNOLOGIES, INC.
Ball Corp
BERRY GLOBAL GROUP, INC.
Greif Inc
O-i Glass, Inc
Silgan Holdings Inc
TriMas Corp