Company Overview

Myers Industries, Inc. is a U.S.-based diversified industrial company that manufactures polymer products and distributes infrastructure-related equipment. The company operates primarily in the manufacturing, infrastructure, industrial, and consumer end markets, with a focus on plastic-based solutions and material handling products. Its core activities span custom rotational molding, injection molding, and the distribution of tire service, repair, and industrial equipment.

The company’s primary revenue drivers are its Material Handling and Distribution segments, which serve industrial, agricultural, automotive, food processing, and infrastructure customers. Myers Industries is positioned as a vertically integrated provider with in-house manufacturing capabilities and an established distribution network, allowing it to serve both original equipment manufacturers and aftermarket customers. Founded in 1933, the company began as a rubber products manufacturer and evolved through organic growth and acquisitions into a broader industrial and infrastructure-focused enterprise, ultimately reincorporating in Ohio and becoming publicly traded on the NYSE.

Business Operations

Myers Industries operates through two reportable business segments: Material Handling and Distribution. The Material Handling segment designs and manufactures reusable plastic containers, pallets, storage bins, and custom-molded products using rotational and injection molding technologies. These products are sold to customers in food processing, agriculture, automotive, chemical, and general industrial markets, with revenue generated through direct sales and long-term customer relationships.

The Distribution segment supplies tire service equipment, tools, consumables, and related products to automotive service centers, commercial tire dealers, and industrial customers. This segment operates through established distribution businesses, including Tuffy Manufacturing, Martins Industries, and Elgi Rubber, providing both proprietary and third-party products. Operations are supported by manufacturing facilities, distribution centers, and logistics infrastructure across North America, with select international operations.

Strategic Position & Investments

Myers Industries’ strategy centers on profitable growth through operational efficiency, margin expansion, and targeted acquisitions that strengthen its core segments. The company has pursued bolt-on acquisitions to expand product offerings, geographic reach, and customer relationships, particularly within its Material Handling and Distribution businesses. Recent acquisitions have focused on complementary plastic manufacturing capabilities and specialty distribution companies aligned with infrastructure and industrial end markets.

The company continues to invest in automation, advanced molding technologies, and supply chain optimization to improve manufacturing efficiency and responsiveness. Myers Industries has also emphasized disciplined capital allocation, balancing internal investment with acquisitions and debt reduction. Its strategic positioning prioritizes essential, non-discretionary end markets such as food, infrastructure maintenance, and automotive service, which management views as more resilient across economic cycles.

Geographic Footprint

Myers Industries is headquartered in Akron, Ohio, and operates primarily across North America, which represents the majority of its revenue. The company maintains manufacturing plants and distribution centers throughout the United States and Canada, supporting nationwide customer coverage and efficient logistics.

Internationally, Myers Industries has a growing presence in Europe, Asia, and Latin America, largely through its Distribution segment and select manufacturing operations. While international markets contribute a smaller portion of total revenue compared to North America, they provide strategic expansion opportunities and access to global industrial and automotive service customers.

Leadership & Governance

Myers Industries is led by an executive team with experience in manufacturing, distribution, and operational transformation. The leadership team emphasizes operational discipline, customer-centricity, and strategic acquisitions to drive long-term shareholder value. Corporate governance follows U.S. public company standards, with oversight by an independent board of directors.

Key executives include:

• Aaron M. Schapper – President and Chief Executive Officer
• Grant E. Fitz – Chief Financial Officer
• Kristin L. Smith – Senior Vice President, General Counsel and Secretary
• Mark J. Delaney – Senior Vice President, Operations
• Richard J. Wambold – Senior Vice President, Distribution Segment

The leadership team’s strategic vision focuses on strengthening core businesses, improving margins through operational excellence, and deploying capital toward value-accretive growth opportunities.