| Business Summary | | Myers
Industries,
Inc.
conducts
its
business
activities
in
two
segments,
manufacturing
and
distribution.
Its
manufacturing
segment
designs,
manufactures
and
markets
a
variety
of
plastic
and
rubber
products,
ranging
from
plastic
material
handling
containers
and
storage
boxes
to
rubber
OEM
parts
and
tire
repair
materials.
These
products
are
made
through
a
variety
of
molding
processes
in
25
facilities
located
throughout
North
America
and
Europe.
Its
distribution
segment
is
engaged
in
the
distribution
of
tools,
equipment
and
supplies
used
for
tire
and
wheel
service
and
automotive
underbody
repair.
The
distribution
segment
operates
through
42
branches
located
in
major
cities
throughout
the
United
States,
and
in
foreign
countries
through
export
and
businesses
in
which
the
Company
holds
an
equity
interest. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Myers
Industries
designs,
manufactures
and
markets
reusable
plastic
storage
systems
and
other
products
for
distribution,
storage
and
material
handling
applications.
The
Co.
also
distributes
aftermarket
repair
products.
For
the
six
months
ended
6/30/01,
net
sales
fell
3%
to
$318
million.
Net
income
fell
32%
to
$11.2
million.
Revenues
reflect
decreased
sales
volumes.
Net
income
also
reflects
a
lower
gross
margin
due
to
reduced
coverage
of
fixed
manufacturing
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Stephen Myers, 57 Pres,
CEO, Director | $455K | Milton Wiskind, 75 Sr.
VP, Sec., Director | 408K | Gregory Stodnick, 58 VP-Fin. | 355K | Jean-Paul Lesage, 56 VP | 288K | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|