ABOUT MYERS INDUSTRIES

Myers Industries Timeline

Download PDF of Company Profile & History (Updated April, 2008)

1930's
    
Myers in the 30s
  1933 Louis and Meyer Myers form a partnership beginning Myers Tire Supply, the origin of Myers Industries. The first store opens at 1500 South Main Street, in Akron, Ohio.
  1937 The first Myers Tire Supply catalog is published, introducing the slogan "Everything for the Tire Dealer."
  1939 The partners' younger brother Isidore Myers joins the Company.
    
1940's
  
Myers in the 40s
  1947 Akro-Mils and Patch Rubber Company founded.
    
1950's
   
  1953 Myers Tire Supply opens first international branch warehouse in Ontario, Canada. Myers in the 50s
  1954 Myers Tire Supply opens first domestic branch in Detroit, Michigan.
  1955 Myers Tire Supply experiences postwar growth; the partnership incorporates.
  1955-59 Myers Tire Supply opens branches in: Memphis, Cincinnati, Pittsburgh, Syracuse and Richmond.
  1956 Patch Rubber Company begins manufacturing chemically vulcanized tire repair products.
    
1960's
  
  1960-69 Myers Tire Supply opens branches in: Cleveland, Chicago, Atlanta, Los Angeles, Kansas City, San Francisco, Charlotte and Houston. Myers in the 60s

Myers in the 60s

  1963 Company renamed
Myers Industries, Inc.
  1963 Corporate offices and Myers
Tire Supply central warehouse
built in Akron, Ohio, 1293 South
Main Street.
  1964 The Company builds its first, new manufacturing plant in Akron to make Akro-Mils plastic and metal products.
  1969 Louis S. Myers named president and CEO.
    
1970's
    
Myers in the 70s
  1970-77 Myers Tire Supply branches
open in: Salt Lake City,
Portland, Denver, Boston,
York, Pa., Miami, Minneapolis/
St. Paul, New York City,
Dallas, St. Louis, San Antonio
and Phoenix.
  1971 Initial public stock offering over-subscribes the first day.
  1972 Second public stock offering.
  1972 Radial tire repair products
are introduced.
  1972 The Company introduces AkroBin® storage and organization containers.
  1974 Plastic molding capabilities expand with the purchase of a second Ohio plant.
  1978 Myers consolidates rubber manufacturing operations in North Carolina.
    
1980's
  
Myers in the 80s
  1980-89 Myers Tire Supply branches
open in: Tampa, Seattle,
San Diego, New Orleans,
Oklahoma City, Birmingham,
Des Moines, Indianapolis,
Las Vegas and Philadelphia.
  1983 Myers celebrates 50th year in business with: 700 employees, 5 manufacturing plants, 32 domestic branches, and 15 international affiliates.
  1983 Myers Industries, Inc. is listed on the American Stock Exchange-MYE.
  1983 The Company introduces
molded plastic tool boxes to
consumer and industrial
markets.
  1984 Stephen E. Myers named
Chief Executive Officer,
Myers Industries.
  1986 Myers enters the lawn and garden market with PlasTerra™ flower planters.
  1987 Acquisition of Buckhorn Inc.,
manufacturer of reusable
plastic containers, pallets
and molded rubber products.
Manufacturing becomes
the dominant segment.
  1989 Myers named to Forbes 200
"Best Small Companies" list.
    
1990's
   
1990-96 Myers Tire Supply branches open in: Milwaukee, Nashville, El Paso, Albuquerque, and Little Rock. Acquisition of Miami Retreaders Supply, Long Island Tire, and Northwest Tire. Branches total 42.

 
1991 Myers introduces its largest molded plastic product to date-the 2500 lb. capacity collapsible bulk container.

1992 Forbes 200 list again names Myers Industries.

 
1993 Third public stock offering.

 
1995 Acquisition of Ameri-Kart Corporation.
1995 Structural foam plastic molding plant started in Bluffton, Indiana.

 
1997 Molded Solutions acquired.

 
1997 Myers Industries opens the L.S. Myers Training Center for internal sales seminars.

1998 Myers Industries acquires Danish company, raaco International.

1998 Acquisition of Sherwood Plastics.

 
1998 Acquisition of Kadon Corporation.

1998 Myers purchases majority interest in Myers El Salvador.

 
1999 Myers Industries acquires Allibert Équipement in France and Allibert Contico in the United States.

1999 Acquisition of Dillen Products, a leading manufacturer of plastic flower containers, makes Myers a sizeable supplier to growers in the horticultural market.

1999 Acquisition of Listo Products expands Myers' consumer flowerpot offering with decorative indoor planters.

1999 Net Income exceeds $30 million.  
      
2000's
2000 Purchase of RB Manufacturing/Dura Products, a manufacturer of metal material handling carts for industrial and commercial markets.

2000 Acquisition of Best Plastics, a manufacturer of roto-molded tanks and vacuum-formed parts for OEMs.

2000 Expansion of production for plastic planters with purchase of Nevada manufacturing facility.

2000 Sales exceed $600 million.

 
2001 On May 1, 2001, Myers Industries, Inc. is listed on the New York Stock Exchange-MYE.



2004 Acquisition of Michigan Rubber Products, Inc.
and WEK Industries, Inc., leading suppliers of molded rubber and plastic products to the automotive market.
Michigan Rubber Acquired by Myers Industries
WEK Industries Acquired by Myers Industries

2004 Acquisition of Productivity California, Inc. (Pro Cal), leading manufacturer of nursery containers for the professional grower.

ProCal Acquired by Myers Industries 2004
2005 John C. Orr appointed President & CEO, succeeding Stephen Myers following his retirement. John Orr President and CEO Myers Industries

2005 Sales exceeded $900 million .

 
2005 Myers reorganizes business segments into five areas: Distribution, North American Material Handling, European Material Handling, Lawn & Garden and Automotive & Custom. Brands are reorganized into the segments.

 
2007 Myers divests the non-strategic European Material Handling segment as a catalyst to reinvest in its remaining four business segments and 13 brands.

 
2007 Acquisition of ITML Horticulture Products extends Myers leadership in horticulture containers marketplace for growers. ITML is added to Myers Lawn and Garden segment brands. ITML Acquired by Myers Industries in 2007
2007 Acquisition of strategic assets from Schoeller Arca Systems North America - molds and equipment for bulk container lines. Products added to the Buckhorn brand in Material Handling. Shoeller Arca North America Product Lines Acquired by Myers Industries in 2007


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