Myers Industries Begins Trading on the New York Stock Exchange
AKRON, Ohio--May 1, 2001--Myers Industries, Inc. announced this morning that the Company's stock will begin trading on the New York Stock Exchange (NYSE) today.Shares will continue to trade under the symbol "MYE". Myers Industries is making the switch to the NYSE from the American Stock Exchange.
Stephen E. Myers, President and Chief Executive Officer stated, "We believe the move to the New York Stock Exchange will improve the liquidity of the stock for our shareholders, increase volume, and make Myers Industries more visible to investors."
Myers Industries, Inc. is an international manufacturer of plastic and rubber products for industrial, agricultural, automotive, commercial, and consumer markets. Products range from reusable plastic containers and plastic flower planters to plastic storage and organization products, rubber OEM parts, rubber tire repair products, and custom rubber materials. The Company is also the largest wholesale distributor of tools, equipment, and supplies for the tire service and automotive underbody repair industry in the United States. Myers has 25 manufacturing facilities in North America and Europe, 42 domestic and five international distribution branches, more than 20,000 products, and more than 4,300 employees. Myers Industries had net sales of $652.7 million in 2000. Visit www.myersind.com to learn more.
Forward-Looking Statements: Statements in this release may include "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve a number of risks and uncertainties that could cause actual results to materially differ from those expressed or implied. Any statement that is not of historical fact may be deemed to be a forward-looking statement. Myers Industries does not undertake to update any forward-looking statements contained herein.