Myers Industries to Host Conference Call to Review Acquisition of ITML Horticultural Products
AKRON, Ohio--Myers Industries, Inc. today announced that it plans to host a conference call to discuss its acquisition of ITML Horticultural Products, Inc. The acquisition is expected to close on or about Tuesday, January 9, 2007, subject to customary conditions of closing. A release will be issued confirming both the closing and the call.
The Company anticipates the conference call to be Wednesday, January 10, from 10:00 - 11:00am ET. Myers Industries’ President and Chief Executive Officer John C. Orr, and Vice President and Chief Financial Officer Donald A. Merril, will conduct the call and provide a strategic overview of the acquisition. Investors and other interested parties may participate by calling 1-877-407-9205; international callers dial 1-201-689-8054. The call will also be available as an audio webcast at www.myersind.com. Please dial in for the call at least five minutes in advance of the start time.
The event will be archived and a transcript available 24 hours after the call. A replay will be available at 1-877-660-6853 (for access, use Account #286 / ID #226441) until January 24, 2007; international callers dial 1-201-612-7415. A webcast replay will be available from the Myers Industries web site through April 11, 2007.
About Myers Industries
Myers Industries, Inc. is an international manufacturer of polymer products for industrial, agricultural, automotive, commercial, and consumer markets. The Company is also the largest wholesale distributor of tools, equipment, and supplies for the tire, wheel, and undervehicle service industry in the U.S. Myers Industries had record net sales of $903.7 million in 2005. Visit www.myersind.com to learn more.
Caution on Forward-Looking Statements: Statements in this release may include “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement that is not of historical fact may be deemed "forward-looking." Words such as “expect,” “believe,” “project,” “plan,” “anticipate,” “intend,” “objective,” “goal,” “view,” and similar expressions identify forward-looking statements. These statements are based on management’s current views and assumptions of future events and financial performance and involve a number of risks and uncertainties, many outside of the Company's control, that could cause actual results to materially differ from those expressed or implied. Factors include, but are not limited to: changes in the markets for the Company’s business segments; changes in trends and demands in the industries in which the Company competes; unanticipated downturn in business relationships with customers or their purchases; competitive pressures on sales and pricing; raw material availability, increases in raw material costs, or other production costs; future economic and financial conditions in the United States and around the world; the Company’s ability to consummate the proposed transaction on the negotiated terms; the Company’s ability to execute the components of its Strategic Business Evolution process; and other risks as detailed in the Company’s 10-K and other reports filed with the Securities and Exchange Commission. Myers Industries undertakes no obligation to publicly update or revise any forward-looking statements contained herein, which speak only as of the date made.