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INVESTOR RELATIONS
News Releases
| SOURCE: |
Myers
Industries, Inc. |
| CONTACT: |
Gregory J.
Stodnick
Vice President-Finance & Chief Financial Officer |
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(330) 253-5592 |
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MYERS
INDUSTRIES COMPLETES ACQUISITION OF MICHIGAN RUBBER PRODUCTS
AND WEK INDUSTRIES
FOR IMMEDIATE RELEASE:
March 11, 2004, Akron, Ohio USA -- Myers Industries, Inc. (NYSE: MYE) today announced that
it has completed the acquisition of ATP Automotive, Inc., comprised of Michigan Rubber
Products, Inc. (MRP) and WEK Industries, Inc. (WEK). MRP and WEK are leading suppliers of
molded rubber and plastic products and subassemblies to the automotive industry.
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 net sales of $661.1 million in 2003.
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.
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