Myers Industries Plans Price Hike In Material Handling Segment

  • Myers Industries Inc MYE plans to implement price increases effective April 18, 2022, across most of its portfolio of products in the Material Handling Segment. The details of the price hike were not disclosed.
  • The price rise results from high inflation and rising raw material, freight, energy, fuel, labor, and corrugated costs.
  • Myers manufactures polymer products for industrial, agricultural, automotive, commercial, and consumer markets.
  • Price Action: MYE shares are trading higher by 1.50% at $20.26 on the last check Monday.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsSmall CapGeneralBriefs
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!