Myers Industries Announces Additional Price Increases

AKRON, Ohio--(BUSINESS WIRE)-- Myers Industries, Inc. (NYSE: MYE), a manufacturer of polymer products and distributor for the tire, wheel, and under-vehicle service industry, today announced additional price increases ranging between 9% and 12% effective April 1, 2021. The increases will be implemented across most of the Company’s portfolio of products in the Material Handling Segment, including those sold by Akro-Mils, Ameri-Kart, Buckhorn, Elkhart Plastics, Jamco Products, and Scepter. The price increases are in response to continued increases in raw material costs, primarily resin and steel. The Company previously announced an 8% price increase effective March 1, 2021.

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 distributor of tools, equipment and supplies for the tire, wheel and under-vehicle service industry in the U.S. Visit www.myersindustries.com to learn more.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210322005191/en/

Monica Vinay
Vice President, Investor Relations & Treasurer
(330) 761-6212

Source: Myers Industries, Inc.

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