ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

MEC Named Top U.S. Fabricator for 11th Consecutive Year

Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading U.S.-based value-added manufacturing partner that provides a broad range of prototyping and tooling, production fabrication, coating, assembly, and aftermarket services, today announced that the Company has been named as the nation’s largest fabricator by the Fabricator Magazine for the eleventh consecutive year.

“Maintaining our position at the top of the FAB 40 list is a testament to the consistent dedication of everyone within our organization,” explained Robert Kamphuis, Chairman, President & CEO. “In a year when so many companies have stumbled due to the tremendous challenges presented by the pandemic, I am proud of the accomplishments and improvements we have been able to make while strengthening our position in the marketplace. We are in a very strong financial position today, which will allow us to continue to invest internally and consider external expansion opportunities.”

Over the past 75 years, MEC has built strong customer relationships with leading OEMs across many major end markets, and today has 19 manufacturing facilities strategically located near its customers in seven states. In addition to continuing to serve the Company’s existing blue chip customer base, the Company is entering new end-markets and recently announced a new customer partnership that is expected to positively impact revenue in 2022 and beyond.

“Our highly automated and re-deployable manufacturing capabilities provide us with the flexibility to take on new business, in addition to expanding our offerings to our current customers,” explained Ryan Raber, Executive Vice President – Strategy, Sales & Marketing. “We recently expanded into a new market, adding a significant new customer, which highlights that our strategy is working and we remain confident that our commitment to innovation will ensure that we build upon our market leading position in the years to come.”

About Mayville Engineering Company

MEC is a leading U.S.-based value-added manufacturing partner that provides a broad range of prototyping and tooling, production fabrication, coating, assembly, and aftermarket components. Our customers operate in diverse end markets, including heavy- and medium-duty commercial vehicles, construction, powersports, agriculture, military, and other end markets. We have developed long-standing relationships with our blue-chip customers based upon a high level of experience, trust, and confidence.

Our one operating segment focuses on producing metal components that are used in a broad range of heavy- and medium-duty commercial vehicles, construction, powersports, agricultural, military, and other products. Fore more information, please visit www.mecinc.com.

Contacts

Recent Quotes

View More
Symbol Price Change (%)
AMZN  246.47
-0.91 (-0.37%)
AAPL  260.25
+0.88 (0.34%)
AMD  207.69
+4.52 (2.22%)
BAC  55.19
-0.66 (-1.18%)
GOOG  332.73
+3.59 (1.09%)
META  641.97
-11.09 (-1.70%)
MSFT  477.18
-2.10 (-0.44%)
NVDA  184.94
+0.08 (0.04%)
ORCL  204.68
+6.16 (3.10%)
TSLA  448.96
+3.95 (0.89%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.