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Mayville Engineering Company, Inc. (NYSE: MEC) (the “Company” or “MEC”), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end-markets, today announced that it will issue second quarter 2023 results after the market close...
Mayville Engineering Company, Inc. (NYSE: MEC) (the “Company” or “MEC”), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end-markets, today announced that it had completed the acquisition of privately held Mid-States Al...
2023-06-29 07:09:24 ET Mayville Engineering Company ( NYSE: MEC ) has entered into an amended and restated credit agreement led by Wells Fargo Bank, whereby credit facility have increased from $200M to $250M and includes an uncommitted accordion feature of $100 million, for a tota...
Upsized Credit Facility Provides $50 million of Additional Borrowing Capacity Amended Credit Agreement Includes $100 million Uncommitted Accordion Feature Mayville Engineering Company, Inc. (NYSE: MEC) (the “Company” or “MEC”), a leading value-added p...
2023-06-26 10:32:48 ET Mayville Engineering ( NYSE: MEC ) has joined the broad-market Russell 3000 Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective today after the U.S. market opens, according to a preliminary list of additions posted May 19...
Mayville Engineering Company, Inc. (NYSE: MEC) (the “Company” or “MEC”), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end-markets, today announced that it has been selected to join the broad-market Russell 3000 &...
2023-06-22 16:04:30 ET Summary Mayville Engineering Company, Inc. is a prototype business, which is reasonably well diversified. The company posts relatively low and volatile margins, but looks rather cheap. Amidst an interesting bolt-on deal, I am attracted to the shares, but...
2023-06-20 08:48:10 ET Mayville Engineering ( NYSE: MEC ) +5% pre-market Tuesday after saying it agreed to acquire Mid-States Aluminum, a Wisconsin-based manufacturer of custom aluminum extrusions and fabrications, for ~$96M. The deal will accelerate Mayville Engineering...
Acquisition to provide MEC strategic capabilities expansion within lightweight materials Acquisition expected to be immediately accretive, excluding transaction costs, to MEC’s EPS, Adjusted EBITDA and Free Cash Flow at closing MEC to host MSA acquisition conference call an...
2023-06-09 15:45:38 ET Mayville Engineering ( NYSE: MEC ) on Friday was downgraded to Neutral from a prior investment rating of Outperform by analysts at Baird. They said the metal fabricator is seeing a slowdown in its growth rate amid softer demand from customers who make commerci...
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Mayville Engineering Company (NYSE: MEC) is a leading U.S.-based, vertically-integrated, value-added manufacturing partner providing a full suite of manufacturing solutions from concept to production, including design, prototyping and tooling, fabrication, aluminum extrusion, coating, assembly a...
2024-05-22 13:56:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end markets, today announced that President and Chief Executive Officer, Jag Reddy, and Chief Financial ...