Benzinga | Feb 24, 2021 08:40AM EST

Myers Industry Announces 8% Price Increase Effective March 1, 2021 Across Majority Of Portfolio

Myers Industries Announces Price Increase

Myers Industries, Inc. (NYSE:MYE), a manufacturer of polymer products and distributor for the tire, wheel, and under-vehicle service industry, today announced an 8% price increase effective March 1, 2021 across a majority of its portfolio of products, including those sold by Akro-Mils, Ameri-Kart, Buckhorn, Elkhart Plastics, Jamco Products, Patch Rubber Company, and Scepter. The price increase is in response to rapidly rising raw material costs, primarily resin.