Mayville Engineering Company Inc

Mayville Engineering Co., Inc. engages in the manufacture of metal components. The firm offers a broad range of prototyping and tooling, production fabrication, coating, assembly, and aftermarket components. Its customers operate in a diverse end markets, including heavy- and medium-duty commercial vehicle, construction, powersports, agriculture, military, and other end markets. The company was founded by Leo Bachhuber and Ted Bachhuber in 1945 and is headquartered in Mayville, WI.

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Mayville Engineering Company Inc posts strong earnings, eyes growth opportunities

MEC's strong financial performance in Q4 2022 and full year 2022, coupled with robust guidance for 2023, showcase the company's growth trajectory. Strategic initiatives like MBX and Hazel Park expansion present opportunities for revenue growth and margin improvement. However, challenges such as ramp-up costs and potential headwinds may impact short-term margins.

Mayville Engineering Company Inc reports revenue growth and operational challenges

MEC's Q1 2023 performance showed revenue growth in key markets, though challenges like supply chain disruptions impacted profitability. The company's focus on operational excellence and growth opportunities through acquisitions and market demand bode well for future prospects. Despite facing challenges, MEC remains committed to driving growth and efficiency.
The earnings call highlighted MEC's revenue growth in commercial vehicles, military, and powersports markets, alongside efforts to address labor constraints and operational improvements. Challenges like supply chain disruptions and fixed costs were acknowledged, with a focus on seizing growth opportunities through acquisitions and market demand.
MEC's Q1 2023 earnings call showcased revenue growth in key markets, operational challenges, and strategic initiatives for future growth. The company's focus on operational excellence, labor management, and diversification through acquisitions positions it for long-term success. Despite facing headwinds, MEC remains optimistic about its growth trajectory.

MEC reports robust Q2 earnings, eyes growth in high-value markets

MEC's Q2 2023 performance reflects strong free cash flow and revenue growth, with a focus on operational efficiency and debt reduction for long-term stability and growth.
While facing challenges like supply chain disruptions and cost pressures, the company is leveraging opportunities in high-value markets and capacity utilization to drive future success.
With a clear strategy in place and upcoming Investor Day, MEC is poised to enhance transparency, engage investors, and capitalize on growth opportunities in the coming quarters.
Overall, MEC's financial outlook remains positive, supported by strategic initiatives, revenue projections, and efforts to strengthen its market position and financial health.

Mayville Engineering Company posts robust Q3 results amid market challenges

MEC's Q3 performance reflects strong growth and strategic initiatives driving future success. While facing market challenges and cost pressures, the company is well-positioned to capitalize on opportunities in emerging markets and sustainable technologies.

Mayville Engineering Company Inc reports resilient Q4 performance and strategic growth outlook for 2024

MEC's Q4 performance showcased resilience and progress despite challenges, with a strong focus on financial health and strategic growth initiatives.
The company's strengths lie in its ability to navigate market headwinds, drive operational improvements, and capitalize on strategic acquisitions.
Challenges from supply chain disruptions and market trends require proactive management, but MEC's opportunities in market segments and cost management present avenues for growth.
Overall, MEC's outlook for 2024 is positive, supported by solid financial guidance, operational enhancements, and a forward-looking approach to industry trends.

Mayville Engineering Company (MEC) excels in Q1 2024 earnings

MEC's Q1 performance reflects strong financial results, operational improvements, and strategic initiatives driving growth and efficiency.
Despite challenges in certain markets, MEC's diversified portfolio, disciplined approach, and focus on opportunities position the company for continued success.
With a clear focus on financial discipline, operational excellence, and market expansion, MEC remains on track to achieve its 2024 financial guidance.

Mayville Engineering Company (MEC) reports strong Q2 performance and strategic growth focus

Mayville Engineering Company (MEC) showcased a solid performance in Q2 2024, positioning itself well for above-market growth despite market uncertainties. With a clear focus on operational excellence and strategic initiatives, MEC aims to drive growth, reduce debt, and enhance shareholder value through targeted acquisitions and capital allocation strategies.

Mayville Engineering Company Inc (MEC) implements cost-saving measures and eyes revenue growth amidst market recovery

MEC's Q3 performance reflects strategic cost-saving initiatives and margin improvement despite sales decline. With revised guidance for 2024, the company aims for revenue growth, margin expansion, and strong free cash flow generation by 2026. Market conditions are showing signs of recovery, and MEC is poised to navigate challenges and capitalize on opportunities.

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Mayville Engineering Co., Inc. engages in the manufacture of metal components. The firm offers a broad range of design, prototyping and tooling, production fabrication, aluminum extrusion, coating, assembly, and aftermarket components. Its customers operate in a diverse end market, including heavy and medium duty commercial vehicles, construction and access equipment, powersports, agriculture, military, and other end markets. The company was founded by Leo Bachhuber and Ted Bachhuber in 1945 and is headquartered in Milwaukee, WI.

MAYVILLE, Wis.--(BUSINESS WIRE)--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 it has finalized an agreement to open a new manufacturing facility in Hazel Park, Michigan to align production capacity with a new strategic customer relationship. “We are pleased to have finalized our pl

Mayville Engineering Company Finalizes Plans to Open New Facility in Hazel Park, Michigan

MAYVILLE, Wis.--(BUSINESS WIRE)--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

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

Mayville Engineering (MEC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Surging Earnings Estimates Signal Upside for Mayville Engineering (MEC) Stock

Mayville Engineering Company, Inc. (MEC) CEO Robert Kamphuis on Q1 2021 Results - Earnings Call Transcript

MAYVILLE, Wis.--(BUSINESS WIRE)--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 it is expanding its presence in Michigan to align its production capacity with a new strategic customer relationship. “Expanding our manufacturing capacity in Michigan this year is an integral part of our

Mayville Engineering Company Expanding Production Capacity in Michigan

MAYVILLE, Wis.--(BUSINESS WIRE)--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 components, today announced results for the first quarter ended March 31, 2021. First Quarter Highlights: Produced net sales of $112.6 million Recorded net income of $2.5 million Generated Adjusted EBITDA of $13.0 million Company

Mayville Engineering Company, Inc. Announces First Quarter 2021 Results

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Recent Price Trend in Mayville Engineering (MEC) is Your Friend, Here's Why

MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company, Inc. (“MEC”) today announced that it will release financial results for the first quarter 2021 after market close on Tuesday, May 4th, 2021. A conference call will be held on Wednesday, May 5th, 2021 at 9:00 a.m. Central Time and will be hosted by Robert Kamphuis, Chairman, President and Chief Executive Officer and Todd Butz, Chief Financial Officer. For a live Internet webcast of the conference call, visit www.mecinc.com and click

Mayville Engineering Company, Inc. Announces First Quarter 2021 and Earnings Release and Conference Call Information

MAYVILLE, Wis.--(BUSINESS WIRE)--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 it has entered into a long-term agreement with a leading U.S. based fitness company. “We are proud to be working with one of the most innovative pioneers in the world of fitness,” stated Robert D. Ka

Mayville Engineering Company, Inc. Announces New Strategic Customer Relationship

MAYVILLE, Wis.--(BUSINESS WIRE)--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 PACCAR, a global technology leader in the design, manufacture and customer support of high-quality light-, medium-, and heavy-duty trucks under the DAF, Kenworth and Peterbilt brands, has recognized

Mayville Engineering Company Recognized by PACCAR as a Top-Performing Supplier

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Mayville Engineering Company, Inc. (MEC) CEO Robert Kamphuis on Q4 2020 Results - Earnings Call Transcript

MAYVILLE, Wis.--(BUSINESS WIRE)--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 results for the fourth quarter and full year ended December 31, 2020. Fourth Quarter 2020 Highlights: Produced net sales of $95.3 million Recorded net income of $1.0 million Generated Adjusted EBITDA of $

Mayville Engineering Company, Inc. Announces Fourth Quarter and Full Year 2020 Results

Mayville Engineering (MEC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Mayville Engineering (MEC) Report Negative Q4 Earnings? What You Should Know

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MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company, Inc. (“MEC”) today announced that it will release financial results for the fourth quarter 2020 and full year 2020 after market close on Tuesday, March 2nd, 2021. A conference call will be held on Wednesday, March 3rd, 2021 at 9:00 a.m. Central Time and will be hosted by Robert Kamphuis, Chairman, President and Chief Executive Officer and Todd Butz, Chief Financial Officer. For a live Internet webcast of the conference call, visit w

Mayville Engineering Company, Inc. Announces Fourth Quarter 2020 and Full Year 2020 Earnings Release and Conference Call Information

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MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company, Inc. (NYSE: MEC) (“MEC”) today announced that the Board of Directors has elected Jennifer Kent as a director of the Company. The Company also announced that current director Craig E. Johnson will not seek reelection and will retire from the Board at the end of his current term expiring at the 2021 annual meeting of shareholders. Mr. Johnson has been serving as a director since 2006. “With over 20 years of broad business and leadersh

Mayville Engineering Company, Inc. Announces Appointment of Jennifer Kent to Board of Directors

MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company, Inc. (NYSE: MEC) (“MEC”) is proud to announce their ranking as number 39 on the list of the largest closely held companies in the state of Wisconsin. This is the 17th consecutive year that MEC has received this recognition. The Wisconsin 75 program is an annual listing of the largest closely held companies headquartered in Wisconsin. The distinguished program recognizes business contributions to the communities in which the firms op

Mayville Engineering Company, Inc. Named to Wisconsin 75

MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company, Inc. (“MEC”) today announced that the company will present at the Baird Global Virtual Industrial Conference on Thursday, November 12th at 1:35 PM CT. Participating on behalf of MEC will be Robert Kamphuis, Chairman, President and Chief Executive Officer, Todd Butz, Chief Financial Officer, and Ryan Raber, Executive Vice President – Strategy, Sales, & Marketing. For a live Internet webcast of the presentation, please visit www.m

Mayville Engineering Company, Inc. to Present at the Baird Global Virtual Industrial Conference

Mayville Engineering Company, Inc. (MEC) CEO Robert Kamphuis on Q3 2020 Results - Earnings Call Transcript

Mayville Engineering (MEC) delivered earnings and revenue surprises of 0.00% and 4.39%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Mayville Engineering (MEC) Reports Q3 Loss, Tops Revenue Estimates

MAYVILLE, Wis.--(BUSINESS WIRE)--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 results for the third quarter ended September 30, 2020. Third Quarter Highlights: Produced net sales of $91.1 million Recorded a net loss of $1.1 million Generated Adjusted EBITDA of $9.8 million, or 10.8

Mayville Engineering Company, Inc. Announces Third Quarter 2020 Results

Mayville Engineering (MEC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Mayville Engineering (MEC) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

MAYVILLE, Wis.--(BUSINESS WIRE)--Mayville Engineering Company, Inc. (“MEC”) today announced that it will release financial results for the third quarter 2020 after market close on Monday, November 2nd, 2020. A conference call will be held on Tuesday, November 3rd, 2020 at 9:00 a.m. Central Time and will be hosted by Robert Kamphuis, Chairman, President and Chief Executive Officer and Todd Butz, Chief Financial Officer. For a live Internet webcast of the conference call, visit www.mecinc.com and

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