Mayville Engineering Company, Inc. Named to Wisconsin 75

Rhea-AI Summary

Mayville Engineering Company (NYSE: MEC) has been recognized as the 39th largest closely held company in Wisconsin for the 17th consecutive year. This ranking is part of the Wisconsin 75 program, highlighting significant contributions to the local economy. MEC operates 20 facilities across seven states and is approximately 60% employee-owned, with over 2,000 employee shareholders. The company's manufacturing capabilities span various industries, including commercial vehicles, construction, and military. This acknowledgment reflects the hard work and dedication of its employee shareholders amidst a challenging year.

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• Ranked 39th among the largest closely held companies in Wisconsin, marking the 17th consecutive year of recognition.
• Approximately 60% employee-owned with over 2,000 employee shareholders, indicating strong employee engagement and investment.
• Operates 20 facilities across seven states, showcasing extensive manufacturing capacity and geographic reach.

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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 17^th 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 operate, the individuals who shape the business and the overall Wisconsin economy.

“We are proud to be recognized once again and be part of such a fantastic group of companies,” said Robert D. Kamphuis, Chairman, President and CEO of Mayville Engineering Company. “This recognition is a testament to the ongoing dedication to excellence exhibited by our employee shareholders every day. This has been a year like no other, and our teams have risen to the challenges we have faced and consistently delivered for our customers.”

MEC has extensive manufacturing operations in Wisconsin with several facilities located in Mayville, Beaver Dam, Neillsville and Wautoma. Overall, the company operates 20 facilities in seven states with nearly 3,000,000 sq. ft. of manufacturing space.

MEC is approximately 60% employee-owned with over 2,000 employee shareholders.

The Company completed a public offering in May 2019 and is listed on the New York Stock Exchange under the symbol “MEC”. Public companies are eligible when more than 50 percent of the value or vote of the shares are owned by individuals, family, ESOP, or private equity.

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. For more information, please visit www.mecinc.com.