Mayville Engineering Company to Ring New York Stock Exchange Closing Bell to Celebrate Five Years as a Public Company

Rhea-AI Summary

Mayville Engineering Company (NYSE: MEC) will ring the NYSE closing bell on May 14, 2024, celebrating its five-year anniversary as a public company. This event precedes MEC's 80th anniversary next year. As a leading provider of design, prototyping, and manufacturing solutions, MEC has achieved significant growth and market leadership. President and CEO Jag Reddy attributed the company's success to the collective efforts of employees, customers, partners, and investors. The event will be broadcasted live on the NYSE website.

Positive

• MEC is celebrating five years as a public company, indicating stability and growth.
• Ringing the NYSE closing bell is a prestigious event that can enhance the company's visibility.
• MEC has grown to be a market leader in design, engineering, and fabrication solutions.
• The company serves global, high-performance OEM brands, suggesting a strong client base.
• MEC's 80th anniversary next year highlights its long-standing presence in the market.

Negative

• The press release lacks specific financial data and growth metrics, which may concern detailed-oriented investors.
• No mention of recent financial performance or quarterly results, leaving a gap in understanding current profitability and revenues.
• The event is largely ceremonial and may not have a direct positive impact on the stock price.

MILWAUKEE--(BUSINESS WIRE)-- Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading value-added provider of design, prototyping, and manufacturing solutions serving diverse end markets, will ring the closing bell at the New York Stock Exchange (NYSE) on Tuesday, May 14, 2024, in celebration of five-years of being a public company, ahead of its 80-year anniversary next year. “MEC has grown to become a market-leading, vertically integrated provider of best-in-class design, engineering, and fabrication solutions to global, high-performance OEM brands,” stated Jag Reddy, President and CEO. “As we prepare to commemorate this milestone, we want to thank our employees, customers, partners, and investors, each of whom has had a hand in our collective success.”

Interested parties may tune into broadcast media coverage of the bell and a live stream on the NYSE’s website at https://www.nyse.com/bell.

ABOUT MAYVILLE ENGINEERING COMPANY

Founded in 1945, 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 and aftermarket components. Our customers operate in diverse end markets, including heavy- and medium-duty commercial vehicles, construction & access equipment, powersports, agriculture, military and other end markets. Along with process engineering and development services, MEC maintains an extensive manufacturing infrastructure with 23 facilities across seven states. These facilities make it possible to offer conventional and CNC (computer numerical control) stamping, shearing, fiber laser cutting, forming, drilling, tapping, grinding, tube bending, machining, welding, assembly, and logistic services. MEC also possesses a broad range of finishing capabilities including shot blasting, e-coating, powder coating, wet spray and military grade chemical agent resistant coating (CARC) painting. For more information, please visit www.mecinc.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240514774591/en/

MEDIA CONTACT

Lisa Maloney

414.381.2809

lisa.maloney@mecinc.com



INVESTOR CONTACT

Stefan Neely or Noel Ryan

615.844.6248

MEC@val-adv.com

Source: Mayville Engineering Company

FAQ

When will Mayville Engineering Company ring the NYSE closing bell?

Mayville Engineering Company will ring the NYSE closing bell on May 14, 2024.

What is Mayville Engineering Company celebrating by ringing the NYSE bell?

Mayville Engineering Company is celebrating its five-year anniversary as a public company.

How can I watch Mayville Engineering Company ring the NYSE closing bell?

The event will be broadcasted live on the NYSE website at https://www.nyse.com/bell.

What does Mayville Engineering Company specialize in?

Mayville Engineering Company specializes in design, prototyping, and manufacturing solutions for diverse end markets.

Who is the CEO of Mayville Engineering Company?

Jag Reddy is the President and CEO of Mayville Engineering Company.