Company Mayville Engineering Company, Inc.

Equities

MEC

US5786051079

Auto, Truck & Motorcycle Parts

Market Closed - Nyse 04:00:02 2024-04-18 pm EDT 5-day change 1st Jan Change
13.55 USD +1.19% Intraday chart for Mayville Engineering Company, Inc. -2.31% -6.03%

Business Summary

Mayville Engineering Company, Inc. is a 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. Its customers operate in diverse end markets, such as heavy-and medium-duty commercial vehicles, construction and access equipment, powersports, agriculture, military and other end markets. Its capabilities include metal fabrication, metal stamping, aluminum extrusion and fabrication, tube bending and forming, robotic part forming, robotic welding, resistance welding, five-axis tube and fiber laser cutting and custom coatings, including high heat and chemical agent resistant coating painting, are used in a variety of applications. It serves its customers through 23 strategically located United States facilities, across seven states, with over three million square feet of manufacturing capacity.

Number of employees: 2,500

Sales per Business

USD in Million2022Weight2023Weight Delta
Fabrication
58.2 %
324 60.1 % 343 58.2 % +5.69%
Performance Structures
23.3 %
110 20.4 % 137 23.3 % +24.51%
Tube
13.0 %
74 13.7 % 76 13.0 % +3.32%
Tank
7.5 %
38 7.1 % 44 7.5 % +14.91%
Intercompany Sales Elimination
-3.5 %
-16 -3.0 % -20 -3.5 % +24.49%
Outdoor Sports
1.5 %
9 1.8 % 9 1.5 % -5.06%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
100.0 %
539 100.0 % 588 100.0 % +9.09%

Managers

Managers TitleAgeSince
Chief Executive Officer 53 22-07-18
Director of Finance/CFO 52 07-12-31
General Counsel 53 23-01-24
Corporate Officer/Principal - 20-12-31
Sales & Marketing 41 08-12-31
Human Resources Officer 47 23-03-12

Members of the board

Members of the board TitleAgeSince
Director/Board Member 52 20-12-02
Director/Board Member 73 15-12-31
Director/Board Member 64 08-06-30
Chairman 65 16-05-31
Director/Board Member 69 13-10-31
Director/Board Member 63 22-12-20
Chief Executive Officer 53 22-07-18

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 21,907,800 19,500,566 ( 89.01 %) 1,542,893 ( 7.043 %) 89.01 %

Shareholders

NameEquities%Valuation
Greatbanc Trust Co.
27.92 %
5,684,879 27.92 % 81 M $
Allspring Global Investments LLC
12.89 %
2,624,687 12.89 % 38 M $
BlackRock Advisors LLC
3.519 %
716,710 3.519 % 10 M $
Tocqueville Asset Management LP
3.145 %
640,400 3.145 % 9 M $
Royce & Associates LP
3.123 %
635,963 3.123 % 9 M $
500,880 2.460 % 7 M $
Vanguard Fiduciary Trust Co.
2.449 %
498,715 2.449 % 7 M $
Dimensional Fund Advisors LP
1.917 %
390,476 1.917 % 6 M $
Ancora Advisors LLC (Subfiler)
1.214 %
247,180 1.214 % 4 M $
Geode Capital Management LLC
1.136 %
231,443 1.136 % 3 M $

Company contact information

Mayville Engineering Co., Inc.

135 South 84th Street Suite 300

53214, Milwaukee

+(414) 381-2860

http://www.mecinc.com
address Mayville Engineering Company, Inc.(MEC)
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