Miller Industries Inc V.MLR

Primary Symbol: MLR

Industrials

Miller Industries, Inc. is a manufacturer of towing and recovery equipment. The Company designs and manufactures bodies of car carriers and wreckers, which are installed on chassis manufactured by third parties, and sold to its customers. Its products are marketed and sold through a network of distributors that serve all 50 states, Canada, Mexico, and other foreign markets, and through prime contractors to governmental entities. In addition to selling its products, its independent distributors provide end-users with parts and service. Its product line includes car carriers, wreckers, and transport trailers. Car carriers are specialized flat-bed vehicles with hydraulic tilt mechanisms that enable a towing operator to drive or winch a vehicle onto the bed for transport. Its multi-vehicle transport trailers are specialized auto transport trailers with upper and lower decks and hydraulic ramps for loading vehicles. Its brands include Century, Vulcan, Chevron, Holmes, and Challenger.

NYSE:MLR - Post by User

Miller Industries Inc

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Comment by daydream1on Aug 23, 2012 8:20am

130 Views

Post# 20250823

RE: RE: RE: Capstone (CS)

MLR should take a note of Mark Carney address to corporate Canada and to "free up dead money".

My opinion of MLR is that it is just a sitting duck. At the moment there is plenty of valued resources company presently trading at bargain price that could very well use MLR cash and tax losses. It seems to me that MLR's management which consists of one absent CEO and a part time CFO have other fish to fry. A RTO with CS or NCU or with any of Pala’s invested companies would be the best option. Why keep MLR money and tax losses value go to waist. Shows you that with MLR there is no one at the switch.

Goodluck

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