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Miller Industries Inc V.MLR


Primary Symbol: MLR

Consumer Cyclical Auto Parts
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 > the merger
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Post by Contrarian333on Nov 20, 2018 1:22pm
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Post# 29000677

the merger

the mergerNot sure I love the idea of the merger -  diluting our interest in a now producing asset for a bit of cash and some prospective other projects.
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