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

<< Previous

Bullboard Posts

Next >>

Comment by westcoast1000on Nov 20, 2018 1:45pm

217 Views

Post# 29000831

RE:the merger

Well, I have the same concerns, although as I said below I decided to support it. The reality is: the major owners have signed off on it. Unless they got some inducement that we did not recieve, then I take it they see it as a good sign. The merger does fit with their strategy of building a bigger company.

<< Previous

Bullboard Posts

Next >>

3 Mid-Sized Stocks to Consider This Season