Myers Group LLC history

In 1914, Myers sold his company to Middle West Utilities; yet he and his organization were retained.

In the 1930’s as the Great Depression began to take its toll, Myers, along with two other businessmen – Newton Rich and L.T. Allen purchased L.E. Myers from Middle West Utilities; thus reclaiming the company.

In the ensuing decades, this core interest expanded into a full-scale, nationwide distribution operation offering, as the corporate slogan stated, "Everything for the Tire Dealer." Its catalog, launched in 1937, soon became known as the "bible" of the retreading industry.

The growing family firm incorporated in 1955.

It manufactured adhesives, cleaners, pre-cured treads, cord stocks, and repair patches. It began manufacturing its own products in 1964 and would later expand overseas.

Myers acquired Cleveland's James C. Heintz Company, a high-ranking manufacturer of molds, presses, rims, and parts for tire and retread makers, in 1968.

In 1969, Myers acquired Elrick Industries, Inc., a manufacturer of curing rims and tire-changing stands headquartered in Oakland, California.

Myers Industries has been traded publicly since 1971 and is listed on the American Stock Exchange under the symbol MYE."

Founded in Akron and moved to North Carolina in 1978, Patch would grow to become one of the country's biggest producers of tire repair kits.

Having logged more than a dozen years of experience at the family firm, Stephen L. Myers, son of Louis Myers, advanced to president and CEO in 1980.

Myers Industries was listed on the American Stock Exchange in 1983.

Ameri-Kart Corp., a producer of municipal, industrial, and commercial waste handling and collection products, was acquired in 1995.