Análisis PESTLE de Myers Industries, Inc. (MYE) [Actualizado en enero de 2025]

En el panorama dinámico de la fabricación industrial, Myers Industries, Inc. (MYE) se encuentra en una coyuntura crítica, navegando por una compleja red de desafíos y oportunidades globales. Este análisis integral de mortero presenta los factores externos multifacéticos que dan forma a la trayectoria estratégica de la compañía, desde intrincados paisajes políticos y fluctuaciones económicas hasta innovaciones tecnológicas e imperativas ambientales. Al diseccionar estas dimensiones críticas, ofrecemos una exploración esclarecedora de cómo Myers Industries está posicionada para adaptarse, innovar y prosperar en un ecosistema comercial cada vez más interconectado y en rápida evolución.

Myers Industries, Inc. (MYE) - Análisis de mortero: factores políticos

Impacto potencial de las políticas comerciales en la fabricación y distribución

A partir de 2024, las políticas comerciales de EE. UU. Afectan directamente la fabricación de productos de plástico y caucho de Myers Industries. Las tarifas actuales de la Sección 301 sobre las importaciones chinas varían de 7.5% a 25% para componentes industriales.

Impacto en la política comercial	Porcentaje	Aumento de costos estimado
Aranceles de importación chinos	7.5% - 25%	$ 2.3 millones anualmente
Deberes de importación de materia prima	10.2%	$ 1.7 millones por año

Cambios regulatorios en el sector de fabricación industrial

Las regulaciones de la EPA de 2024 exigen un cumplimiento ambiental más estricto para los procesos de fabricación.

• Costos de cumplimiento estimados en $ 650,000 anuales
• Inversión requerida en tecnología de reducción de emisiones: $ 1.2 millones
• Posibles multas por incumplimiento: hasta $ 250,000 por violación

Oportunidades de gasto de infraestructura gubernamental

La Ley de Inversión y Empleos de Infraestructura de 2021 asigna una financiación significativa que potencialmente beneficia a los mercados de suministro industrial.

Categoría de gasto de infraestructura	Asignación total	Impacto potencial en el mercado de Mye
Infraestructura de transporte	$ 284 mil millones	Se estima los ingresos potenciales de $ 42 millones
Infraestructura de fabricación	$ 52 mil millones	Estimados de $ 8.5 millones de ingresos potenciales

Aranceles y acuerdos comerciales internacionales

Los acuerdos comerciales internacionales actuales afectan significativamente los costos de las materias primas y el acceso al mercado global.

• USMCA reduce los aranceles de importación en un 6.5% para ciertos componentes industriales
• Ahorro de costos potenciales: aproximadamente $ 1.1 millones anuales
• Fluctuaciones de precios de materia prima global actual: 4.3% Varianza

Myers Industries, Inc. (MYE) - Análisis de mortero: factores económicos

Los precios fluctuantes de las materias primas

A partir del cuarto trimestre de 2023, Myers Industries experimentó la volatilidad del costo de las materias primas en sus segmentos de fabricación. Los precios de la resina de polímeros fluctuaron entre $ 1.20 y $ 1.85 por libra, lo que afectó directamente las estructuras de costos de fabricación.

Materia prima	Precio promedio (2023)	Varianza de precio
Resina de polímero	$ 1.52/libra	±18.4%
Componentes de acero	$ 0.87/libra	±12.6%
Aluminio	$ 2.33/libra	±15.2%

Impacto del crecimiento del sector industrial

El sector de fabricación industrial demostró 2.7% de crecimiento en 2023, Potencialmente las oportunidades de mercado para expandir las líneas de productos de Myers Industries.

Indicador económico	Valor 2023	Crecimiento proyectado 2024
Índice de producción industrial	103.6	2.9%
Utilización de la capacidad de fabricación	76.8%	77.3%

Evaluación de presiones de recesión

Los indicadores económicos actuales sugieren posibles desafíos recesivos. El gasto industrial discrecional mostró una contracción del 1.5% en el cuarto trimestre de 2023.

Variaciones de tasa de interés

Las tasas de interés de la Reserva Federal a partir de enero de 2024 se mantuvieron en un 5,33%, lo que impactó las estrategias de inversión de capital de Myers Industries.

Métrica financiera	Valor 2023	2024 proyección
Costo de préstamo de la empresa	6.2%	5.9%
Presupuesto de inversión de capital	$ 22.3 millones	$ 23.7 millones

Myers Industries, Inc. (MYE) - Análisis de mortero: factores sociales

El aumento de la conciencia de seguridad en el lugar de trabajo impulsa la demanda de seguridad industrial y equipos de protección

Según la Oficina de Estadísticas Laborales de EE. UU., Las tasas de lesiones en el lugar de trabajo en los sectores de fabricación fueron 3.3 incidentes por cada 100 trabajadores a tiempo completo en 2022. El mercado global de equipos de seguridad industrial se valoró en $ 4.2 mil millones en 2023, con una CAGR proyectada de 5.7% hasta 2028 .

Segmento del mercado de equipos de seguridad	Valor de mercado 2023	Tasa de crecimiento proyectada
Equipo de protección personal	$ 1.8 mil millones	6.2%
Equipo de seguridad	$ 1.5 mil millones	5.4%
Ropa protectora	$ 0.9 mil millones	5.1%

Cambio de la demografía de la fuerza laboral impactan la disponibilidad laboral y los requisitos de habilidades

La edad media de la fuerza laboral de fabricación de EE. UU. Fue de 45.3 años en 2022. Los Millennials y la Generación Z ahora constituyen el 46.8% de la fuerza laboral de fabricación, con una brecha de habilidades estimada en 2.1 millones de posiciones sin llenar para 2030.

Demográfico de la fuerza laboral	Porcentaje	Competencia de habilidades promedio
Baby boomers	22.4%	Alto
Gen X	30.8%	Medio-alto
Millennials	33.5%	Medio
Gen Z	13.3%	Bajo en medio

La creciente conciencia de sostenibilidad influye en el diseño de productos y procesos de fabricación

El 78% de los consumidores prefieren productos ambientalmente responsables. El mercado de fabricación sostenible se estimó en $ 5.6 billones a nivel mundial en 2023, con una tasa de crecimiento proyectada de 6.1% anual.

Métrica de sostenibilidad	Valor 2023	Cambio año tras año
Uso de material reciclado	24.3%	+3.2%
Reducción de emisiones de carbono	18.7%	+2.9%
Mejoras de eficiencia energética	22.5%	+3.5%

Preferencia del consumidor por productos industriales ambientalmente responsables que ganan prominencia

La participación en el mercado de productos verdes aumentó al 16.8% en los sectores industriales durante 2023. La disposición del consumidor para pagar la prima por productos sostenibles alcanzó el 62% en las industrias relacionadas con la fabricación.

Categoría de productos	Cuota de mercado verde	Aceptación de Precio Premium
Equipo industrial	14.6%	58%
Productos de seguridad	17.3%	65%
Soluciones de embalaje	19.2%	67%

Myers Industries, Inc. (MYE) - Análisis de mortero: factores tecnológicos

Oportunidades de automatización y transformación digital en procesos de fabricación

Myers Industries invirtió $ 3.2 millones en tecnologías de automatización en 2023, apuntando a un aumento del 22% en la eficiencia de fabricación. La compañía desplegó 14 sistemas robóticos en sus instalaciones de producción, reduciendo los costos laborales manuales en aproximadamente un 17%.

Inversión tecnológica	Cantidad de 2023	Mejora de la eficiencia
Sistemas robóticos	$ 1.7 millones	15.3%
Software de fabricación digital	$850,000	12.6%
Integración de IoT	$650,000	9.4%

Inversión en investigación y desarrollo de materiales avanzados para la innovación de productos

Los gastos de I + D para materiales avanzados alcanzaron $ 4.5 millones en 2023, lo que representa el 3.8% de los ingresos totales de la compañía. Las áreas de enfoque clave incluyen compuestos de polímeros y desarrollo de materiales sostenibles.

Área de enfoque de I + D	Inversión	Solicitudes de patentes
Compuestos de polímero	$ 2.1 millones	7 aplicaciones
Materiales sostenibles	$ 1.6 millones	5 aplicaciones
Técnicas de fabricación avanzadas	$800,000	3 aplicaciones

Tecnologías de fabricación emergentes potencialmente mejorando la eficiencia de producción

Implementación de tecnología de impresión 3D Aumento de la flexibilidad de producción en un 28%, con $ 1.2 millones invertidos en equipos de fabricación aditivos en 2023.

• La precisión de fabricación de precisión mejoró en un 16%
• Tiempo de desarrollo de prototipo reducido en un 35%
• Los desechos materiales disminuyeron en un 22%

Plataformas digitales y distribución de comercio electrónico y canales de participación del cliente

Los canales de ventas digitales generaron $ 42.6 millones en ingresos durante 2023, lo que representa un crecimiento año tras año. Las inversiones en plataforma de comercio electrónico totalizaron $ 1.5 millones.

Canal digital	Ganancia	Índice de crecimiento
Plataforma en línea B2B	$ 28.3 millones	32%
Plataforma directa al consumidor	$ 14.3 millones	22%

Myers Industries, Inc. (MYE) - Análisis de mortero: factores legales

Cumplimiento de las regulaciones ambientales en procesos de fabricación

Myers Industries, Inc. incurrió en $ 425,000 en costos de cumplimiento ambiental en 2023. La compañía reportó 3 violaciones ambientales menores con multas regulatorias totales de $ 87,500.

Métrica de cumplimiento ambiental	2023 datos
Gasto total de cumplimiento	$425,000
Número de violaciones ambientales	3
Multas regulatorias totales	$87,500

Protección potencial de propiedad intelectual para diseños innovadores de productos

Estado de cartera de patentes: Myers Industries tenía 42 patentes activas a diciembre de 2023, con 7 nuevas solicitudes de patentes presentadas durante el año fiscal.

Métrica de propiedad intelectual	2023 datos
Patentes activas totales	42
Nuevas solicitudes de patentes	7
Gastos legales relacionados con la patente	$213,000

Requisitos de cumplimiento de la regulación laboral y de seguridad laboral en el lugar de trabajo

OSHA reportó 17 incidentes en el lugar de trabajo para Myers Industries en 2023, con reclamos de compensación de trabajadores totales por valor de $ 392,750.

Métrica de seguridad en el lugar de trabajo	2023 datos
Incidentes totales reportables de OSHA	17
Reclamaciones de compensación de trabajadores	$392,750
Gasto de capacitación de cumplimiento de seguridad	$156,000

Responsabilidad del producto y control de calidad consideraciones legales

Myers Industries enfrentó 4 reclamos de responsabilidad del producto en 2023, con costos totales de liquidación legal de $ 675,000.

Métrica de responsabilidad del producto	2023 datos
Reclamaciones totales de responsabilidad del producto	4
Costos legales de liquidación	$675,000
Gastos legales de control de calidad	$247,500

Myers Industries, Inc. (MYE) - Análisis de mortero: factores ambientales

Creciente énfasis en prácticas y materiales de fabricación sostenible

Myers Industries, Inc. informó un aumento del 12.7% en el uso de material sostenible en 2023, con $ 4.3 millones invertidos en procesos de fabricación ecológicos. El informe de sostenibilidad de la compañía indica una reducción del 22% en el consumo de plástico virgen en comparación con 2022.

Métrica de sostenibilidad	Valor 2022	Valor 2023	Cambio porcentual
Uso de material sostenible	$ 3.8 millones	$ 4.3 millones	Aumento del 12,7%
Consumo de plástico virgen	1.250 toneladas métricas	975 toneladas métricas	Reducción del 22%

Reducción de la huella de carbono e implementación de tecnologías de fabricación verde

En 2023, Myers Industries invirtió $ 6.2 millones en tecnologías de fabricación verde, lo que resultó en una reducción del 17.5% en las emisiones de carbono en las instalaciones de fabricación.

Métrica de reducción de carbono	2022 emisiones	2023 emisiones	Porcentaje de reducción
Emisiones totales de carbono	42,500 toneladas métricas CO2E	35,062 toneladas métricas CO2E	17.5% Reducción
Inversión en tecnología verde	$ 4.8 millones	$ 6.2 millones	Aumento del 29.2%

Iniciativas de gestión de residuos y reciclaje en la fabricación de productos industriales

Myers Industries logró una tasa de reciclaje de desechos del 31.4% en 2023, desviando 2.750 toneladas métricas de desechos industriales de los vertederos. El programa de reciclaje de la compañía generó $ 1.6 millones en ingresos a partir de materiales recuperados.

Métrica de gestión de residuos	Valor 2022	Valor 2023	Cambio porcentual
Tasa de reciclaje de residuos	24.6%	31.4%	27.6% de aumento
Desechos desviados	2,150 toneladas métricas	2.750 toneladas métricas	27.9% de aumento
Ingresos de reciclaje	$ 1.2 millones	$ 1.6 millones	Aumento del 33.3%

Inversiones potenciales en energía renovable y métodos de producción de eficiencia energética

Myers Industries comprometió $ 5.7 millones a la infraestructura de energía renovable en 2023, con instalaciones solares que ahora cubren el 35% de las necesidades de energía de las instalaciones de fabricación. La compañía proyecta una cobertura de energía renovable del 42% para 2025.

Métrica de energía renovable	Valor 2022	Valor 2023	Proyección 2025
Inversión de energía renovable	$ 3.9 millones	$ 5.7 millones	$ 8.2 millones
Cobertura de energía de la instalación	22%	35%	42%

Myers Industries, Inc. (MYE) - PESTLE Analysis: Social factors

Consumer demand for sustainable products and packaging is a core expectation.

You can't talk about manufacturing in 2025 without leading with sustainability-it's a non-negotiable expectation, not a nice-to-have. For Myers Industries, a plastics and polymer product manufacturer, this means a direct focus on a circular economy (reusing materials) to satisfy both industrial and consumer buyers. The company's ESG (Environmental, Social, and Governance) strategy is built on three pillars: Products, Planet, and People, with a clear focus on Circular and Sustainable Products. This isn't just talk; it's a measurable part of their operations.

In the most recent available data, Myers Industries reincorporated 24% of plastic scrap from its manufacturing processes back into production across all its businesses. That's a huge operational commitment. Specifically, the Buckhorn facility in Springfield, Missouri, incorporated 19 million pounds of regrind (recycled plastic) into its products, which represented 24% of its total high-density polyethylene (HDPE) usage. The pressure is on to expand these metrics in 2025 and beyond.

• Embed more recycled content in product lines.
• Reduce reliance on virgin materials for cost and environmental reasons.
• Convert customers to sustainable packaging options.

Increased consumer budget-consciousness drives demand for value and low-cost brands.

Honest look: the consumer is still feeling the pinch in late 2025. This budget-consciousness directly impacts Myers Industries' revenue mix, particularly in its more consumer-facing segments. The company's Q3 2025 earnings outlook reflected this reality, anticipating continued softness in the Vehicle, Consumer (which is about 11% of total sales), and Automotive Aftermarket (about 25% of total sales) end markets.

When consumers pull back, they look for value and durability over premium features, which favors Myers Industries' core strength in robust, long-lasting storage and material handling solutions. The company's strategic response is to aggressively cut costs to maintain competitive pricing and protect margins. They are on track to deliver $20 million in annualized cost savings, primarily in SG&A (Selling, General, and Administrative expenses), by the end of the 2025 fiscal year. That's how you keep your value proposition strong when demand is soft.

Here's a quick math on the market segments facing headwinds, based on Q3 2025 end-market outlook:

End Market Segment	Approximate % of Sales	2025 Outlook (Q3)	Impact on Value Demand
Consumer	11%	Continued Softness/Decline	Drives demand for lower-cost storage/home organization brands.
Vehicle	12%	Anticipated Decline	Leads to delayed purchases of accessories and related products.
Automotive Aftermarket	25%	Forecasted Decline Further	Shifts customer focus to essential, value-priced repair/service items.

Labor market focus is on creating a 'culture of execution and accountability.'

The labor market isn't just about wages; it's about productivity and culture now. Myers Industries' primary response to this social factor is its 'Focused Transformation' initiative, launched in 2025. This is a clear move to standardize operations and drive efficiency, which is essential for a diversified industrial company. The goal is to get more out of the existing workforce and structure.

The core of this initiative is to 'Create Performance Culture' by instilling a relentless commitment to continuous improvement and a focus on execution and accountability. This shift is already visible in operational decisions. For instance, the company is idling two rotational molding production facilities in Alliance, Ohio, to consolidate production into other locations. This action is expected to result in annualized savings of at least $3 million and aligns operations with market demand, showing a hard-nosed focus on efficiency.

Shifting customer habits necessitate aggressive expansion of e-commerce channels.

The days of only selling industrial products through traditional distributors are over. You have to meet the customer where they are, and that's online. Myers Industries recognizes this, viewing its e-commerce expansion as crucial to growing its Material Handling and Distribution segments faster than the market average.

The company is leveraging major online channels like Amazon, where it has been selling since 2013. While specific e-commerce revenue figures are not disclosed, the channel is confirmed to be growing faster than the industry average. This digital focus is vital because the Material Handling segment, which includes many of the e-commerce-friendly products like storage bins and containers, is a key growth engine. In Q3 2025, this segment's net sales increased by 1.9% to $153.5 million, with adjusted operating income surging by 15.4% to $28.0 million. Continued investment in their 'power brands' like Akro-Mils and Scepter through these digital channels is defintely a core strategy to fuel future growth.

Next Step: Finance and Operations need to quantify the percentage of Material Handling revenue currently flowing through e-commerce channels by year-end 2025 to better allocate digital marketing spend.

Myers Industries, Inc. (MYE) - PESTLE Analysis: Technological factors

Consolidating rotational molding facilities to improve asset utilization and cut costs.

You're watching Myers Industries, Inc. (MYE) make a smart, surgical move to shore up its manufacturing base, and it's a clear win for efficiency. The company is actively consolidating its rotational molding capacity, which is a key part of its 'Focused Transformation' program. This isn't just shuffling boxes; it's using technology and process improvements to reduce its physical footprint.

Specifically, Myers Industries is idling two rotational molding production facilities in Alliance, Ohio, and shifting that work to other existing locations. This action is designed to better utilize the company's remaining production assets. The financial payoff is tangible: this consolidation is expected to generate annualized savings of at least $3 million. This is a direct, structural cost reduction that goes straight to the bottom line, and it's part of the larger goal to achieve $20 million in total annualized cost savings, primarily in Selling, General, and Administrative (SG&A) expenses, by the end of the 2025 fiscal year.

Here's the quick math on the major cost-saving initiatives for 2025:

Cost Reduction Initiative	2025 Annualized Savings Target	Status as of Q3 2025
Rotational Molding Consolidation	At least $3 million	Identified and in progress
Total Focused Transformation Program (Primarily SG&A)	$20 million	$19 million in structural reductions identified

Expanding e-commerce presence, including on Amazon, for faster-than-market sales growth.

The digital channel is defintely where growth lives, and Myers Industries is leaning hard into e-commerce to capture market share faster than the industry average. This strategic technological push is critical for their Material Handling and Distribution segments, which rely on broad customer reach.

The core of this strategy is leveraging major online platforms like Amazon, where the company has been active since 2013. They are continuously increasing product listings for key brands like Akro-Mils, Scepter, and Jamco. This is a necessary move because Amazon holds a dominant 39.2% share of the US e-commerce market, making it the essential digital storefront for reaching a diverse customer base, from industrial buyers to individual consumers.

The e-commerce expansion is not just about listing products; it's about using the platform's technology to launch new lines and grow the distribution segment. We are seeing new Roto and Scepter products being introduced on Amazon, which helps the company bypass traditional distribution bottlenecks and directly fuel future growth.

Implementing a new strategic deployment tool to standardize planning and objective setting.

Myers Industries recognized that fragmented planning across multiple business units was a drag on efficiency. To fix this, they implemented the Atlas Planning Platform from John Galt Solutions, a powerful supply chain planning software (a strategic deployment tool).

This technology is designed to integrate disparate Enterprise Resource Planning (ERP) systems across their six business groups, which is a huge undertaking. The implementation, which took about six months and was rolled out in phases-starting with demand planning, then supply and inventory planning, and finally optimization-has been a success.

The tool's key technological benefit is creating a uniform supply chain view with common metrics, moving the organization toward a single, integrated business plan that aligns both operations and finance. This standardization elevates decision-making and eliminates redundancy. The next technological step for the company is to use the Atlas tool for advanced 'what-if' scenarios, which will help them model and manage potential supply chain disruptions and uncertainty.

Continuous product innovation in polymer and metal solutions is key to competitive edge.

Technological innovation in materials and manufacturing processes is the lifeblood of Myers Industries' competitive edge, especially since the Material Handling segment-their core business-constitutes roughly 70 percent of their revenue. Their strength lies in their advanced manufacturing capabilities, utilizing all major plastic production technologies:

• Injection Molding
• Blow-Molding
• Rotational Molding
• Thermo-Forming

This flexibility allows for continuous product innovation, which is a core pillar of their 2025 growth strategy. For example, new polymer product launches in 2025 include the Schwig's Garden Box for the consumer market and the E-Series Intermediate Bulk Container (IBC), alongside new Vertical Water Storage Tanks. Furthermore, the company is using its polymer expertise to explore new markets, such as showcasing specialized polymer packaging for large-caliber ammunition at the DSEI 2025 defense exhibition in Europe, demonstrating how their material science capabilities translate directly into new revenue opportunities.

Myers Industries, Inc. (MYE) - PESTLE Analysis: Legal factors

Strategic Review and Divestiture of Myers Tire Supply

You need to understand that Myers Industries, Inc. is actively simplifying its business portfolio, and this strategic shift carries significant legal and transactional implications. The Board of Directors approved a strategic review of the Myers Tire Supply business, a move that will defintely streamline the portfolio to focus on core manufacturing segments.

This is not just a theoretical exercise; it's a clear, actionable plan. In the third quarter of 2025, the company selected KeyBanc to partner in the sale of this Distribution segment business. For context on the scale of this divestiture, the Myers Tire Supply unit generated net sales of $189 million over the 12-month period ending June 30, 2025. The legal complexity here involves managing the sale process, securing favorable terms, and navigating the transfer of assets, contracts, and employees, all while maintaining business continuity.

Divestiture Status (Q3 2025)	Financial Metric	Value (12 Months Ended 6/30/2025)
Status	Strategic Review Approved; KeyBanc Selected	N/A
Business Unit Sales	Myers Tire Supply Net Sales	$189 million
Strategic Goal	Portfolio Simplification & Focus on Core	N/A

Compliance with Applicable Regulations (OSHA, TSCA, etc.)

For a diversified manufacturer like Myers Industries, compliance with environmental, health, and safety (EHS) regulations is a non-negotiable legal baseline. The company explicitly prioritizes compliance with all applicable laws, including those governing workplace safety, like the Occupational Safety and Health Administration (OSHA) standards, and product/chemical handling, such as the Toxic Substances Control Act (TSCA).

The commitment here is quantifiable, which is what I look for. The company's focus on safety is paying off in real terms: they achieved a 26 percent reduction in year-over-year recordable injuries in 2024. That means the number of recordable incidents dropped from 72 in 2023 to 53 in 2024. That's a strong indicator that their EHS principles and training are working on the factory floor, minimizing the legal and financial risk associated with workplace accidents and regulatory fines.

Updated Code of Ethics and Compliance Training

A strong legal foundation starts with internal governance. Myers Industries updated its Code of Ethics and Business Conduct in 2024, which is a critical step in strengthening the corporate ethical framework. This isn't just a re-skinning; the new Code incorporated and strengthened policies on complex global legal risks, including:

• Antitrust & Competition
• Export and Import Controls
• Money Laundering
• Environmental Health & Safety (EHS)

The company commits to providing annual training on the updated Code to every employee, ensuring these legal and ethical standards are consistently reinforced across the organization. Honestly, a robust, annual training cycle is your best defense against individual compliance failures.

Risk Exposure from Potential Litigation and Regulatory Actions

Despite proactive compliance efforts, the nature of manufacturing and distribution means legal risk is always on the table. In their Q2 2025 results, Myers Industries explicitly listed 'claims, litigation and regulatory actions against the Company' as a key risk factor, which you can find detailed in their Form 10-K filings. This is standard disclosure, but it highlights the continuous need for vigilance, especially around product liability and environmental matters given the plastic and metal products they manufacture.

The company has an anonymous reporting system, the EthicsPoint toll-free hotline and website portal, available 24/7 worldwide for reporting concerns on ethics, compliance, or fraud. This mechanism is a key legal safeguard, designed to catch internal issues before they escalate into costly external litigation or regulatory breaches. Also, the ongoing 'Focused Transformation' initiative, which includes idling two rotational molding facilities to achieve at least $3 million in annualized savings, introduces near-term legal risk related to labor law, facility closure regulations, and contract termination. You need to monitor the execution of this plan closely.

Myers Industries, Inc. (MYE) - PESTLE Analysis: Environmental factors

Products are designed to incorporate more recycled content and improve energy efficiency.

Myers Industries is defintely leaning into product design as a core environmental strategy, which is smart given the scrutiny on plastics. You see this directly in their material choices and manufacturing upgrades. For 2024, the company reported that 18% of all polyethylene (PE) used companywide consisted of regrind or reprocessed material, a clear commitment to reducing reliance on virgin feedstocks.

The push for energy efficiency is also translating into capital investments. In 2023, they installed all-electric high-pressure injection molding machines at their Scepter and Akro-Mils facilities, a significant step toward electrification that cuts energy consumption. They're making the products greener and the production process cleaner. Here's the quick math on their internal materials effort:

• Increased internal regrind usage by 256% year-over-year from 2023 to 2024.
• This moved the volume from approximately 772,000 pounds in 2023 to over 2.75 million pounds in 2024.
• Purchased 1.21 million pounds of external recycled material for production in 2024.

Commitment to measuring and reducing Scope 1 and 2 Greenhouse Gas (GHG) emissions.

The company understands that tracking emissions is the first step to controlling them. They track and disclose their Scope 1 (direct) and Scope 2 (indirect from purchased energy) Greenhouse Gas (GHG) emissions annually, using platforms like CDP and EcoVadis for third-party disclosure. This level of transparency is crucial for institutional investors focused on climate risk.

While the 2024 report noted a reduction in GHG emissions due to equipment upgrades and plant optimization, the most recent specific data available is from 2023, which gives you a baseline for the challenge ahead. What this estimate hides is the potential increase in Scope 3 (supply chain) emissions, which they are currently investigating but not yet fully disclosing. You need to watch for a formal Scope 3 target in future reports.

GHG Emissions Metric	2023 Value (Metric Tons CO2e)	Context
Scope 2 Emissions (Location-Based)	42,322	Indirect emissions from purchased electricity, steam, heat, or cooling.
Scope 1 Emissions (Direct)	Not specified in the latest public snippet, but tracked.	Emissions from sources owned or controlled by the company.

Supports a circular economy by reincorporating 24% of plastic scrap back into production.

The circular economy-keeping materials in use for as long as possible-is a fundamental part of the Myers Industries model, especially with their material handling products. The goal is to close the loop on plastic waste, and they've made measurable progress in this area.

You can see the direct impact of this effort in their material recovery numbers. In 2023, the company successfully reincorporated 24% of plastic scrap generated from their own manufacturing processes back into production across all businesses. Plus, their total recovered materials volume is growing, which is a good operational sign.

• Projected recovered materials for 2024 were 14.1 million pounds, a 5% increase from the 13.45 million pounds recovered in 2023.
• The End-of-Life Recycling Program, particularly strong in the Signature Systems segment, processed 465,000 pounds of post-industrial recyclable material in 2024 alone.
• This End-of-Life program allows customers to return used mats for recycling, directly feeding the closed-loop system.

Focus on minimizing material waste and responsible water management across operations.

Minimizing waste goes beyond just plastic scrap; it's an enterprise-wide focus that includes packaging, pallets, and logistics. The operational benefit is clear: less waste means lower disposal costs and reduced handling expenses. This is a classic example of environmental stewardship driving financial efficiency.

When it comes to water, they are focused on responsible management, which is critical for any manufacturing process. While they track water consumption and are committed to improving efficiency, specific 2024 or 2025 metrics on water usage reduction are not yet publicly detailed. Their commitment is to strengthen environmental data collection, which suggests more specific water metrics are coming soon, but for now, the focus is on process improvements and minimizing impacts on stormwater quality through preventative measures.