Mayville Engineering Company, Inc., together with its subsidiaries, operates as a contract manufacturer that serves the heavy and medium duty commercial vehicle, construction and access equipment, powersports, agriculture, military, and other end markets in the United States. The company provides a range of prototyping and tooling, production fabrication, coating, assembly, and aftermarket components. It also supplies engineered components to original equipment manufacturers. The company was founded in 1945 and is headquartered in Mayville, Wisconsin.

Mayville Engineering Company, Inc.

Mayville Engineering Company is a value-added provider offering prototyping and tooling, production fabrication, coating, assembly, and aftermarket services for various industries.

Mayville Engineering Company

MEC (Mayville Engineering Company, Inc.) | 9,493 followers on LinkedIn. We are more than just a manufacturing and fabricating company. We are honored to be the largest fabricator in the nation for the last 14 years in a row, and we pride ourselves in being a leader in the industry.

Founded in 1945, MEC is a leading U.S.

Daniel Bourquin

Retired at MEC (Mayville Engineering Company, Inc.)

Cliff Sanderson

Technical Writer

Jordan Weeks

President, CEO and Board Director

Jag Reddy

MEC (Mayville Engineering Company, Inc.)

“We continued to demonstrate strong strategic execution during the second quarter, as net sales, margin realization, and free cash generation each increased significantly above prior-year levels,” stated Jag Reddy, President and Chief Executive Officer. “Our collective focus on higher-value, integrated solutions, increased operational efficiency, and return-focused capital allocation strategy has positioned MEC to outperform the broader market through the current economic cycle.” More details on our second quarter results here: https://lnkd.in/gwKA5mYZ

Congratulations to Rhonda Apfelbeck, Benefits & Leave Specialist, for celebrating 30 years with MEC! Thank you for your dedication and for being a valued member of the MEC team. www.meccareers.com #MEC #MECCareers #MetalFabrication #ServiceAward #Anniversary #WorkAnniversary #OneMEC #OneMECOneMission #ThankYou

🔧 𝐁𝐞𝐡𝐢𝐧𝐝 𝐭𝐡𝐞 𝐒𝐜𝐞𝐧𝐞𝐬: 𝐓𝐡𝐞 𝐀𝐥𝐮𝐦𝐢𝐧𝐮𝐦 𝐄𝐱𝐭𝐫𝐮𝐬𝐢𝐨𝐧 𝐏𝐫𝐨𝐜𝐞𝐬𝐬 𝐚𝐭 𝐌𝐄𝐂 𝐅𝐨𝐧𝐝 𝐝𝐮 𝐋𝐚𝐜 Aluminum extrusion is a fascinating process that turns raw aluminum into the custom profiles you see in everything from bridges to electronics. At MEC Fond du Lac, we take pride in our precise and innovative extrusion process, which delivers high-quality, reliable components across multiple industries. Here’s a step-by-step look at how our extrusions are made: 1️. 𝑩𝒊𝒍𝒍𝒆𝒕 𝑷𝒓𝒆𝒑𝒂𝒓𝒂𝒕𝒊𝒐𝒏 – High-quality aluminum billets are heated to the perfect temperature for malleability. 2️. 𝑬𝒙𝒕𝒓𝒖𝒔𝒊𝒐𝒏 – The billet is pressed through a custom die to form the desired shape. 3️. 𝑪𝒐𝒐𝒍𝒊𝒏𝒈 – The shaped aluminum is rapidly cooled to solidify its form. 4️. 𝑺𝒕𝒓𝒆𝒕𝒄𝒉𝒊𝒏𝒈 – Extrusions are stretched to eliminate stress and ensure straightness. 5️. 𝑪𝒖𝒕𝒕𝒊𝒏𝒈 – The profiles are cut to precise lengths based on the application. 6️. 𝑯𝒆𝒂𝒕 𝑻𝒓𝒆𝒂𝒕𝒎𝒆𝒏𝒕 – For enhanced strength, depending on the needs. 7️. 𝑭𝒊𝒏𝒊𝒔𝒉𝒊𝒏𝒈 – Anodizing, painting, or powder-coating can be applied for protection and aesthetics. Our talented extrusion technicians at MEC Fond du Lac ensure each step is carried out with the highest attention to detail. They not only set up and operate the extrusion machinery but also monitor every part of the process, inspect final products, and collaborate with the team to maintain top-tier quality standards. Whether it's troubleshooting equipment or performing complex tests, their expertise ensures our customers receive the best. In honor of #ManufacturingMonth , we celebrate the skills, precision, and dedication of our extrusion team! #ManufacturingExcellence #ExtrusionProcess #MadeWithPride #ManufacturingMonth #OneMECOneMission #Teamwork

Congratulations to Mark Newman, Manufacturing Engineer, for celebrating 20 years with MEC! Thank you for your dedication and for being a valued member of the MEC team. www.meccareers.com #MEC #MECCareers #MetalFabrication #ServiceAward #Anniversary #WorkAnniversary #OneMEC #OneMECOneMission #ThankYou

🛠⚙️ MEC is embracing the future with the addition of a BLM Tube Laser and YLM Automated Bender in Neillsville. This new equipment improves productivity, increases capabilities, and reduces operator fatigue. Additional benefits include: 𝐁𝐋𝐌 𝐋𝐚𝐬𝐞𝐫 • Cuts 2-3x faster than our previous rotary cutoff solution. • We now have the ability to add complex features to all tubing profiles, from coping to slots to laser marking part numbers, which reduces secondary operations. 𝐘𝐋𝐌-𝟏𝟓𝟏 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐞𝐝 𝐁𝐞𝐧𝐝𝐞𝐫 • Integrated with a tube loader, reducing the need to cut and load blanks. • Built-in nesting software which allows maximum utilization of each piece of tubing. • Integrated with a Fanuc robot, it reduces operators' time loading/unloading tubes, allowing them to focus on additional tasks. At MEC, we're dedicated to integrating cutting-edge technology to serve our customers’ current demands and prepare for the innovations of tomorrow. One MEC. One Mission. 🌟 #MEC #ManufacturingMonth #FutureofManufacturing #AdvancedManufacturing #Automation #Innovation #ContinuousImprovement #OneMECOneMission

With Ronald McDonald House Charities Eastern Wisconsin near our new HQ, the MEC Executive Leadership Team hosted a meeting onsite last week. They toured the facility and learned about their services, including a meal and snack program. The MEC team members also made snacks for the families staying there. #MEC #RonaldMcDonald #GivingBack #Community #Volunteering #OneMECOneMission

🔧 𝐀𝐥𝐮𝐦𝐢𝐧𝐮𝐦 𝐄𝐱𝐭𝐫𝐮𝐬𝐢𝐨𝐧𝐬 𝐚𝐫𝐞 𝐄𝐯𝐞𝐫𝐲𝐰𝐡𝐞𝐫𝐞! From the windows in your home to the car you drive, the gym equipment you use, and even the airplane taking you on your next trip, aluminum extrusions are all around you. These lightweight, durable components are integral to countless industries, including construction, automotive, aerospace, and electronics. Why are aluminum extrusions so popular? They offer remarkable benefits, including: 🌍 𝐃𝐞𝐬𝐢𝐠𝐧 𝐅𝐥𝐞𝐱𝐢𝐛𝐢𝐥𝐢𝐭𝐲 – Custom shapes and complex profiles 💪 𝐒𝐭𝐫𝐞𝐧𝐠𝐭𝐡-𝐭𝐨-𝐖𝐞𝐢𝐠𝐡𝐭 𝐑𝐚𝐭𝐢𝐨 – Lightweight, yet incredibly strong 💡 𝐓𝐡𝐞𝐫𝐦𝐚𝐥 𝐂𝐨𝐧𝐝𝐮𝐜𝐭𝐢𝐯𝐢𝐭𝐲 – Great for heat dissipation in electronics 🌱 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲 – 100% recyclable and eco-friendly We’re proud to highlight how MEC is shaping the future with cutting-edge extrusion solutions that bring innovation and efficiency to diverse markets. Whether for a skyscraper or a small electronic device, aluminum extrusions are a cornerstone of modern manufacturing. #ExtrusionInnovation #Sustainability #ManufacturingMonth #OneMECOneMission #EngineeringExcellence

Congratulations to Kyle Mock , Master Scheduler, for celebrating 15 years with MEC! Thank you for your dedication and for being a valued member of the MEC team. www.meccareers.com #MEC #MECCareers #MetalFabrication #ServiceAward #Anniversary #WorkAnniversary #OneMEC #OneMECOneMission #ThankYou

🚜 On Saturday, October 12th, we celebrate National Farmers Day. 🚜 We’re proud to celebrate not just the farmers but also the vibrant agricultural markets that bring fresh produce and local goods to our communities. Our commitment to supporting these markets helps ensure that farmers thrive while providing everyone access to healthy, sustainable food. Thank you for cultivating our food, preserving our land, and feeding the world! 🌱🌾 #NationalFarmersDay #MEC #ThankYouFarmers #Farming #FarmLife #Agriculture

At MEC, we’re committed to driving innovation in manufacturing, and our Robotic Brake Presses play a crucial role in achieving that goal! These advanced machines are transforming our production process by delivering greater throughput, superior quality, and unmatched flexibility. Here’s why our Robotic Brake Presses stand out: ⚙️ 𝐇𝐢𝐠𝐡 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 – One operator can oversee multiple machines, boosting productivity. 🎯 𝐏𝐫𝐞𝐜𝐢𝐬𝐢𝐨𝐧 & 𝐑𝐞𝐩𝐞𝐚𝐭𝐚𝐛𝐢𝐥𝐢𝐭𝐲 – With robotic accuracy, our parts achieve consistent, superior performance that surpasses manual brake presses. 🔄 𝐅𝐥𝐞𝐱𝐢𝐛𝐢𝐥𝐢𝐭𝐲 – Capable of bending a wide range of part geometries using advanced gripping mechanisms like magnetic and pneumatic systems. 🔧 𝐀𝐮𝐭𝐨𝐦𝐚𝐭𝐢𝐜 𝐓𝐨𝐨𝐥 𝐂𝐡𝐚𝐧𝐠𝐞𝐬 – Some robotic presses eliminate manual setup, allowing for seamless production transitions. 🦺 𝐈𝐦𝐩𝐫𝐨𝐯𝐞𝐝 𝐒𝐚𝐟𝐞𝐭𝐲 – Heavier parts are handled by robots, enhancing operator safety and reducing strain. As we celebrate #ManufacturingMonth , we’re proud to leverage automation for smarter, safer, and more efficient production at MEC! #Automation #RoboticBrakePress #EfficiencyInAction #ManufacturingExcellence #SafetyFirst #OneMECOneMission

	Dec '17	Dec '18	Dec '19	Dec '20	Dec '21	Dec '22	Dec '23
revenue	313.33M -	354.53M 13.15%	519.70M 46.59%	357.61M 31.19%	454.83M 27.19%	539.39M 18.59%	588.42M 9.09%
cost of revenue	278.59M -	303.95M 9.10%	460.99M 51.67%	326.11M 29.26%	403.45M 23.72%	478.32M 18.56%	526.46M 10.06%
gross profit	34.74M -	50.58M 45.60%	58.72M 16.09%	31.50M 46.35%	51.38M 63.09%	61.07M 18.87%	61.96M 1.46%
selling and marketing expenses							-1.41M -
general and administrative expenses	21.55M -	24.31M 12.80%	56.02M 130.43%	27.29M 51.28%	31.91M 16.91%	32.69M 2.44%	41.77M 27.78%
selling general and administrative expenses	21.55M -	24.31M 12.80%	56.02M 130.43%	27.29M 51.28%	31.91M 16.91%	32.69M 2.44%	40.36M 23.46%
research and development expenses
other expenses	3.76M -	4.10M 9.05%	10.71M 161.38%	10.71M 0%	10.71M 0%	6.95M 35.06%
cost and expenses	303.90M -	332.36M 9.36%	527.72M 58.78%	364.10M 31.00%	446.07M 22.51%	517.96M 16.12%	566.82M 9.43%
operating expenses	25.31M -	28.41M 12.24%	66.73M 134.89%	38.00M 43.06%	42.62M 12.15%	39.64M 6.98%	40.36M 1.81%
interest expense	4.18M -	3.88M 7.20%	6.73M 73.45%	2.67M 60.34%	2.00M 24.93%	3.38M 68.75%	11.09M 228.17%
ebitda	30.16M -	42.64M 41.38%	24.99M 41.39%	25.59M 2.40%	40.54M 58.43%	50.74M 25.15%	56.68M 11.71%
operating income	9.43M -	22.17M 135.19%	-8.01M 136.14%	-6.50M 18.90%	8.76M 234.81%	25.77M 194.22%	21.60M 16.19%
depreciation and amortization	20.73M -	20.47M 1.27%	33.00M 61.24%	32.09M 2.77%	31.78M 0.95%	24.96M 21.45%	35.08M 40.52%
total other income expenses net	-4.18M -	-4.69M 12.27%	-828K 82.36%	-2.67M 222.22%	-18.15M 580.43%	-3.38M 81.38%	-12.72M 276.30%
income before tax	5.25M -	17.48M 233.13%	-8.84M 150.58%	-9.17M 3.69%	-9.39M 2.49%	22.39M 338.39%	8.88M 60.33%
income tax expense		-459K -	-4.09M 790.63%	-2.07M 49.27%	-1.94M 6.32%	3.67M 288.73%	1.04M 71.67%
net income	5.25M -	17.93M 241.88%	-4.75M 126.50%	-7.09M 49.24%	-7.45M 5.06%	18.73M 351.34%	7.84M 58.11%
weighted average shs out	19.69M -	19.69M 0%	17.45M 11.40%	19.90M 14.05%	20.40M 2.55%	20.40M 0.02%	20.42M 0.08%
weighted average shs out dil	19.69M -	19.69M 0%	17.45M 11.40%	19.90M 14.05%	20.83M 4.69%	20.68M 0.71%	20.70M 0.08%
eps	0.27 -	0.91 237.04%	-0.27 129.67%	-0.36 33.33%	-0.37 2.78%	0.92 348.65%	0.38 58.70%
epsdiluted	0.27 -	0.91 237.04%	-0.27 129.67%	-0.36 33.33%	-0.36 0%	0.91 352.78%	0.38 58.24%

COM:MECINC

Mayville Engineering Company

Last Close

16.56

22/11 21:00

Market Cap

338.08M

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70.90K

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