June 13, 2007

New Jersey Recycles Agricultural Plastics

New Jersey Department of Agriculture has been recycling greenhouse film since 1997 and expanded the program to include nursery pots, trays, cell paks, drip irrigation tape and plastic pesticide containers. Since implementing the nursery and greenhouse film recycling program, growers have recycled more than 4.6 million pounds of film, saving Garden State farmers almost $140,000 in landfill tipping fees. A new recycling program allows growers to sell their agricultural plastics directly to plastics recyclers. The department hopes to expand this program to include landscapers and garden centers in the future. For more information, visit: http://www.nj.gov/agriculture/divisions/md/prog/recycling.html

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June 6, 2007

Myers Will Close Production Facilities

As part of its recent consolidation acquiring Canadian container manufacturer ITML, Myers Industries will close two lawn and garden production facilities—one in Brampton, Ontario, and another in Lugoff, S.C. The plants employ 170 and 72 people, respectively, and are expected to close before the end of this year. For more details, visit: http://www.myersindustries.com

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May 2, 2007

Investment Banker To Buy Myers Industries

Just four months after purchasing container manufacturer ITML, Myers Industries is being sold to Goldman, Sachs & Co., one of the oldest and largest investment banking firms. Based in Akron, Ohio, Myers Industries is an international manufacturer of polymer products for industrial, agricultural, automotive, commercial and consumer markets. In addition to ITML, container brands include Dillen Products, Pro Cal and Listo Products. For answers to questions about this transaction, visit: http://www.myersindustries.com/gscp-acquisition.asp

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January 3, 2007

Myers Industries to Acquire ITML Horticultural Products

December 28, 2006, Akron, Ohio— Diversified international manufacturer and distributor Myers Industries, Inc. (NYSE: MYE) today announced that it has reached a definitive agreement to acquire ITML Horticultural Products, Inc.® ITML, a private company based in Ontario, Canada, is a leader in the design, manufacturing, and marketing of plastic containers and related products for professional floriculture / horticulture grower markets across North America. The acquisition, which is expected to close in early 2007, is subject to customary conditions of closing. Terms of the transaction were not disclosed at this time, but the Company expects to host a conference call after closing to discuss details with the investment community. John C. Orr, president and chief executive officer of Myers Industries, said, “This acquisition is consistent with our Strategic Business Evolution process to grow our key business segments with accretive transactions that strengthen our brand portfolio, provide value-added capabilities, and deepen relationships […]

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