Skip to main content
Sister Publication Links
  • European Rubber Journal
  • Plastics News
web
Subscribe
  • Login
  • Register
  • Subscribe
  • News
    • International Elastomer Show
    • Automotive
    • Tire
    • Non-Tire
    • Suppliers
    • Executive Action
    • Government/Legal
    • ITEC
    • Opinion
    • Technical Notebooks
    • HEXPOL Sponsored Content
    • Starting young: Rubber Division targets high schools to fill talent gap
      ChemSpec enjoying busy 2019 with new agreements, division
      view gallery
      18 photos
      Rubber Division honors leaders, students at Business and Awards Meeting
      view gallery
      9 photos
      Rubber Division wraps up 2019 International Elastomer Conference
    • Auto parts makers pay $23 million to settle price fixing case
      Many lessons learned—and some underway—on EV battery safety
      GM, LG Chem form joint venture to make batteries near Lordstown
      Goodyear to supply intelligent tires to fleets in Europe
    • Tyromer appoints chair of board
      In the workplace, two languages are spoken
      Goodyear to supply intelligent tires to fleets in Europe
      Roderic Quirk named National Academy of Inventors Fellow
    • Auto parts makers pay $23 million to settle price fixing case
      Brenntag opens innovation center in Pennsylvania
      In the workplace, two languages are spoken
      Denso exec keeps AV sights set on Level 2
    • Brenntag opens innovation center in Pennsylvania
      New Products: Master Bond rolls out thermally conductive epoxy sealant
      In the workplace, two languages are spoken
      DRI makes deal, invests for future growth
    • Tyromer appoints chair of board
      Kent Elastomer promotes two
      3D specialist Carbon hires former DuPont CEO Kullman as new leader
      Struktol names Mark Skakun new president
    • Auto parts makers pay $23 million to settle price fixing case
      USTMA aims to raise scrap tire recovery rate
      Aeolus, Onyx discussing truck, bus tire joint venture in Sri Lanka
      ETRMA praises EU's tire labeling regulation efforts
    • Goodyear finds traction with soybean oil
      Cassioli expands with sales office in Alabama
      Rodolfo Comerio looks forward as it celebrates past
      Tire Industry Project launches platform for sustainable natural rubber
    • Column: Lessons from Best Places to Work
      Editorial: Cooper Standard a sign of changing automotive times
      Editorial: Hose industry makes big strides in safety focus
      Column: Meeting new faces at Rubber Expo
    • SSBR, bio-sourced plasticizer for conveyor belt use
      EPDM solution for automotive dense weatherstrip
      High heat resistant EPDMs for auto hose uses
      Rubber standards in today’s world economy
    • Sponsor Content
      Rubber in Transportation and Tire
      Sponsor Content
      Rubber in Wire and Cable
      Sponsor Content
      Process Control Systems Ensure Consistency and Lot Traceability While Protecting Proprietary Formulations
      Sponsor Content
      Reasons for Using Performance Additives
  • Blogs
    • Products
    • Wacky World of Rubber
    • New Products: Master Bond rolls out thermally conductive epoxy sealant
      New Products: Lanxess introduces vulcanization accelerator
      Covestro's CO2 technology earns Germany's President's prize
      New Products: LSR 3D printing technology spotlighted at K Show
    • Wacky World of Rubber: Floating ideas for the future of mobility
      Wacky World of Rubber: Goodyear, rubber industry make parade part of Thanksgiving traditions
      Wacky World of Rubber: How to make your own Halloween mask
      Wacky World of Rubber: 'Ode to a Tire'
  • Newsletters
    • Rubber in Automotive
    • Silicone News
    • Latex News
    • Sign Up for Newsletters
    • Auto parts makers pay $23 million to settle price fixing case
      Many lessons learned—and some underway—on EV battery safety
      GM, LG Chem form joint venture to make batteries near Lordstown
      Goodyear to supply intelligent tires to fleets in Europe
    • Starting young: Rubber Division targets high schools to fill talent gap
      Column: Lessons from Best Places to Work
      New Products: LSR 3D printing technology spotlighted at K Show
      Rubber parts makers invest in Central, Eastern Europe
    • Starting young: Rubber Division targets high schools to fill talent gap
      Kent Elastomer promotes two
      Corrie MacColl details landmark collaboration in Cameroon
      Natural rubber producers signal decline in production
  • Multimedia
    • Videos
    • Photo Galleries
  • Directory
  • Resources
    • Classifieds & Mold Mart
    • Data Store
    • Digital Issue
    • White Papers
  • Events
    • RPN Conferences
    • RPN Live
    • Events Calendar
    • Submit an Event
    • Webinars
    • Past Events
  • Advertise
MENU
Breadcrumb
  1. Home
  2. News
December 20, 2013 01:00 AM

Myers Industries enters $200 million credit facility

  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    AKRON—Myers Industries Inc. has entered into a five-year, $200 million senior secured revolving credit facility with seven lending banks.

    The move replaces the Akron-based company's previous senior credit facility that was scheduled to expire in November 2015.

    The senior credit facility was jointly arranged by J.P. Morgan Securities L.L.C. and U.S. Bank National Association. JPMorgan Chase Bank, National Association, served as administrative agent, Myers said.

    “This credit facility provides the company long-term financing at attractive pricing and flexibility through 2018. Together with our recent $100 million private placement of notes, the company has capacity to fund its strategic initiatives,” said Greggory Branning, senior vice president and CFO.

    Myers Industries is the parent firm of Myers Tire Supply and a distributor of tools, equipment, and supplies for the tire, wheel, and under-vehicle service industry.

    Related Articles
    Myers to buy plastics maker, sell lawn, garden unit
    Letter
    to the
    Editor

    Rubber & Plastics News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].

    SIGN UP FOR FREE NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please select at least one newsletter to subscribe.

    Get our newsletters

    Staying current is easy with Rubber & Plastics News delivered straight to your inbox, free of charge.

    Subscribe Today

    Subscribe to Rubber & Plastics News to get the best coverage and leading insights in the industry.

    SUBSCRIBE
    Connect with Us
    • LinkedIn
    • Facebook
    • Twitter

    MISSION

    To serve companies in the global rubber product industry by delivering news, industry insights, opinions and technical information.

    web
    Contact Us

    2291 Riverfront Pkwy, Suite 1000
    Cuyahoga Falls,
    OH 44221

    Customer Service:
    877-320-1726

    Resources
    • About Us
    • Digital Edition
    • Contact the Staff
    • Advertise
    • Order Reprints
    • Privacy Policy
    • Terms of Service
    • Ad Choices Ad Choices
    • Sitemap
    Partner Sites
    • Tire Business
    • European Rubber Journal
    • Plastics News
    • Plastics News Europe
    • Plastics News China
    • Plastics & Rubber World
    • LSR World
    • Urethanes Technology
    • Automotive News
    • Autoweek
    • Crain Brands
    Copyright © 1996-2019. Crain Communications, Inc. All Rights Reserved.
    • News
      • International Elastomer Show
      • Automotive
      • Tire
      • Non-Tire
      • Suppliers
      • Executive Action
      • Government/Legal
      • ITEC
      • Opinion
      • Technical Notebooks
      • HEXPOL Sponsored Content
    • Blogs
      • Products
      • Wacky World of Rubber
    • Newsletters
      • Rubber in Automotive
      • Silicone News
      • Latex News
      • Sign Up for Newsletters
    • Multimedia
      • Videos
      • Photo Galleries
    • Directory
    • Resources
      • Classifieds & Mold Mart
      • Data Store
      • Digital Issue
      • White Papers
    • Events
      • RPN Conferences
      • RPN Live
      • Events Calendar
      • Submit an Event
      • Webinars
      • Past Events
    • Advertise