MAYVILLE, Wis. (BUSINESS WIRE) – June 1, 2023 – Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end markets, today announced that the Company has been named as the nation’s largest fabricator by the Fabricator Magazine for the thirteenth consecutive year.
“We are honored to be named the #1 domestic fabricator for another consecutive year,” said Jag Reddy, President & CEO. “This recognition is a testament to our consistent track record of commercial growth, operational excellence and proven ability to drive innovation through close customer collaboration. With the recent launch of MEC Business Excellence, or MBX, our team is building a leading platform capable of serving emerging growth, higher-value adjacent markets, including light-weight materials fabrication, while continuing to leverage our established role as a leading tier-1 supplier to many of the world’s largest industrial OEMs.”
“We remain committed to investing in the processes, systems and technologies that leverage next-generation automation and quality assurance as further optimize our domestic manufacturing base,” stated Ryan Raber, Executive Vice President of Strategy, Sales & Marketing. “During the last four years, we’ve allocated more than $50M million toward profitabilty-enhancing initiatives, investments that include our state-of-the-art facility in Hazel Park, Michigan, which launched earlier this year. Our end-to-end prototyping, design and manufacturing expertise, experience with complex, high-volume assemblies and strong financial position remain key areas of competitive differentiation that position us to drive long-term value creation for both our customers and shareholders.”
About Mayville Engineering Company
Founded in 1945, MEC is a leading U.S.-based, vertically integrated, value-added manufacturing partner providing a full suite of manufacturing solutions from concept to production. Our customers operate in diverse end markets, including heavy- and medium-duty commercial vehicle, construction & access equipment, powersports, agriculture, military, and other end markets. Along with process engineering and development services, MEC maintains an extensive manufacturing infrastructure with 20 facilities, across seven states.
MEC produces metal components that are used in a broad range of heavy- and medium-duty commercial vehicles, construction, powersports, agricultural, military and other products. For more information, please visit www.mecinc.com.
Lisa Lahr 920-387-6051
Stefan Neely or Noel Ryan