Myers Boosts Sales, Profits

(Akron/Tire Review) Tyre and service tool distributor Myers Industries reported 2006 overall sales of $780.0 million, up 6% from 2005’s total sales of $736.9 million. Myers reported its 2006 net income was $28.7 million, up 48% from the year prior.

For its distribution segment, Myers reported 2006 sales of $197.3 million, up 4% year over year, and income before taxes of $22.2 million, 8% better than 2005.