6309 Monarch Park Place, Suite 203
Niwot, CO 80503, USA
Phone (303) 443-5060
Toll free (888) 742-5060
During the quarter, Myers closed two manufacturing facilities and divested two of its rubber products businesses.
While a leading indicator for the Distribution Segment – miles driven by all vehicles – moved slightly higher during the quarter, demand for tire service supplies and equipment remained weak on continuing softness in vehicle service markets.
For the nine months ended Sept. 30, sales were $513.5 million, down 19% from the first nine months of 2008. Loss for the first nine months was $1.62 million, compared to profit of $14.6 million the prior year.