OverviewSuggest Edit

MEC (Mayville Engineering) operates as a contract manufacturer that serves the heavy and medium duty commercial vehicle, construction, powersports, agriculture, military, and other end markets. The company provides a range of prototyping and tooling, production fabrication, coating, assembly and aftermarket components. It also supplies engineered components to original equipment manufacturers; and manufactures stamped and fabricated metal products. 

TypePublic
Founded1945
HQMayville, US
Websitemecinc.com
Employee Ratings2.5

Latest Updates

Employees (est.) (Dec 2019)2,600(-16%)
Job Openings44
Revenue (FY, 2019)$519.7 M(+47%)
Share Price (Jul 2020)$7.6 (-2%)
Cybersecurity ratingCMore

MEC (Mayville Engineering) Office Locations

MEC (Mayville Engineering) has offices in Mayville, Atkins, Beaver Dam, Bedford and in 10 other locations
Mayville, US (HQ)
715 South St
Atkins, US
249 Mulberry Ln
Beaver Dam, US
120 Industrial Dr
Beaver Dam, US
210 Corporate Dr
Bedford, US
550 Sunnyside Rd #101
Byron Center, US
990 84th St SW #544Byron
Show all (19)

MEC (Mayville Engineering) Financials and Metrics

MEC (Mayville Engineering) Revenue

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MEC (Mayville Engineering)'s revenue was reported to be $519.70 m in FY, 2019
USD

Revenue (Q1, 2020)

108.6m

Gross profit (Q1, 2020)

11.8m

Gross profit margin (Q1, 2020), %

10.9%

Net income (Q1, 2020)

50.0k

EBIT (Q1, 2020)

1.6m

Market capitalization (31-Jul-2020)

150.5m

Closing stock price (31-Jul-2020)

7.6

Cash (31-Mar-2020)

13.0m

EV

228.4m
MEC (Mayville Engineering)'s current market capitalization is $150.5 m.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

313.3m354.5m519.7m

Revenue growth, %

13%

Cost of goods sold

278.6m303.9m461.0m

Gross profit

34.7m50.6m58.7m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020

Revenue

143.7m145.1m128.5m108.6m

Cost of goods sold

124.2m124.6m113.9m96.8m

Gross profit

19.6m20.5m14.6m11.8m

Gross profit Margin, %

14%14%11%11%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

76.0k3.1m1.0k

Accounts Receivable

26.4m52.3m40.2m

Prepaid Expenses

830.0k1.6m3.0m

Inventories

35.4m53.4m45.7m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

28.0k1.0k1.0k13.0m

Accounts Receivable

62.6m49.4m

Prepaid Expenses

3.3m2.4m

Inventories

53.5m50.6m50.7m45.8m
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

5.2m17.9m(4.8m)

Depreciation and Amortization

20.7m50.5m33.0m

Inventories

(2.5m)(6.9m)8.9m

Accounts Payable

2.1m834.0k(11.0m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

2.5m(12.8m)(3.1m)50.0k

Depreciation and Amortization

7.7m16.4m24.7m8.3m

Inventories

(470.0k)2.3m3.7m(844.0k)

Accounts Payable

5.9m4.4m(1.2m)1.5m
USDFY, 2017

Financial Leverage

2.3 x
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MEC (Mayville Engineering) Operating Metrics

FY, 2018

Manufacturing Facilities

20

Product Platforms

60
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MEC (Mayville Engineering) Acquisitions / Subsidiaries

Company NameDateDeal Size
Center Manufacturing
Center Manufacturing Holdings
Center – Moeller Products LLC
Defiance Metal Products Co.
Defiance Metal Products of Arkansas
Defiance Metal Products of PA.
Defiance Metal Products of WI

MEC (Mayville Engineering) Cybersecurity Score

Cybersecurity ratingPremium dataset

C

74/100

SecurityScorecard logo

MEC (Mayville Engineering) Online and Social Media Presence

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MEC (Mayville Engineering) News and Updates

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Qyreports added Most up-to-date research on “Global Mobile Edge Computing Market – Detailed Analysis Of The Present Market Along With Future Outlook, 2025” to its huge collection of research reports Posted via Industry Today. Follow us on Twitter @IndustryToday
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MEC (Mayville Engineering) Frequently Asked Questions

  • When was MEC (Mayville Engineering) founded?

    MEC (Mayville Engineering) was founded in 1945.

  • How many employees does MEC (Mayville Engineering) have?

    MEC (Mayville Engineering) has 2,600 employees.

  • What is MEC (Mayville Engineering) revenue?

    Latest MEC (Mayville Engineering) annual revenue is $519.7 m.

  • What is MEC (Mayville Engineering) revenue per employee?

    Latest MEC (Mayville Engineering) revenue per employee is $199.9 k.

  • Who are MEC (Mayville Engineering) competitors?

    Competitors of MEC (Mayville Engineering) include Borit, Dor-Mae and METALfx.

  • Where is MEC (Mayville Engineering) headquarters?

    MEC (Mayville Engineering) headquarters is located at 715 South St, Mayville.

  • Where are MEC (Mayville Engineering) offices?

    MEC (Mayville Engineering) has offices in Mayville, Atkins, Beaver Dam, Bedford and in 10 other locations.

  • How many offices does MEC (Mayville Engineering) have?

    MEC (Mayville Engineering) has 19 offices.