Mayville Engineering Company, Inc. (NYSE: MEC)

Mayville Engineering Company, Inc. is a leading U. S. based vertically integrated value added manufacturing partner providing a full suite of manufacturing solutions from concept to production including design prototyping tooling fabrication aluminum extrusion coating assembly and aftermarket components. The company serves diverse end markets such as heavy and medium duty commercial vehicles construction and access equipment powersports data center and critical power agriculture military and other industrial sectors.

The company generates revenue by selling its manufactured components and providing engineering design prototyping tooling and assembly services to original equipment manufacturer customers. Its primary products include metal fabrications stampings aluminum extrusions tube bends welded assemblies and coated parts which are sold to OEMs in the vehicle construction powersports agriculture data center and defense markets.

Mayville Engineering Company, Inc. holds a leading position in the fragmented contract manufacturing market due to its scale broad process capabilities and long standing relationships with blue chip OEMs. The firm has been recognized as the largest fabricator in the United States by The Fabricator magazine for fifteen consecutive years from 2011 to 2025. Competitive advantages include its ability to offer a one stop solution across multiple manufacturing processes its flexibility to shift production across end markets and its contractual structures that pass through raw material price changes to protect margins.

The company serves a diverse customer base of original equipment manufacturers with notable accounts including PACCAR Inc. and John Deere which together represented approximately 23.6 percent of net sales in 2025. Its top twenty customers accounted for $421 million of sales in the same year and no single end market contributed more than one third of total revenue.