48.62
+4.97%
Close of 9 Nov 2026, in USD
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About Miller Industries
From its filings with the US Securities and Exchange Commission
Miller Industries is based in Ooltewah, Tennessee and is incorporated in Tennessee. Its shares trade on NYSE under the ticker MLR. The SEC classifies its business as truck & bus bodies. In the fiscal year to 31 December 2025, it reported revenue of $790.3m and net income of $23.0m. At that date it held total assets of $589.7m and shareholders' equity of $420.6m.
Miller Industries, Inc., a Tennessee corporation, is The World’s Largest Manufacturer of Towing and Recovery Equipment®, with executive offices in Ooltewah, Tennessee, domestic manufacturing operations in Tennessee and Pennsylvania, and foreign manufacturing operations in France, the United Kingdom and, most recently, Italy. On December 2, 2025, Miller Industries, Inc. acquired Omars – S.p.A (“Omars”), a designer and manufacturer of towing and recovery vehicles, headquartered in Cuneo, Italy.
Miller Industries was founded in 1990. Since its inception, the Company has developed innovative high-quality towing and recovery equipment worldwide. We design and manufacture bodies of car carriers and wreckers, which are installed on chassis manufactured by third parties, and sold to our customers. Our products are marketed and sold primarily through a network of distributors that serve all 50 states, Canada, Mexico, and other foreign markets, and through prime contractors to governmental entities. Further, we have substantial distribution capabilities in Europe as a result of our ownership of Jige International S.A., Boniface Engineering, Ltd, and Omars. While most of our distributor agreements do not generally contain exclusivity provisions, management believes that more than 90 percent of our independent distributors do not offer products of any other towing and recovery equipment manufacturer, which we believe is a testament of their loyalty to our brands.
Quoted from its 10-K, filed 4 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Industrials
- Industry
- Machinery
- Listed since
- 2 Aug 1994
- Employees
- 1,535
- Website
- millerind.com ↗
- Head office
- 8503 HILLTOP DR, OOLTEWAH, TN, 37363
- Incorporated in
- TN
- Classification
- Truck & Bus Bodies
- Filer status
- Accelerated filer
Leadership
Pay as last reported
- Mr. William MillerExecutive Chairman of the Board, since 1994$2.0m
- Mr. William MillerPresident, Chief Executive Officer, Director, since 2011$5.5m
- Ms. Deborah WhitmireChief Financial Officer, Executive Vice President, Treasurer, since 2013$1.9m
- Mr. Jeffrey BadgleyPresident - International and Military, since 1994$1.5m
- Mr. Frank MadoniaExecutive Vice President, Secretary, General Counsel$374,753
- Mr. Josias ReynekeChief Information Officer, Vice President$1.2m
- Mr. Vincent TianoVice President, Chief Revenue Officer$1.2m
- Mr. Theodore AshfordLead Independent Director$195,929
- Mr. Peter JacksonIndependent Director$176,262
- Dr. Javier ReyesIndependent Director$176,262
- Dr. Susan SweeneyIndependent Director$192,929
- Ms. Leigh WaltonIndependent Director$186,262
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 36
- Environment
- 11
- Social
- 47
- Governance
- 49
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Miller Industries Inc has a strong brand reputation and recognition in the automobile industry.
- The company has a wide range of high-quality towing and recovery equipment, offering a diverse product portfolio to its customers.
- Miller Industries Inc benefits from a well-established distribution network, allowing it to reach a larger customer base efficiently.
Weaknesses
- Miller Industries Inc heavily relies on the automobile industry, making it vulnerable to downturns and fluctuations in the market.
- The company has limited global presence, which may restrict its growth opportunities in international markets.
- Miller Industries Inc faces intense competition from both large, established players and smaller, niche manufacturers.
Opportunities
- The global towing and recovery equipment market is expected to grow steadily, providing Miller Industries Inc with opportunities for expansion.
- The increasing demand for technologically advanced and eco-friendly equipment opens up new possibilities for product development and innovation.
- Miller Industries Inc can explore strategic partnerships or acquisitions to enhance its presence in new markets and diversify its offerings.
Threats
- Economic uncertainties and fluctuations in the automobile industry can pose threats to Miller Industries Inc's financial performance.
- Trade barriers and regulations in international markets may impact the company's ability to expand and compete globally.
- The emergence of alternative transportation technologies, such as electric and autonomous vehicles, could disrupt the traditional towing and recovery industry.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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