Myers Industries (MYE) 8-K Annual Best Ideas Conference

Myers Industries, Inc.

CL King 12

th

Annual Best Ideas Conference

September 9, 2014

Exhibit 99.1

Forward-looking Statements

Statements

in

this

presentation

concerning

the

Company’s

goals,

strategies,

and

expectations

for

business

and

financial

results

may

be

"forward-looking

statements"

within

the

meaning

of

the

Private

Securities

Litigation

Reform

Act

of

1995

and

are

based

on

current

indicators

and

expectations.

Whenever

you

read

a

statement

that

is

not

simply

a

statement

of

historical

fact

(such

as

when

we

describe

what

we

"believe,"

"expect,"

or

"anticipate"

will

occur,

and

other

similar

statements),

you

must

remember

that

our

expectations

may

not

be

correct,

even

though

we

believe

they

are

reasonable.

We

do

not

guarantee

that

the

transactions

and

events

described

will

happen

as

described

(or

that

they

will

happen

at

all).

You

should

review

this

presentation

with

the

understanding

that

actual

future

results

may

be

materially

different

from

what

we

expect.

Many

of

the

factors

that

will

determine

these

results

are

beyond

our

ability

to

control

or

predict.

You

are

cautioned

not

to

put

undue

reliance

on

any

forward-looking

statement.

We

do

not

intend,

and

undertake

no

obligation,

to

update

these

forward-looking

statements.

These

statements

involve

a

number

of

risks

and

uncertainties

that

could

cause

actual

results

to

differ

materially

from

those

expressed

or

implied

in

the

applicable

statements.

Such

risks

include:

(1) Changes in the markets for the Company’s business segments

(2) Changes in trends and demands in the markets in which the Company competes

(3) Unanticipated downturn in business relationships with customers or their purchases

(4) Competitive pressures on sales and pricing

(5) Raw material availability, increases in raw material costs, or other production costs

(6) Harsh weather conditions

(7) Future economic and financial conditions in the United States and around the world

(8) Inability of the Company to meet future capital requirements

(9) Claims, litigation and regulatory actions against the Company

(10) Changes in laws and regulations affecting the Company

(11) The Company’s ability to execute the components of its Strategic Business Evolution process

Myers Industries, Inc. encourages investors to learn more about these risk factors. A detailed

explanation of these factors is available in the Company’s publicly filed quarterly and annual reports,

which

can

be

found

online

at

www.myersind.com

and

at

the

SEC.gov

web

site.

2

Why Myers

3

•

Significant progress in streamlining business

•

Enhanced platform to accelerate growth

•

Strong market positions; plan to further

penetrate expansion markets

•

Financially strong; disciplined capital

deployment

•

Dedicated to enhancing shareholder value

4

Company at a Glance

Material Handling

Distribution

Two core businesses and reporting

segments:

Material Handling

•

Polymer-based returnable packaging

•

Polymer-based storage and safety products

•

Specialty molding

Distribution

•

Largest wholesale distributor of tools, supplies and

equipment for the tire, wheel and undervehicle

service segment industry; parts production

•

Manufacturer of repair and retread products

Notes:

Lawn

&

Garden

Segment

now

reported

as

discontinued

operations.

Scepter

sales

of

approximately

$100M

included

in

chart

above.

Business Segments

Material Handling

Distribution

5

Growth Drivers

6

Net Sales Growth

+

•

Select investments and acquisitions

•

Richer product mix

•

New markets and geographies

Profitability

+

•

Optimize capacity

•

Drive greater operating efficiency

•

Enhance product mix

Free Cash Flow

•

Sales growth and profitability improvement

•

Capital discipline

Strategic Goals

Strategic & Financial Goals

•

Focus

on

markets

that

have

strong,

sustainable growth and profit

potential

•

Material Handling:

•

Liquid/Semi-liquid food products

•

Bulk packaging of dry, granular flowable products

•

Acquisitions

•

Distribution:

•

Auto dealer tire market

•

Value chain strategic customer partnerships

•

E-Commerce

•

Strategic geographic acquisitions

•

Invest

within

our

growth

platforms

for value creation

•

Drive

earnings

growth

faster

than

sales growth

•

Maintain

a

strong

and

flexible

balance sheet

7

•

Sales

Growth

>

2.0x

GDP

•

Gross Margin

> 30%

•

EPS

Growth > 20% CAGR

•

Free

Cash

Flow

>

100%

of

Net

Income

•

ROIC > Cost of Capital

•

Innovation/NPD > 10%

of Sales

•

Ops

Excellence

Savings

=

3%

of

COGS (gross)

Financial Goals

Recent Announcements & Events

•

Acquisition of Scepter

•

Commencement of the sale of the Lawn & Garden Segment

•

Two-phase restructuring complete 

•

Engaged William Blair to assist with the sale process

•

Expect the sale to be completed by mid-2015

•

Reported as discontinued operations

•

Sale of WEK Industries, Inc. to Industrial Opportunity Partners

for

$20 million –

reported as discontinued operations

•

Segment reporting realignment

•

Two reportable segments from four

•

Material Handling

•

Distribution

8

Growth Platforms

We will continuously upgrade Myers’

performance through:

Disciplined Portfolio Management and                           

Investment in Profitable Growth 

9

Scepter Acquisition Overview

•

Completed $157 million acquisition of Scepter

Corporation (Canadian company) and Scepter

Manufacturing, LLC (US company), a manufacturer of

polymer products, July 2, 2014

•

Grows Material Handling Segment with adjacent products

and technologies, and expands end markets and

geographic reach

10

Transaction Summary

Structure

•

Purchase price $157M

•

Increased senior secured revolving credit facility to $300M to fund

acquisition

•

Proceeds from the divestiture of Lawn & Garden Segment will be used

to pay down debt

•

Closed July 2, 2014

Financial Contribution

•

Sales of approximately $100M

•

Trailing 12 months EBITDA $23.5M

•

Increases Material Handling revenue by 30%

•

Anticipate realizing synergies of more than $2M annually

•

Expected returns > cost of capital

•

Immediate contribution to adjusted EPS

11

Strong Combined Platform for Growth

Myers

Scepter

New Myers

Returnable packaging

Storage and safety

Specialty molding

Industrial

Marine

Consumer

Military

North America

Latin America

12

Lawn & Garden Segment

•

Completed multi-phase restructuring of the segment

in 1H 2014

•

Announced commencement of the sale of Lawn &

Garden Segment June 2, 2014

•

As of second quarter 2014, the Lawn & Garden

Segment is being reported as discontinued

operations

•

Expect sale to be completed by mid-2015

13

Solid Cash Flow Generation

14

Notes:

1)

Free cash flow calculated as cash flow from continuing operations less capital expenditures.

2)

Data has not been adjusted to reflect discontinued operations.

Free Cash Flow

Generating Free Cash Flow, Investing for the Future and

Returning Cash to Shareholders

Strong & Flexible Balance Sheet

15

Note: 

1)

Net Debt-to-Capital ratio calculated as net debt/(net debt+equity).

2)

Net Debt at June 30, 2014 was $101.9M. Available liquidity at June 30, 2014 was $256.9M.

3)

Data has not been adjusted to reflect discontinued operations.

Net Debt-to-Capital

Maintaining strong balance sheet for investments and

returning capital to shareholders

Balanced Approach to Capital Allocation

16

•

Core markets

•

Adjacencies

•

Dividends

•

Share repurchases

•

Debt reduction

Growth Through Acquisitions

Return Capital to Shareholders

Organic Growth

•

Reinvest in business

•

New product development

•

Process improvements

Investing for the future and returning cash to

shareholders

Returning Cash to Shareholders

•

Increasing Dividends

•

Increased Q1 2014 quarterly dividend by 44% to $0.13 per share

17

Quarterly Dividends Paid

Notes re: quarterly dividends: 

1) Above adjusted for stock dividends and splits in 2000, 2001, 2002 and 2004.

2) In 2007 there was an additional special dividend (not shown above) of $0.28 or $9.9M accrued but not paid until 2008, resulting from a merger termination

payment.

•

Buying Back Shares

•

Invested $33M to buy back 2.8M shares from 2011 to 2013

•

Invested $44M to buy back 2.1M shares YTD June 2014

•

5 million shares remaining in Board authorization (as of 6-30-14)

$Millions Invested in Share Repurchases

Why Myers

18

•

Significant progress in streamlining business

•

Enhanced platform to accelerate growth

•

Strong market positions; plan to further

penetrate expansion markets

•

Financially strong; disciplined capital

deployment

•

Dedicated to enhancing shareholder value

19

Management Team

John C. Orr, President & Chief Executive Officer

•

Named President and CEO May 2005

•

Previously President and COO, responsible for global manufacturing and

distribution

•

Prior General Manager of Buckhorn

•

Previous 28 years with Goodyear, including Vice President of Manufacturing for

North America and Director of Manufacturing for Latin America Division

Gregg Branning, SVP, Chief Financial Officer & Corporate Secretary

•

Joined Myers as CFO in September 2012

•

Previously VP of Finance and CFO of Danaher subsidiary, Thomson Industries, a

global industrial manufacturing business

•

Prior President of Danaher subsidiary, Accu-Sort, global developer and

manufacturer of technological products; also CFO of Joslyn Hi-Voltage

•

Prior to Danaher, 13 years with Hamilton Sundstrand & 7 in public accounting

20

More than 100 Years of Experience in Manufacturing

Management Team

21

More than 100 Years of Experience in Manufacturing

Joel Grant, SVP & General Manager, Material Handling Segment

•

Named VP & General Manager, Material Handling Segment in November of 2010, with

his title changing to Senior VP & General Manager in July of 2011

•

Previously Managing Director of Material Handling & GM of Buckhorn

•

Prior Director of Operations of Material Handling, Director

of Sales & Marketing,

Buckhorn, and Director of Sales, Buckhorn

•

Over 13 years of experience with the Sonoco Products Company and

seven years with

Continental Group of New York (division sold to Sonoco Products)

Alex Williamson, VP & General Manager, Distribution Segment

•

Joined Myers as VP & General Manager, Distribution Segment in June 2014

•

Previously Co-President of Seaman Corporation

•

Held senior leadership positions at Noveon Inc. (now Lubrizol)

•

Over 24 years of experience in business management and an extensive background in

marketing, sales, chemistry, and product engineering

Material Handling Macro Indicators

22

MHEM (Material Handling Equipment) Index

Source: Material Handling Industry July 2014 Forecast

MHI forecasts new orders of material handling equipment to increase 7.0%

in 2014 and shipments are forecasted to increase 8.3% in 2014. 

Distribution Macro Indicators

23

Replacement Tire Shipments; Miles Driven; Fuel Prices

Source: JP Morgan, RMA, Energy Information Administration, July 2014