Myers Industries, Inc. (MYE) said that it has entered into a non-binding letter of intent with Zhongding Sealing Parts Co. Ltd. to sell substantially all of the assets of its Buckhorn Rubber Products, Inc. and Michigan Rubber Products, Inc. subsidiaries to Zhongding Sealing Parts Co. Ltd.
Assuming that all of the conditions set forth in the non-binding letter of intent are satisfied, Myers Industries anticipates that the sale would occur before November 2009.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.