Mayville Engineering Company Announces Strategic Footprint Expansion in the Southeastern U.S.
Business Wire•01/10/2026•06:15 ET
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Key Highlights
- ➤MEC (NYSE: MEC) acquires 138,000 square foot finishing facility in Thomson, Georgia
- ➤MEC expects $25 million to $30 million investment through 2028
- ➤Facility expected to add approximately $50 million annual revenue capacity by 2028
- ➤MEC secured approximately $90 million in new project awards during the first half of 2026
- ➤Project expected to meet MEC’s internal return threshold of at least 15%
Expert Statements
Jag Reddy, President and Chief Executive Officer of Mayville Engineering Company
“Expanding in the Southeast is an important step in the commercial growth investments we are executing across our business. Demand from our Datacenter & Critical Power customers is currently on track to outpace our available capacity, and this location gives us the platform to grow alongside where our customers are investing. A critical element of MEC’s value to our OEM partners is our proximity to them, and this expansion positions us to deepen our integration into our customers' supply chains as they meet the rapidly growing demand for Datacenter & Critical Power infrastructure.”
Jag Reddy, President and Chief Executive Officer of Mayville Engineering Company
“This acquisition and the corresponding equipment investment are part of a broader organic growth investment we are executing, which will unlock capacity and drive higher-value revenue growth. Consistent with our disciplined approach to capital allocation, we are focused on deploying capital into higher-value growth opportunities that will generate sustainable growth and capital returns as we capitalize on a multi-year secular growth opportunity within Datacenter & Critical Power infrastructure.”
Mayville Engineering Company Announces Strategic Footprint Expansion in the Southeastern U.S.
Mayville Engineering Company (NYSE: MEC) (the “Company” or “MEC”), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end-markets, today announced an expansion of its Southeastern U.S. manufacturing footprint through the acquisition of a 138,000 square foot finishing facility in Thomson, Georgia. The transaction closed on October 1, 2026.
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