{"id":3395,"date":"2023-11-01T13:27:34","date_gmt":"2023-11-01T18:27:34","guid":{"rendered":"https:\/\/www.mecinc.com\/?p=3395"},"modified":"2023-11-01T13:48:34","modified_gmt":"2023-11-01T18:48:34","slug":"mayville-engineering-company-announces-third-quarter-2023-results","status":"publish","type":"post","link":"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/","title":{"rendered":"Mayville Engineering Company Announces Third Quarter 2023 Results"},"content":{"rendered":"\n<p>\u201cWe delivered significant year-over-year growth in revenue, Adjusted EBITDA and free cash flow in the third quarter, while continuing to demonstrate focused execution under our MBX value creation framework,\u201d stated Jag Reddy, President and Chief Executive Officer. \u201cWe generated organic sales growth across our commercial vehicle, powersports and military markets during the third quarter. Our collective focus on driving improved cost absorption and price discipline resulted in strong Adjusted EBITDA margins and record free cash flow generation during the quarter, even as our Hazel Park facility continued to ramp up utilization.\u201d<\/p>\n\n\n\n<p>Click <a href=\"https:\/\/ir.mecinc.com\/news\/news-details\/2023\/Mayville-Engineering-Company-Announces-Third-Quarter-2023-Results\/default.aspx\">here<\/a> to see more highlights from our third quarter results.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cWe delivered significant year-over-year growth in revenue, Adjusted EBITDA and free cash flow in the third quarter, while continuing to demonstrate focused execution under our MBX value creation framework,\u201d stated Jag Reddy, President and Chief Executive Officer. \u201cWe generated organic sales growth across our commercial vehicle, powersports and military markets during the third quarter. Our [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":3396,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-3395","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-releases"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Mayville Engineering Company Announces Third Quarter 2023 Results - MEC Inc.<\/title>\n<meta name=\"description\" content=\"Check out this post from the MEC News: Mayville Engineering Company Announces Third Quarter 2023 Results. Stay up to date on the latest news.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mayville Engineering Company Announces Third Quarter 2023 Results - MEC Inc.\" \/>\n<meta property=\"og:description\" content=\"Check out this post from the MEC News: Mayville Engineering Company Announces Third Quarter 2023 Results. Stay up to date on the latest news.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/\" \/>\n<meta property=\"og:site_name\" content=\"MEC Inc.\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-01T18:27:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-01T18:48:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.mecinc.com\/wp-content\/uploads\/2023\/11\/3Q-2023-Image_vF-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lisa Lahr\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lisa Lahr\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/\"},\"author\":{\"name\":\"Lisa Lahr\",\"@id\":\"https:\/\/www.mecinc.com\/#\/schema\/person\/488d6eb4b671f7910993701a542383d7\"},\"headline\":\"Mayville Engineering Company Announces Third Quarter 2023 Results\",\"datePublished\":\"2023-11-01T18:27:34+00:00\",\"dateModified\":\"2023-11-01T18:48:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/\"},\"wordCount\":109,\"image\":{\"@id\":\"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mecinc.com\/wp-content\/uploads\/2023\/11\/3Q-2023-Image_vF-scaled.jpg\",\"articleSection\":[\"Press Releases\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/\",\"url\":\"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/\",\"name\":\"Mayville Engineering Company Announces Third Quarter 2023 Results - MEC Inc.\",\"isPartOf\":{\"@id\":\"https:\/\/www.mecinc.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mecinc.com\/wp-content\/uploads\/2023\/11\/3Q-2023-Image_vF-scaled.jpg\",\"datePublished\":\"2023-11-01T18:27:34+00:00\",\"dateModified\":\"2023-11-01T18:48:34+00:00\",\"author\":{\"@id\":\"https:\/\/www.mecinc.com\/#\/schema\/person\/488d6eb4b671f7910993701a542383d7\"},\"description\":\"Check out this post from the MEC News: Mayville Engineering Company Announces Third Quarter 2023 Results. Stay up to date on the latest news.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/#primaryimage\",\"url\":\"https:\/\/www.mecinc.com\/wp-content\/uploads\/2023\/11\/3Q-2023-Image_vF-scaled.jpg\",\"contentUrl\":\"https:\/\/www.mecinc.com\/wp-content\/uploads\/2023\/11\/3Q-2023-Image_vF-scaled.jpg\",\"width\":2560,\"height\":1707},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.mecinc.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Mayville Engineering Company Announces Third Quarter 2023 Results\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.mecinc.com\/#website\",\"url\":\"https:\/\/www.mecinc.com\/\",\"name\":\"MEC Inc.\",\"description\":\"An Employee-Owned Company\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.mecinc.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.mecinc.com\/#\/schema\/person\/488d6eb4b671f7910993701a542383d7\",\"name\":\"Lisa Lahr\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.mecinc.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/07b012d37ed9093817e8f18cd2ed201e4d4931bd74359b376dcff9485d75d071?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/07b012d37ed9093817e8f18cd2ed201e4d4931bd74359b376dcff9485d75d071?s=96&d=mm&r=g\",\"caption\":\"Lisa Lahr\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Mayville Engineering Company Announces Third Quarter 2023 Results - MEC Inc.","description":"Check out this post from the MEC News: Mayville Engineering Company Announces Third Quarter 2023 Results. Stay up to date on the latest news.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/","og_locale":"en_US","og_type":"article","og_title":"Mayville Engineering Company Announces Third Quarter 2023 Results - MEC Inc.","og_description":"Check out this post from the MEC News: Mayville Engineering Company Announces Third Quarter 2023 Results. Stay up to date on the latest news.","og_url":"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/","og_site_name":"MEC Inc.","article_published_time":"2023-11-01T18:27:34+00:00","article_modified_time":"2023-11-01T18:48:34+00:00","og_image":[{"width":2560,"height":1707,"url":"https:\/\/www.mecinc.com\/wp-content\/uploads\/2023\/11\/3Q-2023-Image_vF-scaled.jpg","type":"image\/jpeg"}],"author":"Lisa Lahr","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Lisa Lahr","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/#article","isPartOf":{"@id":"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/"},"author":{"name":"Lisa Lahr","@id":"https:\/\/www.mecinc.com\/#\/schema\/person\/488d6eb4b671f7910993701a542383d7"},"headline":"Mayville Engineering Company Announces Third Quarter 2023 Results","datePublished":"2023-11-01T18:27:34+00:00","dateModified":"2023-11-01T18:48:34+00:00","mainEntityOfPage":{"@id":"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/"},"wordCount":109,"image":{"@id":"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/#primaryimage"},"thumbnailUrl":"https:\/\/www.mecinc.com\/wp-content\/uploads\/2023\/11\/3Q-2023-Image_vF-scaled.jpg","articleSection":["Press Releases"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/","url":"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/","name":"Mayville Engineering Company Announces Third Quarter 2023 Results - MEC Inc.","isPartOf":{"@id":"https:\/\/www.mecinc.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/#primaryimage"},"image":{"@id":"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/#primaryimage"},"thumbnailUrl":"https:\/\/www.mecinc.com\/wp-content\/uploads\/2023\/11\/3Q-2023-Image_vF-scaled.jpg","datePublished":"2023-11-01T18:27:34+00:00","dateModified":"2023-11-01T18:48:34+00:00","author":{"@id":"https:\/\/www.mecinc.com\/#\/schema\/person\/488d6eb4b671f7910993701a542383d7"},"description":"Check out this post from the MEC News: Mayville Engineering Company Announces Third Quarter 2023 Results. Stay up to date on the latest news.","breadcrumb":{"@id":"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/#primaryimage","url":"https:\/\/www.mecinc.com\/wp-content\/uploads\/2023\/11\/3Q-2023-Image_vF-scaled.jpg","contentUrl":"https:\/\/www.mecinc.com\/wp-content\/uploads\/2023\/11\/3Q-2023-Image_vF-scaled.jpg","width":2560,"height":1707},{"@type":"BreadcrumbList","@id":"https:\/\/www.mecinc.com\/news\/mayville-engineering-company-announces-third-quarter-2023-results\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.mecinc.com\/"},{"@type":"ListItem","position":2,"name":"Mayville Engineering Company Announces Third Quarter 2023 Results"}]},{"@type":"WebSite","@id":"https:\/\/www.mecinc.com\/#website","url":"https:\/\/www.mecinc.com\/","name":"MEC Inc.","description":"An Employee-Owned Company","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.mecinc.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.mecinc.com\/#\/schema\/person\/488d6eb4b671f7910993701a542383d7","name":"Lisa Lahr","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.mecinc.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/07b012d37ed9093817e8f18cd2ed201e4d4931bd74359b376dcff9485d75d071?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/07b012d37ed9093817e8f18cd2ed201e4d4931bd74359b376dcff9485d75d071?s=96&d=mm&r=g","caption":"Lisa Lahr"}}]}},"_links":{"self":[{"href":"https:\/\/www.mecinc.com\/wp-json\/wp\/v2\/posts\/3395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mecinc.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mecinc.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mecinc.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mecinc.com\/wp-json\/wp\/v2\/comments?post=3395"}],"version-history":[{"count":0,"href":"https:\/\/www.mecinc.com\/wp-json\/wp\/v2\/posts\/3395\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mecinc.com\/wp-json\/wp\/v2\/media\/3396"}],"wp:attachment":[{"href":"https:\/\/www.mecinc.com\/wp-json\/wp\/v2\/media?parent=3395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mecinc.com\/wp-json\/wp\/v2\/categories?post=3395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mecinc.com\/wp-json\/wp\/v2\/tags?post=3395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}