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Mayville Engineering Company Announces Strategic Footprint Expansion in the Southeastern U.S.

  • Mayville Engineering Company (MEC) acquired a 138,000 square foot finishing facility in Thomson, Georgia, to expand its Southeastern U.S. manufacturing footprint.
  • The acquisition transaction closed on October 1, 2026.
  • MEC plans to invest approximately $25 million to $30 million in phases through 2028, covering the purchase price, facility improvements, & production equipment.
  • When fully deployed by 2028, the facility is expected to add approximately $50 million in annual revenue capacity.
  • The expansion addresses accelerating demand in the Datacenter & Critical Power end market, where qualified opportunity pipelines exceed $125 million.
  • MEC secured approximately $90 million in new project awards for the Datacenter & Critical Power sector during the first half of 2026.
  • The Thomson location adds Georgia as MEC's tenth state of operation & positions capacity near existing customers in the Southeastern corridor to reduce lead times & freight costs.
  • The site includes operational e-coating & powder coating lines, wastewater treatment, environmental permitting, & an experienced workforce that MEC intends to retain.
  • The project is expected to meet MEC's internal rate of return threshold of at least 15%.
  • Funding for the acquisition & investment comes from existing liquidity, with no expected material impact on 2026 net sales, Adjusted EBITDA, or Free Cash Flow.
  • Revenue & earnings contributions from the new facility are projected to begin in 2027 as fabrication capabilities are commissioned.
  • The total revenue capacity for MEC is expected to increase beyond the previously disclosed $850 million following full deployment of the site.