Miller Industries announces Theodore Ashford III as the 6th member of the Board of Directors at miller Industries. Miller Industries trades on the “New York Stock Exchange” under the stock symbol “MLR” For the Latest information regarding “MLR”, make sure to visit the Most Exclusive and In Depth newsletter website at: http://www.wallstreetgrand.com/.
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Miller Industries Inc. (NYSE:MLR) said Wednesday that Theodore Ashford III was elected to the Company's Board of Directors. Ashford, 46, is President and Chief Investment Officer of Ashford Capital Management. He will take his position on April 1st and become Miller Industries' sixth Director.
Miller Industries manufactures towing and recovery equipment. Its shares rose 62 cents, or 5.3 percent, to $12.38 in afternoon trading.
About Miller Industries:
Miller Industries, Inc. manufactures vehicle towing and recovery equipment. It offers various wrecker, car carrier, and trailer bodies. The company’s wreckers range from conventional tow truck to large recovery vehicles with 75-ton lifting capacities that are used to recover and tow disabled vehicles and other equipment. Its car carriers are flat-bed vehicles with hydraulic tilt mechanisms used to transport new or disabled vehicles and other equipment, as well as for transporting vehicles or other equipment over longer distances. The company’s multi-vehicle transport trailers are auto transport trailers with upper and lower decks and hydraulic ramps for loading vehicles. The trailers are used for moving multiple vehicles for auto auctions, car dealerships, and leasing companies. Miller Industries offers its products under the Century, Vulcan, Challenger, Holmes, Champion, Chevron, Eagle, Titan, Jige, and Boniface brand names. It sells its products through sales representatives and independent distributors in the United States, Canada, Mexico, Europe, the Pacific Rim, the Middle East, South America, and Africa. The company was founded in 1994 and is based in Ooltewah, Tennessee.
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