The story
Miller Industries was founded in 1990 by William G. Miller in Ooltewah, Tennessee. He formed the company (originally known as the Miller Group) after acquiring three under-performing wrecker and towing equipment manufacturers in Holmes, Century, and Challenger. Other early brand acquisitions included Champion and Eagle. In August 1994, the company made its initial public offering (IPO) and began trading on the New York Stock Exchange with a split-adjusted share price of $7. The company's IPO raised $22.4 million and, by 1996, Miller Industries was nearly free of debt.
That year, Miller Industries expanded internationally, acquiring both Boniface Engineering in the U.K. (Thetford) and Jige International in France (Revigny-sur-Ornain). 1996 also saw the company's acquisition of Mississippi-based towing equipment maker, Vulcan International, and the purchase of a manufacturing facility in Hermitage, Pennsylvania. Its headquarters during this time were located in Atlanta, Georgia.
In 1997, the company opened a plant in Greeneville, Tennessee to build car carriers and other products for its recent Vulcan acquisition. In November of that year, Jeffrey I. Badgley was named the President and sole CEO of the company. Badgley had been serving as co-CEO with William G. Miller who remained Chairman of the company after the announcement. Miller would resume the role of co-CEO in October 2003 alongside Badgley. In December 1997, the company acquired Mercer, Pennsylvania-based Chevron Inc., another tow truck manufacturer. Throughout the late 1990s and until 2014, Miller Industries was the official provider of wreckers and recovery equipment for various NASCAR races.
In 2006, the company announced an expansion of the manufacturing facility at its Ooltewah headquarters. In 2009, Miller Industries introduced a hybrid recovery truck at that year's Daytona 500. In 2011, William G. Miller's son, William G. Miller II, was appointed President of the company. The elder Miller remained chairman and Jeffrey Badgley became sole CEO again. In 2013, the younger Miller was appointed co-CEO alongside Badgley. Between 2015 and 2018, Miller Industries expanded and renovated its plants in Hermitage, Pennsylvania, Greeneville, Tennessee, and Ooltewah, Tennessee. In October 2019, the company introduced the world's first rolling rotator with a 100-ton recovery capacity.
From Wikipedia’s article on Miller Industries, shared under CC BY-SA 4.0.6