Mayville Engineering MEC Increase Decrease In Tooling In Process
Increase Decrease In Tooling In Process at other companies
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Where this comes from
Reported directly by Mayville Engineering in its filing.
Tagged under the XBRL concept mec:IncreaseDecreaseInToolingInProcess.
The official record: Mayville Engineering’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Mayville Engineering's increase decrease in tooling in process?
- Mayville Engineering (MEC) reported increase decrease in tooling in process of $628K in Q1 2026.
- How has Mayville Engineering's increase decrease in tooling in process changed year-over-year?
- Mayville Engineering's increase decrease in tooling in process increased by 290.9% year-over-year, from -$329K to $628K.
- What is the long-term trend for Mayville Engineering's increase decrease in tooling in process?
- Over 3 years (2021 to 2024), Mayville Engineering's increase decrease in tooling in process has grown at a -5.5% compound annual growth rate (CAGR), from $824K to -$696K.
- What does increase decrease in tooling in process mean?
- This represents the net change in capital invested in tooling projects that are currently under development but not yet placed into service. For manufacturing firms, this indicates the pace of investment in new production capabilities and the timing of project completion. Fluctuations here highlight the company's commitment to expanding or upgrading its manufacturing infrastructure.