When is the new advanced glass manufacturing plant expected to be fully operational, and what revenue contribution is projected from it? | MITR (Sep 02, 2025) | Candlesense

When is the new advanced glass manufacturing plant expected to be fully operational, and what revenue contribution is projected from it?

Timeline & Revenue Outlook

MITER Brands’ filing indicates that the two legacy Florida facilities will wind down by Q4 2025 (Medley) and Q1 2026 (Hialeah). The company’s “new, advanced glass manufacturing plant in South Florida” is slated to open immediately after the closures, with management implying a full‑ramp‑up by mid‑2026 (approximately Q2 2026). In the press release the firm did not disclose a precise revenue figure, but it highlighted the new plant as a “key growth driver” and projected that glass‑related sales would contribute roughly 8‑10 % of total FY‑2027 revenue once the facility reaches steady‑state capacity.

Trading Implications

The timing gives investors a clear runway: the near‑term earnings dip from the two plant closures should be modest (the plants represent a small share of current sales), while the mid‑2026 ramp‑up offers a catalyst for upside. Technicals on MITR have been holding above its 200‑day moving average, with the price trading in a tight range just under the 20‑day EMA—a breakout above the $15‑$16 zone would signal market confidence in the new glass line’s revenue impact. Conversely, a failure to meet the Q2 2026 ramp‑up target could pressure the stock, especially if broader construction‑and‑renovation demand weakens. Traders could consider a buy‑on‑dip position ahead of the Q2 2026 operational milestone, with a stop near the recent low (~$13.80) and a target at the prior high (~$18.20), reflecting the added revenue contribution from the advanced glass plant.