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Shiloh Industries Reports 2nd Quarter Fiscal 2018 Results

“Shiloh remained on track with our plan in the second quarter given the significant plant and product launch activity as we converted more of our wins from recent years into commercial production,” said Ramzi Hermiz, president and CEO of Shiloh Industries Inc.

Shiloh Industries Opens Nantong, China, Facility For Lightweight, High-Integrity Aluminum Cast Products

The state-of-the-art facility will begin producing new, nine-speed, aluminum transmission carriers and reverse carriers through Shiloh’s proprietary, high-integrity casting technology and has additional roll-outs scheduled.

Shiloh Industries Expands Position In Global Magnesium Cross Car Beam Products With Recent Acquisition

The company will double production capacity for magnesium castings with this addition and become one of the leading global manufacturers of magnesium cross car beams.

Shiloh Industries To Acquire Brabant Alucast Facilities In Italy And The Netherlands

The acquisition complements the company’s global footprint and expands into aluminum and existing magnesium casting and stamping capabilities, as well as providing for necessary growth-capacity in Europe, according to Shiloh.

Shiloh Industries Reports 4th Quarter and Full-Year Fiscal 2017 Results

The company reported a gross profit of $28.3 million with a gross margin of 10.7 percent.

Shiloh Industries Names Glen Holtz Vice President, Engineering And Technology

Holtz will lead Shiloh’s global product engineering, strategy management and technology teams.

Shiloh Industries Reports 3rd Quarter Fiscal 2017 Results

Third quarter 2017 highlights included a net revenue increase to $256.8 million, compared to $248.8 million in the third quarter of 2016.

Shiloh Industries Announces Pricing Of Common Stock Offering

The company intends to use the net proceeds of the offering to repay borrowings under its revolving credit facility.

Shiloh Industries Added To Russell 3000 Index

The addition to the broad-market Russell 3000 Index occurred today at the conclusion of the Russell indexes annual reconstitution.

Shiloh Industries Reports 2nd Quarter Fiscal 2017 Results

The company reported adjusted earnings per diluted share for the quarter of 36 cents, and gross profit increased by more than 26 percent to $33.2 million.