Superior Industries Announces Refinancing
Company’s strong financial performance and long-term earnings power attracts new capital.
Superior Joins Aluminium Stewardship Initiative
The ASI promotes the responsible production, sourcing and stewardship of aluminum.
Superior Industries Advances Its Sustainability Initiatives
The all-electric Ford Mustang Mach-E SUV will utilize Superior’s aluminum wheels.
Ford Honors Superior at 22nd Annual World Excellence Awards
Ford’s World Excellence Awards recognize companies that exceed expectations and achieve the highest levels of excellence in quality, cost, performance and delivery.
Superior Industries Names New Executive Vice President, CFO
C. Timothy Trenary joins the company as executive vice president and chief financial officer, effective Sept. 8
Superior Reports Q4, Full-Year 2019 Financial Results
Net sales for the 4th quarter of 2019 were $310 million, compared to net sales of $379 million in the prior year period.
Superior Suspends Quarterly Common Dividend
The company plans to reallocate capital toward investment in the business and net debt reduction.
Superior Industries Reports 4th Quarter, Full Year 2018 Financial Results
Net sales were $1.5 billion compared to $1.1 billion in the prior year.
Superior Industries Reports Third Quarter 2018 Financial Results
Net sales for the third quarter of 2018 were $347.6 million, compared to net sales of $331.4 million in the third quarter of 2017. Superior said the increase during the quarter was driven by higher aluminum prices, offset by lower volume in the third quarter of 2018.
Superior Industries Appoints Matti Masanovich As Executive Vice President And CFO
Prior to joining Superior, Masanovich was the senior vice president and CFO at General Cable Corp.
Superior Industries Appoints Richard Giromini To Its Board
Giromini most recently served as CEO and director of Wabash National, a diversified industrial manufacturer and a leading producer of semi-trailers and liquid transportation systems, from January 2007 until June 2018.
Superior Industries Reports 2nd Quarter 2018 Financial Results
Net sales for the second quarter of 2018 were $389 million, compared to net sales of $240.6 million in the second quarter of 2017. The increase was driven by the inclusion of an additional two months of our European operations, an increase in aluminum prices and favorable mix in both regions.