Shiloh’s net income doubles on boost in vehicle volumes

Dec 20, 2011 | 11:30 AM | Corinna Petry

Tags  Shiloh Industries, steel blank manufacturer, earnings, Ted Zampetis, corinna petry

CHICAGO — Automotive steel blanks producer Shiloh Industries Inc. posted net income of more than $7.8 million in its fiscal year ended Oct. 31, double earnings of nearly $3.9 million the previous year on sales that rose 13.2 percent to $517.7 million.

It was a strong year for the Valley City, Ohio-based company, as expected, said president and chief executive officer Theodore "Ted" K. Zampetis.....

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