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.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here