Shiloh Industries grows under new leadership

Mar 22, 2013 | 10:31 AM | Corinna Petry

Tags  Shiloh Industries, Ramzi Hermiz, automotive steel blanks, aluminum die casting, BMW, GM, Tesla, acquisitions diversification

CHICAGO — With the help of key acquisitions and the installation of new management, Shiloh Industries Inc. is quickly evolving to meet the needs of North American automakers, a company executive told AMM.

In September, the board of directors of the Valley City, Ohio-based steel coil processor and producer of engineered blanks appointed Ramzi Y. Hermiz president and chief executive officer, succeeding Theodore Zampetis, who retired from that post Dec. 31. Hermiz previously served as senior vice president at automotive technology company Federal-Mogul Corp.

In December, Shiloh made two strategic acquisitions, purchasing Albany-Chicago Co. LLC (ACC) for $55 million and buying a fully functioning stamping plant in Anniston, Ala., from Atlantic Tool & Die-Alabama Inc.....





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