Last $16.61 USD
Change Today -0.25 / -1.48%
Volume 24.6K
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As of 8:10 PM 08/28/14 All times are local (Market data is delayed by at least 15 minutes).

shiloh industries inc (SHLO) Snapshot

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12/23/13 - $25.34
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09/6/13 - $11.71
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shiloh industries inc (SHLO) Details

Shiloh Industries, Inc., together with its subsidiaries, provides light weighting, as well as noise, vibration, and harshness solutions to automotive, commercial vehicle, and other industrial markets. It designs, engineers, manufactures, and sells first operation exposed and unexposed blanks, and advanced engineered welded blanks for use in exterior and structural components, such as fenders, hoods, and doors principally to automotive and truck original equipment manufacturers (OEMs). The company also provides engineered stampings and complex modular assemblies, such as components used in the structural and powertrain systems of a vehicle; structural systems comprising body-in-white applications and underbody modules; and powertrain systems consisting of deep draw components, such as oil pans, transmission pans, and valve covers. In addition, it offers various intermediate steel processing services, such as oiling, leveling, cutting-to-length, slitting, and edge trimming of hot and cold-rolled steel coils, as well as inventory control services for automotive and steel industry customers. Further, the company provides aluminum light weighting solutions to vehicle systems; ShilohCore acoustic laminate metal solution; and precision tools and dies, and weld and secondary assembly equipment to OEMs and Tier I automotive part manufacturers. The company was founded in 1950 and is headquartered in Valley City, Ohio.

1,824 Employees
Last Reported Date: 12/23/13
Founded in 1950

shiloh industries inc (SHLO) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $700.0K
Principal Financial Officer, Principal Accoun...
Total Annual Compensation: $175.4K
Compensation as of Fiscal Year 2013.

shiloh industries inc (SHLO) Key Developments

Shiloh Industries, Inc. Announces Board Changes

On August 21, 2014, the board of directors of Shiloh Industries Inc. elected Michael S. Hanley, as a member of the board, effective immediately, to fill the vacancy on the board created by retirement of Jack Tanis on August 21, 2014. Mr. Hanley will serve with the class of directors whose term expires at the 2015 annual meeting of the company's stockholders. At the August 21, 2014 meeting, the board appointed Mr. Hanley to the audit, compensation and strategic planning and technology committees. Mr. Hanley recently retired from Ernst and Young LLP where he served as the Global Automotive Leader from 2003 to 2014. In this role, Mr. Hanley was responsible for developing the firm's automotive industry strategy and initiatives worldwide. He most recently served as the Global Client Service Partner or Senior Advisory Partner for three component suppliers and two vehicle manufacturers.

Shiloh Industries Develops Lighter Aluminum Door Blank

Shiloh Industries Inc. revealed the lighter aluminum door blank for mass production without compromising part integrity or formability. This breakthrough allows automakers to further reduce mass compared to existing methods. This innovation provides automakers a significant weight saving compared to traditional methods -- even lightweighting existing aluminum components. As an example, four aluminum, single-piece (monolithic), door-inner blanks of similar geometry weigh 35.5 pounds, whereas Shiloh's aluminum laser welded door-inner blanks weigh 26.8 pounds -- a reduction of nearly nine pounds or 25% per vehicle. Furthermore, carmakers switching from steel monolithic blanks to aluminum laser welded blanks save nearly 58 pounds per vehicle. The Environmental Protection Agency states that even small weight savings directly equates to improved overall fuel economy.

FinnvedenBulten AB (publ), Shiloh Industries Inc. - M&A Call

To consider the sale of the Finnveden Metal Structures (FMS) division to Shiloh Industries Inc


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Price/Book 2.0x
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