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SHLO Shiloh Industries Inc

0.38
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Shiloh Industries Inc NASDAQ:SHLO NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.38 0.3561 0.37 0 01:00:00

Shiloh Industries Awarded DOE Grant to Reduce Environmental Impact of Casting

06/09/2016 5:12pm

GlobeNewswire Inc.


Shiloh Industries (NASDAQ:SHLO)
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Shiloh Industries, Inc. (NASDAQ:SHLO), a leading supplier of lightweighting, noise and vibration solutions, has been awarded funding from the U.S. Department of Energy (DOE) HPC4Mfg program to accelerate the development of innovative energy efficient casting methods.

For the project, titled “Development of a Transformational Micro-Cooling Technology for High-Pressure Die Casting using High-Performance Computing", Shiloh will work with Oak Ridge National Laboratory to accurately model the detail boiling in casting cooling channels. The ability to model critical variables such as uniform temperature distribution, various mechanical properties and heat transfer related defects will have a major impact on energy management and efficiency.

“By incorporating high performance computing into our analytical processes we will be able to accurately model large sections of the cooling channels.  The data will be used in our tool simulations to create dies that will operate with lower energy costs and shorter cycles, reducing waste and rejected parts,” said Alex Reikher, Technical Fellow, research and development at Shiloh Industries.

The High Performance Computing for Manufacturing (HPC4Mfg) Program was established in March 2015 to create an ecosystem that allows experts at DOE’s national laboratories to work directly with manufacturing industry members. The program teaches manufacturers how to adopt or advance their use of high performance computing (HPC) to address manufacturing challenges with a goal of increasing energy efficiency, reducing environmental impacts, and advancing clean energy technologies.

About Shiloh Industries, Inc.

Shiloh Industries, Inc. is a leading global supplier of lightweighting, noise and vibration solutions to the automotive, commercial vehicle and industrial segments, capable of delivering solutions in aluminum, magnesium, steel and high-strength steel alloys to original equipment manufacturers and suppliers.  The company offers the broadest portfolio of lightweighting solutions in the industry through their BlankLight®, CastLight™ and StampLight™ brands.  Shiloh designs and manufactures components in body, chassis and powertrain systems with expertise in precision blanks, ShilohCore™ acoustic laminates, aluminum and steel laser welded blanks, complex stampings, modular assemblies, aluminum and magnesium die casting, as well as precision machined components. Shiloh has over 3,500 dedicated employees with operations, sales and technical centers throughout Asia, Europe and North America.

Hilary Brazin
734 738 1362
hilary.brazin@shiloh.com

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