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AP Ampco Pittsburgh Corp

2.08
0.05 (2.46%)
Last Updated: 17:07:03
Delayed by 15 minutes
Share Name Share Symbol Market Type
Ampco Pittsburgh Corp NYSE:AP NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.05 2.46% 2.08 2.1599 2.03 2.03 18,359 17:07:03

Ampco-Pittsburgh Corporation Announces New Key Partnerships for its Forged and Cast Engineered Products Segment

12/08/2015 9:20pm

Business Wire


Ampco Pittsburgh (NYSE:AP)
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Ampco-Pittsburgh Corporation (NYSE: AP) today announced new partnerships to support its Forged and Cast Engineered Products segment and its subsidiary, Union Electric Steel Corporation.

The first partnership is with one of the country’s leading manufacturers’ representative agencies for open die forged products, the Harold A. O’Neil Company. Since 1962, the Harold A. O'Neil Company has been providing castings, forgings and machining from only the highest quality manufacturers to the oil tool, petrochemical, and other industries located in the Southwestern United States. They have a sales force that covers territories in Texas, Oklahoma, Kansas, Arkansas, Louisiana, and Missouri, with sales offices located in Houston, Dallas/Ft. Worth, Brenham, Texas, and Tulsa, Oklahoma.

In addition, Union Electric Steel Corporation has partnered with a manufacturers’ representative agency, Steel Marketing & Management, Inc. Based in Glenshaw, Pennsylvania, Steel Marketing & Management, Inc. is a sales and consulting firm that serves customers in the steel industry located in Eastern Ohio and Western Pennsylvania. They specialize in steel mill, forging, foundry, machine shop, and OEM segments, and primary product and service offerings include copper molds, steel forgings, ingots and billets, master alloy ingots and billets, certified scrap, alloy tube and bar, grinding belts and abrasive products, machining, and fabricating.

Mr. Robert G. Carothers, Union Electric Steel Corporation’s CEO, said: "I am excited to welcome the O’Neil Company and Steel Marketing & Management to Union Electric. The O’Neil Company has earned a reputation for delivering world-class products, solutions, and service. Steel Marketing & Management is a well-established firm in the Pennsylvania and Ohio region. We share a strong focus on customer service, and together we expect to deliver even more value for our customers."

About Ampco-Pittsburgh Corporation

Ampco-Pittsburgh Corporation, through its operating subsidiaries, is a leading producer of forged and cast rolls for the worldwide steel and aluminum industries as well as ingot and open die forged products for the oil and gas, aluminum, and plastic extrusion industries. It is also a producer of air and liquid processing equipment, primarily custom-engineered finned tube heat exchange coils, large customer air handling systems and centrifugal pumps. Ampco-Pittsburgh Corporation operates manufacturing facilities in the United States and United Kingdom, with sales offices in the United States, United Kingdom and Belgium. Corporate headquarters is located in Pittsburgh, Pennsylvania.

The matters discussed herein may contain forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from expectations. Some of these risks are set forth in the Corporation's Annual Report on Form 10-K as well as the Corporation's other reports filed with the Securities and Exchange Commission.

Ampco-Pittsburgh CorporationGail Gerono, 412-456-4485Investor Relations and Communicationsggerono@ampcopgh.com

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