This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Shiloh Industries Expands Capabilities For Stronger Focus On Lightweighting Initiatives

VALLEY CITY, Ohio, July 17, 2013 /PRNewswire/ -- Shiloh Industries, Inc. (Nasdaq: SHLO) has invested in new resources and technologies to support its focus on being the automotive industry's single source supplier of casting, laser welding and stamping solutions for lightweighting challenges.

"We've made strategic acquisitions and strengthened our product offerings to help OEMs meet the 54.5 mpg standards through lightweighting efforts," said Ramzi Hermiz, president and chief executive officer. "Lighter body-in-white and chassis components will significantly contribute to gross vehicle weight reduction, which is why we've focused our growth efforts on new technologies that offer multiple mixed material options for manufacturers."

Over the past year, Shiloh has added capacity and capabilities, including the addition of high-integrity, high-ductility, aluminum die castings with on-site heat treating for automotive structural, body-in-white and components. Shiloh is also leading the industry in curvilinear and multicurvilinear welding that adds strength to welded blanks while reducing weight. These technologies are complemented by Shiloh's acoustic products that minimize noise and vibration without adding mass.

"Our team's expertise in steel, aluminum and other alloys, plus our advanced capabilities in product design, engineering and manufacturing, means we can offer an objective viewpoint and develop the right solution for each of our customer's needs," Hermiz said.

To illustrate its focus on lightweighting solutions, Shiloh has refreshed its visual identity. Shiloh's new logo conveys a feeling of confidence and strength, and symbolizes the coming-together of Shiloh's multi-faceted technologies and materials as well as the collective talents that form one strong team. The company's new tagline, "Lightweighting without compromiseā„¢," demonstrates its commitment to providing advanced lightweighting solutions that do not compromise part integrity such as safety, strength, function and quality.

A new Shiloh.com website features the company's new logo and other visual elements and communicates how Shiloh is uniquely qualified to solve customers' lightweighting challenges.  

"Our new brand identity and the new Shiloh.com reflect our commitment to providing effective, cost-efficient solutions for our customers' greatest lightweighting challenges," Hermiz said.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,131.97 +100.83 0.59%
S&P 500 1,998.98 +14.85 0.75%
NASDAQ 4,552.7590 +33.8570 0.75%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs