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Shiloh Industries Honored In Inaugural PACEpilot Awards

Shiloh Industries (NASDAQ: SHLO), an environmentally focused global supplier of lightweighting, noise and vibration solutions, has been named a 2020 Automotive News PACEpilot honoree for its innovative aluminum laser welding technology.

Shiloh Industries (SHLO) - Get Shiloh Industries, Inc. Report, an environmentally focused global supplier of lightweighting, noise and vibration solutions, has been named a 2020 Automotive News PACEpilot honoree for its innovative aluminum laser welding technology.

The PACEpilot program, part of Automotive News' prestigious annual PACE awards, recognizes innovations from suppliers for game-changing technologies.

"Shiloh's proprietary laser welding technology is a breakthrough for automakers looking to lightweight and lower the cost of their vehicles, while maintaining or improving safety and durability," said Scott Borovich, vice president, business development and technology. "We are honored to be recognized by Automotive News for this exciting, new technology. It is truly a game-changer."

Shiloh's proprietary technology accomplishes in aluminum what was previously only available with steel. This unique ability to fuse two aluminum blanks of similar or dissimilar material thicknesses while maintaining maximum formability provides unique product benefits that allow an OEM to reduce cost, reduce weight, reduce scrap, and significantly reduce the CO2 footprint. Applications for this technology include door and liftgate inners, A and B pillars, roof bows, package trays, floor pans, tunnels, battery enclosures and frame rails.

"Shiloh's aluminum laser welding process is the first in the industry proven to withstand extreme formability and durability," said Jim Evangelista, director, research and development.

"Shiloh's aluminum laser welded blanks require less material and yield a more consistent joint than the competition," he continued. "We are very excited about how this technology will benefit our customers; including performance, speed to market, profitability and CO2 footprint."

About Shiloh Industries, Inc.

Shiloh Industries, Inc. (SHLO) - Get Shiloh Industries, Inc. Report is a global innovative solutions provider focusing on lightweighting technologies that provide environmental and safety benefits to the mobility market. Shiloh designs and manufactures products within body structure, chassis and propulsion systems. Shiloh's multicomponent, multi-material solutions are comprised of a variety of alloys in aluminum, magnesium and steel grades, along with its proprietary line of noise and vibration reducing ShilohCore® acoustic laminate products. The strategic BlankLight®, CastLight® and StampLight® brands combine to maximize lightweighting solutions without compromising safety or performance. Shiloh has approximately 3,600 dedicated employees with operations, sales and technical centers throughout Asia, Europe and North America.

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